18 Jun Weekly Stock Market Forecast and Swing Trading Ideas Report

TheMarketAnalysts.Com

SWING TRADING OF 3X ETF’S , STOCKS,  E MINI SP 500 FUTURES,  AND MOMENTUM GROWTH STOCK RESEARCH SERVICES VIA SUBSCRIPTION

Weekly  Stock Market Forecasts, Charts, and Swing Trading Ideas List and Strategies Report

Week of June 19th 2023

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Stock ,ETF , and SP 500 Futures Swing Trading plus Growth Stock Investing options for members

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General Market Summary plus Swing Trade Ideas List: 

Updated Banister Market and Elliott Wave Views on SP 500 and more and weekly swing trade updated ideas list is at bottom of this report

Markets and more:     Interim highs continue

My 4370-4410 zone targets for SP 500 hit this past week.  Now the uptrend could actually extend into the 4500’s but I am working on my next major interim window forecast. I put out the 4370 back in February of this year after we dipped to the 3700’s.  The QQQ ETF I’ve had a 375 target on recently and it’s getting fairly close to where a normal corrrection would ensue.  Longer term 4800 is likely based on the pattern analysis.

Trading Results: 85% plus success rate in 2023 for 3x ETF trading service! Just $40 a month. Stock service hit on SDGR within 48 hours for a big gain and UBER we also took 1/2 position off for profits. EVLV we took 6-8% plus gains last week on the front half of the position.  

ETF service is doing great, we sold out of the last of our SPXL long 300% SP 500 position for 8-11% gains this past week, we are also long TQQQ and FAS. We continue to hit consistent profits this year so far.

Updated Weekly: SP 500

My June 2nd Chart repeated, as we can see we hit the 4370-4410 zone just 2 weeks later from this Weekend June 3rd chart

“SP 500 should extend eventually to 4370-4410 areas, Broke out of 4 month base last week”

  Consider joining my 3x ETF Swing Trading room on Stocktwits, gives you very nice exposure to sector swings based on human behavioral patterns.  Removes single stock risk and gives you a better upside beta and lower risk with your overall trading plans (SRP, 3x ETF, Futures etc)

Consistent trading income in ALL market cycles using Bull or Bear 3x ETF’s and my human behavioral pattern analysis.  Over 85% success rate in 2023!!

Just $40 a month and worth it to add to your stock swing trading

Read up at the3xetftrader.com and join on stocktwits at $40 a month.

Futures service is also on Stocktwits and just $50 a month, huge profits last several weeks.

Members of all the premium services are updated daily on market maps and forecasts and we strategize accordingly.   

In addition to being a member of various services,  you can follow my comments during the week: 

• Twitter @stockreversals
• Stocktwits @stockreversals for daily commentary and or in my subscription services to stay up to speed daily. 
• Follow me on  Linked In as well where I provide periodic updates to professionals

List is updated every Sunday, names removed if they broke out to the upside strongly and or broke down. New names added, many names repeated if still in a bullish pattern. A lot of stocks will pull back harshly right before a big breakout reversal, so be advised

SWING TRADING 101– Click to review my 10 plus keys to profitable and consistent swing trading I’ve used since 2009

6/18/23   SWING LIST UPDATED:  SWING TRADE IDEAS WITH A COMBINATION OF STRONG FUNDAMENTALS AND ATTRACTIVE BEHAVIORAL PATTERN CHARTS COMBINED

NEW FEATURE: CLICK ON SYMBOL TO SEE CHART IMAGE QUICKLY

TGLS RIPPED 17% HIGHER OFF LAST WEEKS LIST ALONG WITH SEVERAL OTHER WINNERS.  INTA WENT FROM 44 TO 49.74 THEN CONSOLIDATED, STILL ATTRACTIVE. DXCM ALSO BROKE OUT OF 8 MONTH BASE BUT STILL ATTRACTIVE. LI ALSO RIPPED 8.4% LAST WEEK OFF THIS LIST.

DT – 2nd week in a row on the list.  4-5 week ascending base pattern near highs. Develops software intelligence platform to allow customers to modernize and automate IT operations 

INTA – 2nd week in row on list, rallied up last week off this list, from 44 to 49.75 then consolidating but still attractive in an 8 week base, could push to highs soon. Provides cloud-based and AI-powered software solutions for the professional and financial services industry.

DXCM – Broke out of the 8 month base last week off this list, still attractive. Develops continuous glucose monitoring systems for ambulatory use by patients with diabetes

DKNG – 7 week consolidation near highs, pulled back last week again.    Operates an online sports platform that enables users to play fantasy games and win cash prizes. 2nd week on list, moved up last week. 

CHDN – 8 week corrective base pullback. Very profitable. Engaged in pari-mutuel horseracing, casino gaming, entertainment, and simulcast feeds of races. Could reverse soon.

PDFS – 11 week consolidation nearing highs. Provides integration engineering services and software for semiconductor companies. 2nd week on list

ASML – 4 week base near highs. Extremely profitable near monopolistic Dutch manufacturer of lithography systems used in the fabrication of integrated circuits.

GLBE – 5 week consolidation nearing multi month breakout. 3rd week in row on list, did run up some off last weekends list, but still attractive. Israel-based Co provides platform that enables global, direct-to-consumer cross-border e-commerce solutions.

FLNC – 2nd week on list, shot up early in week then had some overhead sellers, still attractive… 4 month overall base, not far off highs now. Provides energy storage products, services and digital applications
for renewables and storage applications

ITCI– 9 week overall base now near highs again. Develops small molecule drugs to treat neuropsychiatric and
neurological disorders.

LTH –8 week consolidation near highs. SRP took some recent quick profits but still attractive on the pullback.  Operates health, fitness, and wellness experiences to an individual member. 

FLYW – 5 weeks consolidation , SRP position, within a 11 weeks tight closing base pattern near highs. Likely to move soon. Operates a software Co delivering global payment enablement to education, healthcare, travel and B2B sectors.

FTDR – SRP new position on tw0 weeks ago, still consolidating. 6 weeks tight closings after breaking out of former flat base. Provides home service plans under the brand name HSA, OneGuard, Landmark and American Home Shield.

Read up on my various offerings to take advantage of Bull and Bear cycles in the markets below or at Themarketanalysts.com