Technical Analysis

swing trading short setup

5 Swing Trading Short Setups

Jul 10th

Posted by Craig in Stock Charts

42 comments

There are many potential short setups but very few of them are showing signs of a reversal yet. So, maybe on Monday, we will begin seeing some reversal candles.

Here are some stocks to add to your watch list:

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Death Cross of the S&P 500

Is the Death Cross Bearish? Maybe Not…

Jul 7th

Posted by Craig in Technical Analysis

5 comments

If you’ve read any kind of stock market news lately, then no doubt you have heard traders talking about something called a “Death Cross” (or some call it a “Black Cross”).

What is it?

It’s when the 50 period moving average crosses below the 200 period moving average in the S&P 500. It just happened recently. This moving average crossover supposedly spells doom for the stock market. Here is a chart:

Death Cross on the S&P 500

Should we be concerned?

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Failed Breakout on a Stock Chart

3 Reasons Why Trading Breakouts is a Losers Game

Jul 6th

Posted by Craig in Technical Analysis

3 comments

BREAKOUT!

The word “breakout” sounds so exciting doesn’t it? It sure sounded exciting to me when I first started trading. But then I realized that it is much easier (and smarter) to buy pullbacks.

First of all, “What is a breakout?”.

A breakout is defined as a stock price that moves outside of a support or resistance area. You would then buy (or short) the stock once it moves above or below these areas.

But, it is not that easy.

There are three problems with trading breakouts:

1. Failed Breakouts

2. Consolidations

3. Pullbacks

Let’s break these down (no pun intended!) and I think that you will agree with me that trading breakouts is much easier said than done.

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