The Shakedown 4/8/18

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Weekly Trading Experts Shake Down Newsletter

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April 8, 2018

The market continued to plunge lower last week on the impending trade war with China, suggesting cash is looking better and better. Wednesday's bounce attempt was sold off Friday and looks poised for lower prices.  If the SPY cannot hold the $258 area, the damage could get pretty serious from there. No telling when the pressure will lay off the market.


INGN has been shrugging off the market's weakness like no other. It seems to need a few more days of consolidation which would only strengthen the setup. 

Trigger: $131

Stops: TBD

Target: $145-150+

Hope to see you in the chat Monday!

1 comment

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