Swing Trade Ideas 6-12-26

This video from the channel Right Side of the Chart provides a comprehensive technical analysis and overview of various swing trade ideas, market indices, and specific stock charts based on closing data around mid-June 2026.

Here is a summary of the core assets and trade ideas discussed:

1. Stock Trade Updates & Interactive Comments

The presenter begins by walking through active posts and trading room updates on their website, highlighting recent target achievements:

• RKDA (Arcadia Biosciences): Achieved its 1st, 2nd, and 3rd price targets, showing significant profit returns (~70&) & has fallen back to just below the trendline/entry level. Suggested stops & next buy trigger levels are discussed.

• QQQ Swing Trade Update: An active short trade idea targeting the tech-heavy index.

• Community Chart Reviews: The speaker interacts with subscriber requests, reviewing requested shorts like CIBR (Cybersecurity ETF) and AIQ (Artificial Tech ETF), as well as evaluating long-term potential for protective positions like VIXY (Volatility ETF).

2. Market Indices & Volatility

• VIX (CBOE Volatility Index): Analysis points out major historical inflection points around previous divergent lows & breakouts/buy signals. The VIX chart exhibits strong trend lines and a pattern of “divergent lows,” indicating potential upcoming market turbulence and a bounce in volatility although any meaningful upside from here will most likely depend on a reversal & substantial drop in the financial sector.

• XLF (Financial Select Sector): Reviewed alongside major banking components like JPMorgan Chase (JPM) and Bank of America (BAC). The financial sector shows signs of recently testing the key 200-day moving average levels while breaking out above the 200-day SMA and down-trend resistance lines today.

3. Gold, Silver, and Commodities

• GLD (SPDR Gold Trust): The presenter details a technical breakdown of gold, noting a “blow-off top” pattern followed by corrections into key target zones. The focus remains on evaluating strong potential divergent lows for prospective long re-entries. GLD just hit the top of the final ‘official’ price target, the top of the T3 zone, which is support, along with positive divergences on the daily chart, providing an objective level to cover the swing short position and/or reverse to a long position for a bounce trade, with stops somewhat below the bottom of the T3 zone.

• GDX (Gold Miners ETF): Tracks closely with gold bullion, breaking key historical trend lines and also hitting & reversing off T2 (second price target) when GOLD hit the top of the T3 zone.

• SLV (iShares Silver Trust): Displays a steep correction pattern after historical highs, consolidating within defined triangle chart patterns as it stabilizes. Along with GLD & GDX, SLV just hit the third (T3) and final price target (uptrend line support) on the daily chart with a bounce likely.

4. Large-Cap and Emerging Tech Charts

• Bitcoin (BTC/USD): Analyzed on a multi-year daily macro scale. The speaker identifies long-term uptrend channels, historical breakout levels, and highlights the current testing of divergent highs/lows while at support, increasing the odds for a counter-trend bounce along with MSTR.

• MSTR (MicroStrategy Inc.): Features a breakdown of historical performance relative to key target zones, tracking moving averages and active stop-loss recommendations. Should $BTC continue to hold $ reverse off the 58,628 price target/support level, it is likely to mount a tradable bounce with potential bounce targets covered.

• BABA (Alibaba Group): Discussed on a macro-weekly timeframe, detailing years of cyclical downturns followed by bottom support accumulation and emerging uptrend signals.

• FIG (Figma Inc.) & SPCX (SpaceX associated themes): Included to highlight swift tech performance fluctuations and momentum trading patterns in current market conditions.

(Note: This video serves as a technical charting summary and does not constitute formal financial advice.)