Swing Trader Pro: Afternoon Briefing (02-21-2023)

JC Parets
February 21, 2023

From the Desk of Kimmy Sokoloff

The $SPX was down more than 1.5% today, but it was a slow and steady grind lower.

I didn't trade much today, as I want to wait for the right setup.

Here's today’s trade:

  • I bought $META at 176.35 and sold at 177.35.

I did two other trades, one where I made four cents, another where I made a penny. They weren't moving, so I moved out of the way. 

I have an open short position in $NKE and open long positions in $HES, $MARA, $AMZN, and $GOOGL.

The SPX tagged the 4K level, and there's potential to see 3,950.

We are becoming oversold, so we could see a bounce this week.

Look for the Morning Briefing on Wednesday.

And please reach out with any questions.

All Star Charts Team

Filed Under: