Housing data is not looking well and usually has lag time. We still maintain that our main trading strategy relies heavy on reward to risk ratio's and this on with a 2.27 makes it an appealing trade at these levels.
We have caught wins on this name previously. Here we see a decent position to take again with an excellent Ratio of 4.37. This looks to be one of our foundational holdings in the current Market environment.
We still have a faily bearish outlook on Travel and Leisure. This looks like a good spot to go short again on CCL. Chart looks good with good Ratio Bearish outlook still on market.
A small position is suggested due to our stance on Healthcare being bullish and also the R isn't quite at 2.00 as of yet.
Chart looks good with good Ratio. Remember we still have an overall Bearish outlook on the market. Keep an eye on the support placed there based on the Weekly TF.
We have re-entered on a previous position that worked out properly. This time the ratio is 2.57. Although it's above the MAs we believe the overall move is to the downside and the current price provides great risk reward.
TSLA has been a great play to the downside. With our reward vs risk ratio being the most important part of our trading strategy, we look to jump back in with a 2.84.
There is a lot of conviction in this dollar trade via UUP and we still believe that once companies start reporting in the next quarter we will see the true nature of this bear market. Hold UUP as a key core foundational position with this ratio.
We've been bearish on YETI even before tough economic times. The chart setup looks good to go short once again.
Even though we are slightly bullish on healthcare, the overall bull market is not over and this is a name that's showing a decent ratio on the downside.
There's a lot of names being exposed during the current Crypto blowup. This is one of those names that those on the long side need to stay away from.
This was one of the hardest to pull the trigger on since we know for the very long term this is one of the tech leaders that will do very well. We trade the daily charts with a stoploss so shorting NVDA here is a decent play for now.
This is a good spot for us to jump in on a KNX short again. ratio looks decent. smaller position is recommended since we are a little late and the bearish candle is huge
Emerging markets headed up to a technical resistance and provides a good ratio to go short.
We've been bearish on PLUG even in the bull market. Given the current outlook for economic conditions this is probably one of the safest shorts.
One of the few bullish ideas available right now, MCD has a great pairing with our short SG.
Predicting a peak for the run-up on sweet greens. We are advising a pair with MCD as consumer staples are favorable for the coming months.
Energy demand is lower than it's been at previous highs. One of the few "counter trend" as it may be called even though we are using the 180 MA as a resistance.