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Swing Trader Pro: Afternoon Briefing (12-20-2022)

December 20, 2022

From the Desk of Kimmy Sokoloff

We saw a decent snapback in the market early today then a late-morning fade.

This $SPX 3,800 level is support for now.

Here are today’s trades:

  • I bought $AAPL on Dec. 19 at 132.97 and 131.40 and sold today at 133.
  • I bought $BA at 188.36 and sold at 189.38.
  • I bought $VLO at 121.18 and sold at 121.70.
  • I called out $X again at 25.10 for a target of 25.64, and I called out $TQQQ at 18 for a bounce to 18.40 or so. Both of those targets were met.

I have open long positions in $IWM, $SHOP, and $ARKK. And I have open short positions in $CLX, $MCD, and $WYNN.

The next level down for the SPX is 3,786. Resistance is 3,850.

Look for the Morning Briefing on Wednesday.

And please reach out with any questions.

All Star Charts Team