Can the Market Go Lower?

Can the Market Go Lower?

Stock market update for swing traders.

The stock market broke downward last week and it was no surprise. More downward movement is most likely for this week..

Warning – stocks are risky investments. Consult with a professional advisor and learn about the risks of trading before making a decision involving stocks and other markets.

Stock Market Update | Short Term Swing Traders

Align your trades to the short side (at least for the beginning of the week). Look for weak rallies to find entry as price starts down again.

Look for swing trading signals to be posted to catch these trades as per the rubber band swing trading strategy.

>>Swing trading signals and set -ups are posted here.<<

Stock Market Update | Medium Term Swing Traders

By now you should be stopped out of most long-side trade positions. Avoid growth stocks. A dropping tide lowers all boats.

Stock Market Update | Long Term Swing Traders and Investors

Stock market price continues to trade below the 200-day moving average. Long term traders should avoid stocks. Very long term savers should consider periodic accumulation for dollar cost averaging.