The KRE (regional bank ETF) has moved below the suggested stop of any move below 44.79 today for a loss of 2.6% & will be moved to the Completed Trades archives while also under consideration for another long entry, quite likely very soon.
KRE daily Dec 24th
As mentioned in the most recent video, both the QQQ & the IWM long swing trades were stopped out on Friday. QQQ closed at 147.57 on Friday, below the suggested stop of a daily close below 152.00, for a 4.2% loss while IWM hit the suggested stop of any move below 129.25 for a 1.8% loss.
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- IWM daily Dec 24th
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- QQQ daily Dec 24th
Nothing ventured, nothing gained. The selling late last week & so far today appears to be a likely selling climax & all of these trades are also on watch for another long entry soon, possibly later this week depending on how the charts develop.