Slingshots Trade Plan Mentoring Video for the week of 4/21/2020

James Kimball | April 21, 2020

Market Bias: Neutral / Caution Longs: CLX - 2 Days Neg FTP - Earnings May 1st NTES - 2 Days Neg FTP - Earnings May 13+ Shorts: CRM - Expansion Day - Earnings June 2+

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04/22/2020

Aldrin Gonzales |

S&P 500 (SPY) 277.50-280 Resistance with 270 then 265.50 best support

Russell 2000 (IWM) inside week. Under 114.56, next suppport is 113.24. Should that fail, IWM see 102.  Over 124.88, can see 134

Dow (DIA) 235 resistance then 237.45. Support …


04/22/2020

Aldrin Gonzales |

S&P 500 (SPY) 277.50-280 Resistance with 270 then 265.50 best support Russell 2000 (IWM) inside week. Under 114.56, next suppport is 113.24. Should that fail, IWM see 102.  Over 124.88, can see 134 Dow (DIA) 235 resistance then 237.45. Support …


04/21/2020

Aldrin Gonzales | April 20, 2020

S&P 500 (SPY) Ran right to resistance at under 288 and fell today. Support at 278-280 to be tested.

Russell 2000 (IWM) 114.55 support 118-120 pivotal. 125.80 2018 November low resistance

Dow (DIA) 240 pivotal 234.80 support to hold

Nasdaq …


04/21/2020

Aldrin Gonzales |

S&P 500 (SPY) Ran right to resistance at under 288 and fell today. Support at 278-280 to be tested. Russell 2000 (IWM) 114.55 support 118-120 pivotal. 125.80 2018 November low resistance Dow (DIA) 240 pivotal 234.80 support to hold Nasdaq …


Main Street and Wall Street Not Speaking

Keith Schneider | April 19, 2020

U.S. stock indexes extended their rally for the most part with the NASDAQ 100 (QQQ) up +1.3% YTD and +6.9% for the week. However, small caps Grandpa Russell (IWM) closed -1.5% for the week and down -26.3% for the year. …


04/20/2020

Aldrin Gonzales |

S&P 500 (SPY) 287-290.45 (retrace to the MA breakdown)

Russell 2000 (IWM) 114.55 support 118-120 pivotal. 125.80 2018 November low resistance

Dow (DIA) 240 pivotal

Nasdaq (QQQ) 205 support. 220 big resistance…


04/20/2020

Aldrin Gonzales |

S&P 500 (SPY) 287-290.45 (retrace to the MA breakdown) Russell 2000 (IWM) 114.55 support 118-120 pivotal. 125.80 2018 November low resistance Dow (DIA) 240 pivotal Nasdaq (QQQ) 205 support. 220 big resistance KRE (Regional Banks) 33.10 pivotal support SMH (Semiconductors) …


04/17/2020

Aldrin Gonzales | April 16, 2020

S&P 500 (SPY) 270 support 280 closest resistance and a move near 287-290.45 if gets there-a short (retrace to the MA breakdown)

Russell 2000 (IWM) 114.55 support 118-120 pivotal. 125.80 2018 November low resistance

Dow (DIA) 237 the pivotal 200-week …


04/17/2020

Aldrin Gonzales |

S&P 500 (SPY) 270 support 280 closest resistance and a move near 287-290.45 if gets there-a short (retrace to the MA breakdown) Russell 2000 (IWM) 114.55 support 118-120 pivotal. 125.80 2018 November low resistance Dow (DIA) 237 the pivotal 200-week …