Swing Trader Pro: Afternoon Briefing (11-02-2022)

JC Parets
November 2, 2022

From the Desk of Kimmy Sokoloff

That was a roller-coaster ride, and a wild one.

After the FOMC meeting the markets took a dive, just like last meeting.

Here are today’s trades:

  • I bought $NVDA at 139.46 and sold at 141.

I also called out $MSFT short at 227.33 in the morning note and in the trading room. The target was 226.06, and it kept going lower.

I booked one loser today:

  • I bought $ABNB at 99.95 and sold at 99.50.

The indices were down over 2% today. We've broken major support levels. The next support is $SPX 3,757, then 3,736.

Now, where do we go from here?

This is the type of market you need to take one day at a time.

We'll see you live tomorrow's open to start the trading day.

And please reach out with any questions.

All Star Charts Team

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