“Keys To The Swing Trading Kingdom”

And then my kid said to me “you’re not giving signals, dad, you’re giving reassurance the signals work.” Okay…

The stock market only goes up or it goes down. It is amazing how difficult it is to recognize that simplicity.

9/23/2021

Nifty50StockList context: Bullish market context.

$NYMO: Buy.

$NYSI: Buy, new.

(See Signal Explanations below.)

SO WHAT NOW?

The Nifty50StockList has set a bullish context. There were 42 stocks on sells Monday, 31 on sells Tuesday.

The NYMO turned up today, although still in negative territory, which is a buy for aggressive swing traders.

The NYSI has now turned positive, which is the usual pattern, first the NYMO then the NYSI to confirm a longer-term up move.

EASY ETFs IN PLAY:

All ten of the leveraged ETFs I follow are up from the open today (9/22) on the NYMO’s agressive swing trade signal.

Added TQQQ, 3x-leveraged ETF for the Nasdaq, which is often the standard bearer for this swing-trading strategy, to the panel below.

For a reference see this earlier posting:

“It’s easier to play the swings with leveraged ETFs”