Rabu, 28 September 2022

Is A Market Bottom Here? (why shorting might not be a good idea)

Why Italy's election could spell trouble for the Eurozone (and your portfolio)
image

As markets sink lower and lower…
The Fed prepares to release GDP data tomorrow.
Join Ask The Pros for a special FLASH MEETING at 10:30am Eastern.

image
image
  • Small caps to lead the rally? (Why I'm focusing on small caps)
  • What needs to happen for markets to bottom out
  • Why shorting may not be the best idea right now!
  • Top stocks to buy right now!

Click here to watch now!

image

The market went down last night and made a new low last night around 3610-3613.

My pivot number today on the ES (S&P 500 futures) is 3670.

Resistance is up at 3730 and support at 3610.

The market looks weak. Sentiment is at its worst time since 2007 which means everyone is calling for a bounce in the market, and that wouldn't bother me at all.

Remember, in bear markets you will get bounces and relief rallies but this trend is not over and I believe in using the relief rallies to sell at higher prices when we are in a trend like this.

My projection to the downside right now is 3550. If we get there I will update the numbers again.

Stay tuned in as I may call a Flash Meeting as needed.

Get today's Pre-Market Planner Numbers here.

And watch today's 2 minute TBUZ TV market update right here, complete with support, resistance and an update on Apple.

~ TBUZ

image
image

When you're war-gaming for how geopolitical events will affect your portfolio

You'll need to plan for how Italy's recent rightward shift raises the possibility of just 2 paths for the Eurozone: totalitarianism or breakup.

► On a positive note, it's been a while since we've gone long ANYTHING… Today's pick changes that: We're going long gold with a play on UGL.

Watch the video for details.

image

Kind words from our best students:

(after closing an S&P short play for 108% gain)

"Thank you very much, Don! So glad to be in your program. :)"

Weibin W., a premium subscriber to Don Yocham's 21st Century Wealth Society

RISK DISCLAIMER There is a very high degree of risk involved in trading. InvestPub and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

Unsubscribe

DTI Trader
1555 University Blvd S
Mobile, Alabama 36609
United States
(251) 652-1555

Tidak ada komentar:

Posting Komentar