I’ve written several times about a breadth model that I use as a green/red light signal for short-term swing trading.

#1 You Need This To Be Consistent In Short-Term Trading.

#2 It’s Time To Take Advantage

The market made a huge move after the election. However, intraday on 11/12, we had a negative breadth flip.

Here is the real-time audible.

$SPY chart 11/12/2024, 11:15 AM

I don’t trade much, if at all, when breadth flips negative.

However, there were some opportunities on some inverse ETFs that were short-term extended and offered good risk-reward opportunities: $MSTZ, $SOXS, $SARK, and $FNGD.

Click on the trades.

$MSTZ entry $1.60, high print sale +25%  one day.

$SARK entry $17.15, high print sale +8.8%, one day. 

$FNGD entry $16.37, high print sale +10%, two days.

$SOXS entry 19.36, high print sale +15%.

When breadth flips back to positive, that’s when the real fun starts.

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