Year-End Alert! Major Bitcoin Move
Hi everyone and welcome to the Yellow Tunnel community, an aggressive short-term trading service dedicated to all classes of traders seeking to elevate their trading skills, market awareness and trading profits.
The Santa Claus rally has officially begun. By definition, it includes the last five trading days of December and the first two trading days of January. How appropriate. It ends the same day as the Georgia Senate runoff election. Talk about putting a cherry on the sundae. Given the extreme rallies in recent IPOs, solar, fuel cell, cyber, EV, work-at-home, e-commerce and digital payments, there is some real froth in the market.
At the same time, there is some healthy rotation into the banks, industrials, materials, and re-opening sectors that is maintaining the bullish integrity to the rally. As long as the market has a chance to consolidate the sky-high P/E sectors while money flows into value sectors, any corrections will be minimized to just a few percentage points.
NEW WEEKLY POWER TRADER SERVICE
We recently launched our new Weekly Power Trader service that we at Yellow Tunnel are very excited about. Each week on Sunday, our expert traders use our AI Tools to provide the Top Bullish and Bearish Stocks, each with an Entry Price, Target Profit, and Stop Loss.
Also, note that the Weekly Power Trader signals are meant to last for 5-10 days as long as the vector confirms the same direction as the original pick, for stocks we use a target gain of 2% and stop as 2% of the stock price.
Signals have averaged over 75% accuracy in my live trading since inception. Sometimes we hold position 2-5 days by using options (selling OTM BULLISH PUT spread) and targeting 1% target gain and 1% stop loss using stock price. Green color should be interpreted as a bullish signal and Red color as a bearish signal.
CURRENT TRADING LANDSCAPE
The SPY trades along with its 20-day moving average with the $364 level as the key support level short term. Bank stocks rose up this week to bring new upside momentum. As long as the SPY is trading above the $364 level, the SPY will continue to make incremental gains and can reach the $375-$385 level by the end of this year.
The U.S. Dollar ($DXY) is retreating back down to the recent low, where if the 90.0 support level is taken out, a move to 88.0 will result purely on technically-induced sell programs, which will indeed push dollar currency alternatives higher.
As for the big picture regarding the primary bull trend, my opinion has not changed. The bull market has resumed its rally and will continue to make new highs into the first week of January.
I would be a buyer using any short-term corrections and use dollar-cost averaging strategy to accumulate positions at this level. If you are trading options consider selling premium with February and March expiration dates. Based on our models, the market (SPY) will trade in the range between $350 and $385 for the next 4 weeks.
"BUY" signal based on the Aggressive Power Trader Portfolio for tomorrow is at $364 level using SPY and "SELL" signal is at $368 for short-term traders.
How To Use Our Signals
Once you become a member, I encourage you to review our Live Trading Room recordings to see how I trade Aggressive Power Trader signals in my account. A snapshot of how we produce our Live Trading Room Sessions shows how we pack in a lot of information that can be accessed from whatever device your driving.
As a reminder, consider buying near the "BUY" level with a "10 days prediction" higher than the close price. In our live trading room, I usually hold a position for 1-2 days.
I allocate less than 5% of my portfolio if the position is being held overnight. On average, less than 1% of the portfolio should be at risk, if you own a position for less than one day.
I enter a position at the predicted LOW (BUY) price or yesterday's close price. My stop loss is 1% and my target gain is 1% of the stock price. I target 75% accuracy using these signals.
Few subscribers asked about Options trading using the signals provided. Please review live trading room recordings. I often sell OTM credit put spread using weekly options and collect 0.5% using stock price. For example, if the stock is trading at $100, I would sell OTM put (strike less than 100) with option BID price close to $0.5.
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