In this video, Raghee walks through the bullish relative outperformers that are the main focus for long positions in the current environment. As long as the path of least resistance is higher, prioritize the long side.
That means the bullish narrative is looking clearer, especially now that the technical picture is confirming strength. Here is the outlook on crude as well as crude oil stocks.
So much of trading is focusing on the names that will follow-through, and trends are the key. In this case, understanding the larger sector/index (the tide) and the individual boats (stocks). Get the watchlist building right and trade setups become much easier. Follow the trends, and follow-through becomes more predictable. Here’s a thorough look at the current bullish watchlist.
So much of trading is focusing on the names that will follow-through, and trends are the key. In this case, understanding the larger sector/index (the tide) and the individual boats (stocks). Get the watchlist building right and trade setups become much easier. Follow the trends, and follow-through becomes more predictable. Here’s a thorough look at the current bullish watchlist.
Although Friday’s move was strong, I’m looking at downside targets on these stocks.
One of the many tools I make available free to Simpler Futures members are the multicharts and trade flags layout. This allows traders to see relative performance accurately at-a-glance. In this case, a great pullback buy was captured by members, and here’s the anatomy of the trade.
