A review of recent trendlines of SSO, SPLG, SPYV, IVW and UWM. First time shared analysis. Not investment advice, just sharing what I'm seeing.
Bit money has been moving into these stop options looking for higher prices in the next 10 days! This stock looks like a solid gamble for higher prices. Weekly chart breaking will trigger powerful 2-3 week rally.
These morning gap trades happen nearly every week providing a steady stream of winning trades.
Opening Gap Signals Market Top For Swing Traders
Broad market setting up for another leg down after this week's short covering pop and overly bullish sentiment. See More Videos at www.TheTechnicalTraders.com