Swing Trader Alert: $SPY and $QQQ plunge at resistance! What’s next? | $CELH $RELY [video]

swing trading video

The S&P 500 and Nasdaq sold off sharply after running into menancing, new resistance of their 50-day moving averages. In this video, we analyze the market’s recent shift to see where stocks may be headed next.

We’re back with another powerful swing trading video, where we bring you actionable insights to Trade With Confidence.

In our last video, we hit the bullseye! We accurately predicted the bearish reversal at the 50-day MA resistance of the S&P 500 and Nasdaq. The markets unfolded just as we anticipated, with both indexes taking a plunge after hitting that crucial 50-day MA resistance level.

In this episode, we dive deep into the recent market twists, examining the key support and resistance levels of major indices. Consider us your trusted guide through this complex landscape, helping you navigate where stocks may be headed next.

We also put Celsius ($CELH) under the spotlight once again. Remember how we highlighted the potential buy point last week? Well, it retraced to our MTG buy point, then surged back to its all-time high. That’s some impressive trading action right there!

And there’s more on our radar. Say hello to Remitly ($RELY), a top relative strength stock we’re closely watching for a potential pullback swing entry in the near future.

Press HERE to view video directly on YouTube or watch below.

Elevate Your Trading Game with The Wagner Daily PRO

Our Wagner Daily PRO service offers professional swing trade alerts that keep you in the loop on high-potential setups. Ready to seize opportunities with confidence?

Sign up for The Wagner Daily PRO today and take the next step towards trading success.

Join the exclusive MTG tribe in uncovering potential profit opportunities and fine-tuning your trading strategy.

Stay Connected:

Stay Informed:

The post Swing Trader Alert: $SPY and $QQQ plunge at resistance! What’s next? | $CELH $RELY appeared first on Swing Trading Blog | Trading Strategy Articles | Trading Tips.


Swing Trader Alert: $SPY and $QQQ plunge at resistance! What’s next? | $CELH $RELY was first posted on August 27, 2023 at 2:55 am.
©2022 “Swing Trading Strategy | Crypto Signals | Stock Signals’;“. Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at deron2@morpheustrading.com