Selasa, 27 September 2022

The Market Is Dangerously Oversold… Find Out Which Stocks Will Lead Higher!

Plus, Dollar Domination Continues
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This beta test group won 100% of its trades…
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  • What's been causing U.S. stocks to slide last few sessions?
  • Market is dangerously oversold. These 3 sectors show the most stability!
  • The top stock I hate right now… And the one you've got to watch!

Click Here To Watch Now!

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My pivot number today on the ES (S&P 500 futures) is 3705.

Resistance is up at 3765 and support at 3660.

We saw a turnaround overnight in Asia which has moved the ES up quite a bit to 3718.

The risk of overnight trading and the risk involved doesn't do us any favors. I'm thinking over some strategies on how to counteract this risk with an orderly approach.

Short-term trading is still the way to go but be patient and don't get sucked into an early pop only to be buying at the high of the day.

Click here for today's Pre-Market Planner Numbers.

And get today's TBUZ TV right here.

~ TBUZ

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With only four trading days left in September, take a look at oversold price levels and begin making a plan for October, a seasonally strong month coming right after the seasonally weakest month of the year.

This Weekly chart of the S&P futures shows we are oversold for the month and at support areas.

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The dollar continues its relentless surge, mostly at the expense of the British Pound.

Watch the video right here.

► Today we're closing our position on DGZ. If you took that play a couple of weeks ago, sell it and celebrate! (and if you didn't, consider joining us right here)

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Kind words from our best students:

"Sold the remaining portion of the MSFT position for 1.44 from the 1.11 entry this morning. Overall had a 24% gain. Another good trade."

Gary S., a premium subscriber to Tom Busby

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.

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