It’s been a difficult market to swing trade, especially since the S&P 500 (SPX) is stuck in a range. Once SPX breaks to the upside or downside, swing trading might get easier.
Until that happens, I’m shifting to a more day trading approach. I’ll still use the same Big 3 indicator and Big 3 setup but on the 30-minute, 1-hour, 15-minute, and 5-minute time frames. This way, we can find more opportunities while the market stays “in a box.”
When day trading, the speed that setups will unfold will be shorter. Instead of taking a few days or weeks, we’ll know if the setup works in a few minutes or a few hours.
In the video above, I’ll review the overall market conditions and a potential setup on Microsoft (MSFT) using the Big 3 indicator. I’ll also share my watchlist this week and how I’m adjusting my trades to day trade on lower timeframes.
Stay Focused!
