Be aware that the 200 SMA (red) is way down from the price action (Not a very good sign). The uptrend is getting too steep. A big retracement to the down side is highly possible (Although the markes have tanked last week, still, pay close attention to the price action). When making trading decisions, bear…
Category: Trading US Equity Stocks
Trading Plan for Feb-12-2020 – WORK
Big Picture SPY: Even though, yesterday´s session was a sell off for SPY, after hours trading shows had held prices 335.37. Keep an eye on todays pre-market and opening to determine market direction. If SPY hold 335.92 most likely will turn looking for an uptrend, otherwise it will continue yesterdays downtrend. (So far, on the…
Trading Plan for Jan-30-2020
Watchlist: Big Picture SPY: Even though the market recovers from a sharp drop, The S&P 500 stumbled into the close yesterday. “News that the Fed is still increasing its balance sheet might be positive as many investors believe the liquidity somehow makes its way into the stock market helping to fuel the rally” On the…
Trading Plan for Jan-28-2020 – MSFT
Watchlist: Big Picture SPY: Markets fear over the coronavirus. European markets had dropped as well as SPY. Most of leader stocks had sell off. SPY is taking a break on the Daily Chart. Big gap. SPY seems to be ready for a pullback. We need to be a little bit cautious, let the market settle…
Trading Plan for Jan-22-2020 – AAXN
Watchlist: Big Picture SPY: SPY still in an uptrend on the Daily Chart. All time highs. Strong market. We could say is a bit extended (14.56%) but we are not going to go against of the trend until the market shows us is weak. SPY on the 30-MIN chart – Barely touched resistance at 33.05…
Trading Plan for Jan-17-2020 – AMD
Watchlist: Big Picture SPY: SPY still in an uptrend on the Daily Chart. All time highs. Strong market. We could say is up too much (16.84%) but we are not going to bet on that until the market shows us is weak. SPY on the 30-MIN chart was testest at 329.45 support a few times…
Trading Plan for Jan-14-2020 – PGNY
Watchlist: Big Picture SPY: SPY continues in an uptrend on the Daily Chart. All time highs. Steady and strong uptrend. SPY on the 30-MIN chart – Support at: 327.21 and closest support at: 327.61 So far, on Pre-Market is showing strengh. 327.21 Support was tested and prices bounced upward. SPY on the 5-MIN chart –…
Vanessa Alva | US Equity Trader 