Updates for QQQ, SPY, TECS, XLK, SOXX & SOXL

Lots to cover today so I'm going to try to wrap up some of the more significant recent technical developments in this one update. Starting with the SPY & QQQ, both are experiencing impulsive selling so far today following the recent breakdown & back-test of this bearish rising wedge pattern which helps to validate the [...]

TECS XLK Trade Update

I received the following question regarding the TECS / XLK Active Swing Trade: "Randy what are your thoughts on the official TECS trade at this point? If we see that last thrust up in the market next week, that will most likely trigger the stop on TECS as we are quite close to it already. [...]

May 9, 2017 10:20am|Categories: Completed Trades - Short|Tags: , |Comments Off on TECS XLK Trade Update

TECS XLK Trade Setup & Entry

The following notes & charts outline the entry criteria, price targets, suggested stop & beta-adjusted position sizing for a swing trade on TECS (3x Bearish Technology Sector ETF) and/or XLK (1x non-leveraged Technology sector ETF).

Mar 29, 2017 12:39pm|Categories: Completed Trades - Short|Tags: , |Comments Off on TECS XLK Trade Setup & Entry