Mindful Trader Commentary For June 6, 2022


Hey Guys,


The market came back up some from where it ended on Friday. The S&P 500 is right around 4150 at the time I'm writing this, which means it's still within this same range that we've been hanging out in for the last week (4100-4175).


I haven't taken on any new trades today. There are definitely tickers in the pipeline though. There are more than 60 tickers that meet the uptrend criteria of my main trading strategy, so I'm just waiting for any of them to meet the pullback criteria before entering.


The way you'll know if they meet the pullback criteria is if they come down to the "Potential Entry Price" shown on the watch list. I don't put every ticker from the uptrend scan on my watch list because to me that seems like it would be too much information to digest on a daily basis, so I use the watch list to show just the tickers that are closest to triggering an entry.


If you have any questions or feedback, I'd love to hear from you.


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