Great weekend video review from the swing trader....almost 18 minutes of charts describing the setup goin into quadruple withcing expirations on Friday....
Chart Swing Trader
My view is the risk reward for next week is definitely on the bearish side; HOWEVER, I believe the action this week could be viewed as contrairian going forward into April. In other words, if the anticipated selloff next week is muted and fails to break to new lows one could view this as "The Bottom" and get cautiously long.
One thing is a given for next week....The financials WILL take the brunt of the selling going into Friday....
Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
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