Equity Oracle: 11/19/20

TEO 111920

This is a trade setup for the opening of the market on Thursday, Nov. 19th. Our plan is to enter this bearish ETF while the general markets begin to roll over to the downside. This EFT, like most bearish funds, moves inversely to the market with this one targeting the downside on the Russell 2000 Index. Just follow along with my instructions and be sure to use the 1% Rule for Managing Risk.

See link below for Video.

I’ve also attached a PDF file that outlines the technical signals as well as the risk management plan for this position. Please be sure to review all of the material before entering any trades to your account.
Have a great trading day.

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