Last Saturday, I posted the strongest setups on our watchlist, and the analysis continues to prove its worth by delivering solid results. My bearish setups for SPX and DIA continue to play out, with weekly declines of -1.1% 🎯 and -1.8% 🎯 respectively. Remember: staying bearish on the indices does not mean there are no bullish setups in the market. The bullish opportunities highlighted last Saturday for META, AMD, and VXX continue gaining traction with weekly gains of +6% 🎯, +9% 🎯, and +3% 🎯 so far.
Yesterday, I started a series of educational guides on how to navigate these setups. We studied how the Setups Blueprint posted every weekend works regarding the information it contains, such as price targets based on modeled levels where institutional algorithms react, invalidation levels, risk-to-reward ratios, and criteria for setting stop losses. In case you missed it, the publication is here:
Today, we will continue this series for managing high-probability setups by covering entry points, actions to take when a target is reached, how to read price action, and trailing stops.
When you subscribe to the paid plan, you unlock all the content at SmartReversals.com, including the setups blueprint and the support and resistance levels for the week in play, all the market intelligence and educational library that includes special technical studies and fundamental analyses. The Market Intelligence has my two ebooks on Technical Analysis available for paid subscribers.
Today’s Agenda
Managing High-Probability Setups: AMD, META, SPX, DIA, SPCX, AVGO and more.
Watchlist Tracker
Daily plan for SPX and ES=F with Combined Levels
The watchlist tracker is a new feature that helps map price action for every ticker in our watchlist effectively, looping when a ticker is overperforming or underperforming during the week. The tracker includes key individual levels.
Let’s begin.