Elite Swing Trades

[SwingKing]

Good Afternoon Gentlemen, going to spend a couple of hours doing chart work and thought I'd let you all know I'm online. There's a ton of plays that look good right now but I have to say the ES and SPX look or could look exceptionally bearish depending on how you want to take the chart. So with that I'd be cautious of carry longs once we start the next leg lower. Now please understand what I'm saying here, yes I think a correction is near and yes I think the markets have a bearish tilt but I still can't be sure we have a top yet. We're close to breaking down but we're at support which could mean we bounce and continue higher before we start lower. So wait I'm saying is now is not the time to be wide open looking higher without regard for what could turn into a nightmare for those thinking move lower is out of the question. There's a time to load and hold for higher prices but right now is not that time IMO. More to follow.