#MarketTiming – trigger for an up swing…

TREND TRADE: Long from open, 11/9.

SWING TRADE: Long from open, 12/27.

DAY/SCALP TRADE: Long…

PRICE TREND: Up 1 day.

SETUP:

Market breadth turned up Friday before the Christmas weekend giving a renewed timing buy signal for Tuesday’s open.

Easiest play would be the long index 3x-leveraged ETFs – TQQQ, TNA, XIV, UPRO.

The top eight stocks in my newly sorted nifty-fifty list are HIIQ, C, X, BRKS, ACM, JPM, KRO, APOG.  Watching for continued bullishness there and bank stocks also were strong across the board Friday.

Stocks from the list triggering new individuals buy signals were TPC, TBPH, SKYW, DV, MDP.

Expecting a run up for at least the day and likely a swing for much of the week.

But as Trader Vic Sperandeo once said if the market doesn’t do what is expected, it is likely to do the opposite twice a much so am using tight time and price stops for this swing.

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