Stock trading is dangerous: You can get trampled by a bull, or get mauled by a bear. It always pays to be safe, and a trader who trades cautiously is a life lived long. For those of us who walk the cautious road and avoid the two lethal emotions of greed and fear--wherever possible, trading should be more or less safe. Right?
Not in the slightest. See, it turns out that even past market action and support levels can be as dangerous as any bull stampede or bear attack, and you can just as easily kill yourself not looking at the right support level or pivot point as you could playing Russian roulette.
For master stock traders, it is crystal clear at what price levels the stock market will reverse on the DOW, NASDAQ, and S&P 500.
In my new short video I will tell you the three price levels that I think will reverse this market.
Right now the trend is up for all the indices and you should only become negative on these markets should the three levels I show you break.
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Stock Quotes
| NASDAQ | 2847.21 | |||||||
| S&P 500 | 1315.99 | |||||||
| ^RUT | 764.64 | |||||||
| TVIX | 8.72 | |||||||
| FCEL | 1.02 | |||||||
Stocks Above I Currently Hold In My Own Trading Account: TVIX, FCEL
Major U.S. Indices and
Guerilla Top Picks
Guerilla Top Picks
Guerilla Trader Quote
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
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