Today's Trading Plan: Finding A Direction

By Ryan Mallory of SharePlanner
Tuesday, August 23, 2016 10:28 AM EDT

Technical Outlook:

My Trades:

  • Added a long trade to the portfolio yesterday: HUN at $16.72. 
  • Closed BIDU yesterday at $173.94 for a 0.5% loss. 
  • May add 1-2 new swing-trades to the portfolio today. 
  • Will consider adding additional short positions to the portfolio as the market warrants it.
  • Currently 50% Long / 20% Short / 30% Cash

Chart for SPX:

SP 500 Market Analysis 8-23-16

Disclosure: None.

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