Comments on: Swing Trade Ideas & Key Developments 10-20-23 https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/ Stock Trading, Investing & Market Analysis Mon, 23 Oct 2023 11:31:52 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: budgetny https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29553 Mon, 23 Oct 2023 11:31:52 +0000 https://rightsideofthechart.com/?p=212608#comment-29553 Good morning Randy. We closed right on the Q’s .554.70ish support. I covered at that support level as I am trying to book profits. Looks like the overnight markets decisively took out the support. If we don’t get a pull back to the 354.70 level, where would you would see another objective short entry? Also, could you post some NQ and ES charts? Thank you

]]> By: tom99577 https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29552 Sat, 21 Oct 2023 19:21:05 +0000 https://rightsideofthechart.com/?p=212608#comment-29552 Randy, shorts have worked nicely, thx. If you get a chance would you mark up an ES chart?

]]> By: Imadaytr8r https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29549 Fri, 20 Oct 2023 18:27:47 +0000 https://rightsideofthechart.com/?p=212608#comment-29549 Also, you mentioned a 5.5% money market at the end of the video (yes, I watch your entire videos on 1.5 speed ;-) … Anyhow, BKLN, an Invesco Senior Secured Debt ETF is paying an 8.5% Dividend right now. Any problem parking funds in that product vs a 5.5% Money Market? Thanks

]]> By: Imadaytr8r https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29547 Fri, 20 Oct 2023 18:12:29 +0000 https://rightsideofthechart.com/?p=212608#comment-29547 Hey Randy, have any thought on BOIL (NATGAS). My stop at 59 got jumped overnight and sold at the open at 57.90. I don’t have big enough accounts to trade futures. Thanks

]]> By: rsotc https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29545 Fri, 20 Oct 2023 16:51:09 +0000 https://rightsideofthechart.com/?p=212608#comment-29545 In reply to Mikeflegel.

GE is trading below the 107 support although not by a large margin nor an impulsive breakdown so while a case could be made to short it, a break below today’s lows would increase the odds of the trade playing out.

]]> By: jmcolli07 https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29544 Fri, 20 Oct 2023 16:49:35 +0000 https://rightsideofthechart.com/?p=212608#comment-29544 In reply to rsotc.

I asked a few days ago about how you use it in your strategy if you do. Seems people use it different ways and also look at different ones. I would like your thoughts on it’s relevance and how you use it.

]]> By: rsotc https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29543 Fri, 20 Oct 2023 16:49:28 +0000 https://rightsideofthechart.com/?p=212608#comment-29543 In reply to Heinz.

GBTC (Bitcoin Trust) just rallied into key resistance on my daily chart so let me look at the charts of Bitcoin (crypto) & /BRR (futures) as well as Ethereum & I’ll LYK if it looks like time to get short. I have a Dr appt this afternoon so might not happen until next week but pls bump me if I haven’t posted any updates on crypto.

Thx for the article, I’ll check it out asap.

]]> By: rsotc https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29542 Fri, 20 Oct 2023 16:45:52 +0000 https://rightsideofthechart.com/?p=212608#comment-29542 In reply to jmcolli07.

Yes, 353ish is big support on QQQ IMO. What is the question regarding the P/C ratio?

]]> By: Imadaytr8r https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29541 Fri, 20 Oct 2023 16:34:30 +0000 https://rightsideofthechart.com/?p=212608#comment-29541 In reply to shannonp.

SQQQ is how I short QQQ. Also, VXX has worked good this week as well. Good luck!

]]> By: Imadaytr8r https://rightsideofthechart.com/swing-trade-ideas-key-developments-10-20-23/#comment-29540 Fri, 20 Oct 2023 16:31:59 +0000 https://rightsideofthechart.com/?p=212608#comment-29540 In reply to jmcolli07.

Got down to 354.60 a few minutes ago and now it’s just went back above 356. … sitting at the bottom of the downward channel since 373 so it’s going to be interesting. I don’t see anything positive happening over the weekend unless Peace breaks out in the Middle East, we get a House Speaker, or Ronald Reagan returns from the dead to fix everything like he did after Carter!

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