Swing Trader Pro: Afternoon Briefing (08-24-2023)

JC Parets
August 24, 2023

From the Desk of Kimmy Sokoloff

It was a steady decline most of the day.

We hit resistance on the indices, and they all reversed.

Here are today’s trades:

  • I shorted $LLY at 554.30 and covered at 553.30.
  • I bought $MMM at 99.95 and sold at 100.48.
  • I shorted $LULU at 369.50 and covered at 369.

I also called out an $NVDA long setup at 485 for a bounce to 490, then I called out a short below 480 to 475.

I have open long positions in $VXX and $TGT and open short positions in $QQQ, $KLAC, and $NFLX.

Have a great evening. Look for the Morning Briefing on Friday.

And please reach out with any questions.

All Star Charts Team

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