[Bearish Setup] - S&P 500

The S&P 500 is presenting some pretty interesting opportunities. Based on my analysis, I believe a short position might potentially be very profitable. I will still have to take a look at what happens when the markets open on Monday.

As always, happy trading.

Cheers.

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[Bullish Setups] - MAS, FDX, CAT (NYSE)

I have identified 3 stocks that I believe is setting up for a bullish movement. Feel free to take a look at the charts, the numbers are just an approximate.

As always, happy trading.
Cheers.

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Did you trade WPX (NYSE) with me for a $2236 profit in 19 days?

Wrote a post about a shorting opportunity for WPX a few weeks back and yesterday I decided to take profit as it was near the support. Congratulations on those who followed the call. The entire trade a little bit of a roller coaster as you can see after I entered short, I was actually making a unrealised loss for quite a number of days.

This reminds me of a book i read about how being discipline and sticking to your trading plan is essential if you want to succeed in this.



As always, happy trading.

Cheers.

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