Swing Trading Watch List – Jan 6, 2012
Only longs showed up on our scans this evening. This can mean one of two things, a violent rally, or violent decline. Not very helpful right? Wrong. When we see the same pattern show up across all markets look to the media. If the media is talking about that same setup, it’s likely the opposite will happen. If the markets are showing a clear sign or pattern setting up, it’s okay to go in big. Just make sure to define…