Slingshots Trade Plan Mentoring Video for the week of 1/28/2020

James Kimball | January 28, 2020

Market Bias: Neutral to Bullish Longs: CMG - FTP Transition - Earnings Feb 4th ASML U-Turn ALKS - Brickwall Bottom - Earnings Feb 12-17 Shorts:

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01/29/2020

Aldrin Gonzales |

S&P 500 (SPY) A weekly close under 320 will not look healthy. 329.50 resistance

Russell 2000 (IWM) Support between 163.80-164.07 to hold

Dow (DIA) 284.12 is the 50-DMA with 290.35 resistance

Nasdaq (QQQ) 212.24 support with 222 resistance.…


01/29/2020

Aldrin Gonzales |

S&P 500 (SPY) A weekly close under 320 will not look healthy. 329.50 resistance Russell 2000 (IWM) Support between 163.80-164.07 to hold Dow (DIA) 284.12 is the 50-DMA with 290.35 resistance Nasdaq (QQQ) 212.24 support with 222 resistance. KRE (Regional …


01/28/2020

Aldrin Gonzales | January 27, 2020

S&P 500 (SPY) A weekly close under 320 will not look healthy. So that is the area to hold.

Russell 2000 (IWM) Support between 163.67-164.07 to hold

Dow (DIA) 283.93 is the 50-DMA

Nasdaq (QQQ) A weekly close under 212.24 …


01/28/2020

Aldrin Gonzales |

S&P 500 (SPY) A weekly close under 320 will not look healthy. So that is the area to hold. Russell 2000 (IWM) Support between 163.67-164.07 to hold Dow (DIA) 283.93 is the 50-DMA Nasdaq (QQQ) A weekly close under 212.24 …


Equities Meet Mother Nature

Keith Schneider | January 26, 2020

The outbreak of a nasty virus that started in China has spread from animals to humans and now the financial markets. Equities actually sold off, hitting Mainland China, Hong Kong and Taiwan the hardest. Not surprising, since those markets have …


01/27/2020

Aldrin Gonzales |

S&P 500 (SPY) Distribution Day in volume and broke the 10-DMA at 329.53 now pivotal.

Russell 2000 (IWM) Support between 163.66-164.07, inside week and resistance at 167.14

Dow (DIA) Inside week. 290.80 the 10-DMA broke now pivotal. 288.14 the weekly …


01/27/2020

Aldrin Gonzales |

S&P 500 (SPY) Distribution Day in volume and broke the 10-DMA at 329.53 now pivotal. Russell 2000 (IWM) Support between 163.66-164.07, inside week and resistance at 167.14 Dow (DIA) Inside week. 290.80 the 10-DMA broke now pivotal. 288.14 the weekly …


01/24/2020

Aldrin Gonzales | January 23, 2020

S&P 500 (SPY) Held the 10-DMA support now at 329.33

Russell 2000 (IWM) 167.17-after all is said and done, the 10-DMA held

Dow (DIA) 290.78 support as after all is said and done, the 10-DMA held

Nasdaq (QQQ) 221.60 support …


01/24/2020

Aldrin Gonzales |

S&P 500 (SPY) Held the 10-DMA support now at 329.33 Russell 2000 (IWM) 167.17-after all is said and done, the 10-DMA held Dow (DIA) 290.78 support as after all is said and done, the 10-DMA held Nasdaq (QQQ) 221.60 support …