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Trade The Charts: S&P 500 Attacking Key Level

Investors need to trade the charts. If you can shut down emotion and just trade the charts you can profit in bull and bear markets. Emotion is the great profit killer. To put it to use, let’s look at the current S&P tracking ETF (SPY). We are currently attacking the $263.00, the same highs we knocked up against a week-plus ago. The last time the S&P traded into this level, it failed. This tells investors and traders that if the $SPY can close above $263.00, it will have broken out. The upside is likely to $274.00 as a minimum, this is a key gap fill. I even think the SPY could push through to the 50% Fibonacci retrace level at $280.00.

By using the charts, you can position your portfolio for these monster moves that will likely take place in just days. The gains that members have seen just compound how key using the charts are. Trade the charts and profit for life.

A net gain of 678% through April 2nd, 2020 is a reality for members of Verified Investing Alerts. For investors who are sick of losing money as the markets collapse due to the COVID-19, this is the key. Swing trading off technical levels allows smart investors to jump in at key levels and out for 10%+ gains in days. Master Trader Gareth Soloway has guided his members, actively swing trading stocks using key technical levels to multiple profits of 10% almost every day. With the action these days, members get multiple trades a day. See the VERIFIED track record HERE (scroll down on the page). Members get exact entry prices, stops, targets and daily videos that analyze the market, stock and current positions. The second Master Trader Gareth Soloway buys/sells a stock, members get a text/email alert to get them in/out of the trade in seconds. Join today and profit for life!