DP TRADING ROOM: Find Shorts Using the Diamond Dog Scan
Today Erin shared her Diamond Dog Scan that she uses to find shorting opportunities. She was able to uncover five possible shorts. She discusses each chart and let's you know what she looks for in a good short.
Carl did the market overview with special attention paid to Silver and Gold as well as Gold Miners. He covered current DecisionPoint signals and walked us through the Magnificent Seven stocks.
Semiconductors were a favorite among the symbol requests that Erin analyzed at the end of the program.
01:13 DecisionPoint Signal Tables
03:44 Market Overview with Carl
13:02 Magnificent Seven
17:45 Sector Analysis
23:12 Diamond Dog Scan
35:39 Symbol Requests
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Technical Analysis is a windsock, not a crystal ball. --Carl Swenlin(c) Copyright 2024 DecisionPoint.com
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.
Helpful DecisionPoint Links:
Price Momentum Oscillator (PMO)
Swenlin Trading Oscillators (STO-B and STO-V)
