The stock market health indicators are in not great shape. Maintaining a cautious stance on the long side.
Bitcoin broke below its range. Waiting to see how the next bounces acts. If the bounces stays below the prior range and rollows over the downside (possible short entry) that is bearish.
Gold in an uptrend, with gold stocks lagging but still moving decently. Currently in a pullback. If they start to turn higher, that could be favorable for longs.
Read the full outlook and see the charts here:
tradethatswing.com/swing-trading-stock-market-outl…
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Cory Mitchell, CMT
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Cory Mitchell Trading