This countertrend rally gives us a perfect spot to come in and trade XLF to the short side. I think the tide is going lower; here is how I will play it.
One of the key signs that this rally was fading was the failure at the major .618 retracements on our futures indexes. Let’s look at where we go from here. Trades include BABA, FB, NFLX, XLC and GOOGL.
Index futures traders and stock traders, you have a lot in common, and here’s how to use that to trade this current environment like a ninja!
If you haven’t seen this chart of TSLA, you are missing out on the next big move.
