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Swing Trader Pro: Afternoon Briefing (11-29-2022)

November 29, 2022

From the Desk of Kimmy Sokoloff

Overall, the market acted weak today.

The $SPX remained below its eight-day moving average, which is at 3,972. This index came close to touching support at 3,933.

Here are today’s trades:

  • I bought $ROKU at 52.28 and sold at 52.62.
  • I shorted $SHOP at 38.50 and covered at 38.

I booked one loser:

  • I bought $SQ at 63.50 and sold at 61.76.

I have two open positions, an $XOM long and an $SQQQ long.

Fed Chair Jerome Powell speaks tomorrow, so anything goes.

Look for the Morning Briefing on Wednesday.

And please reach out with any questions.

All Star Charts Team