Once we have a better understanding of where the indexes and volatility will go from here, then we can focus on building a watchlist of individual stocks. I’m still holding my long positions on AMZN, NFLX, and TSLA and took profits in our AAPL trade in the Compounding Growth Mastery this week. The key level we’re focusing on right now is the 21 exponential moving average (EMA).
Watch the video above for a full rundown on the structure of the major indices and which scenario would result in a bullish or bearish trend.
Stay Focused!