Slingshots Trade Plan Mentoring Video for the week of 8/25/2020

James Kimball | August 25, 2020

Market Bias: Bullish / Caution Longs: NEM - 123 Pullback, U-Turn BIDU - U-Turn Shorts: AGO - U-Turn

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08/26/2020

Aldrin Gonzales |

S&P 500 (SPY) All-time high. 340 then 335 are important support. Russell 2000 (IWM) Closed over PDH. Now sitting on 10 DMA. Key area to break is 157, then 160 is resistance area. Support at 155 then swing low is …


08/26/2020

Aldrin Gonzales |

S&P 500 (SPY) All-time high. 340 then 335 are important support.

Russell 2000 (IWM) Closed over PDH. Now sitting on 10 DMA. Key area to break is 157, then 160 is resistance area. Support at 155 then swing low is …


08/25/2020

Aldrin Gonzales | August 24, 2020

S&P 500 (SPY) All-time high. 340 then 335 are important support.

Russell 2000 (IWM) Closed over PDH. Key level to break above now 10 DMA area of 157, then 160 is resistance area. Bounced off the 20 DMA. 153 is …


08/25/2020

Aldrin Gonzales |

S&P 500 (SPY) All-time high. 340 then 335 are important support. Russell 2000 (IWM) Closed over PDH. Key level to break above now 10 DMA area of 157, then 160 is resistance area. Bounced off the 20 DMA. 153 is …


08/24/2020

Aldrin Gonzales | August 23, 2020

S&P 500 (SPY) All-time high resistance at 339.61 area. Watch 335 as important support.

Russell 2000 (IWM)  Continued lower afer a break under 10 DMA.  Key level to break above now 10 DMA area of 157, then 160 is resistance …


08/24/2020

Aldrin Gonzales |

S&P 500 (SPY) All-time high resistance at 339.61 area. Watch 335 as important support. Russell 2000 (IWM)  Continued lower afer a break under 10 DMA.  Key level to break above now 10 DMA area of 157, then 160 is resistance …


Market Breadth: Not All Bad News

Geoff Bysshe | August 22, 2020

Last week’s news was filled with stories about how the FANG stocks and particularly APPL were the main driving forces behind the new highs in the indexes and their ETFs (i.e. SPY and QQQ). The tone of this type of …


08/21/2020

Aldrin Gonzales | August 20, 2020

S&P 500 (SPY) All-time high resistance at 339 area. Watch 335 as important support.

Russell 2000 (IWM)  Closed under 10 DMA.  Key level to break above is 158, then 160 is resistance area. Sitting on the 10 DMA. 153 is …


08/21/2020

Aldrin Gonzales |

S&P 500 (SPY) All-time high resistance at 339 area. Watch 335 as important support. Russell 2000 (IWM)  Closed under 10 DMA.  Key level to break above is 158, then 160 is resistance area. Sitting on the 10 DMA. 153 is …