Warren Bevan | TalkMarkets | Page 12
Full Time Swing Trader/Technical Analyst
Contributor's Links: Wizzen Trading
Warren Bevan is a renowned trader who’s honed his craft over the years learning the styles and techniques of Jesse Livermore, William O’Neil and Dan Zanger and forming his own unique style. He focuses on making money and going hard when the right markets present themselves and during ...more

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Breakout Weakening But We’re Holding Up For Now
We saw the breakout weaken today but things still look fine.
Stocks Are On The Move
A bit of a quiet day for some but the breakouts are holding and markets are acting great with some stocks set to further push us higher with new breakouts coming.
Breakouts
Stocks showed the breakout finally today that the charts were showing was coming and now we’re off to the races.
Good Action As We Are Set To Now Move Higher
SPY is resting very well and we should really get going this week and see our winners really accelerate higher.
Strong Closes
A strong close Friday for stocks is what we wanted to see and tells me we remain setup for a breakout higher, but if not, it doesn’t take long to exit my positions. We look good for higher and have a neutral reading in terms of overbought/oversold.
More Great Basing
Stocks continue to really setup well and there are just too many to buy in the weeks ahead so I’m focusing on the best of the best, as always.
We’re Off To The Races
Friday was a quad witching day and began with some wild heavy, heavy, volume swings but in the end, it was just noise. Stocks and markets are acting great and look to
Great Market Action This St. Patrick's Day
Markets and stocks are strong today and acting as they should.
Still Waiting On The Fed
More resting action today as we continue to wait for the Fed to likely do nothing Wednesday afternoon, after-which stocks should move nicely higher.
Waiting On The Fed
We may see some quiet action until the Fed release later this week but chances of them raising rates are slim to none so we should be fine to move higher from here.
Working Off Overbought & Setting Up For Higher Prices
The action is great for basing and working off the very oversold conditions we had and we are so far shaping up for some good buys in the next week or two, finally.
Backing Off Overbought
Great action from SPY and stocks finally as they are now resting and moving a bit lower and finally working off overbought readings.
No Profit Taking
We didn’t see much profit taking Friday into the close, which is a bit odd since we remain so overbought, but selling just has not taken hold yet.
We’re Off To The Races
Friday was a quad witching day and began with some wild heavy, heavy, volume swings but in the end, it was just noise. Stocks and markets are acting great and look to have more upside in the week to come.
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