TG Watkins – A Technical Outlook For Markets; A Perfect 20% Fall But Sell The Rip Is Still The Play

May 16, 2022

TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website joins us to share his technical outlook for the markets. All year markets have been under pressure which has bled over to pretty much every sector. Last Thursday was a bit of a reversal day that started immediately when the S&P was 20% from its highs. While a bounce is due TG outlines why he still has the strategy of selling any market bounces.




Click here to visit TG’s site – Profit Pilot.

    May 16, 2022 16:49 PM

    TG is smart in selling the rallies, at least down to 3100 SPX, at least according to one of the best, David Rosenstein on Macro Voices. Oh, better mention, he has some positive thoughts on Gold………better listen:

    May 16, 2022 16:17 PM

    It’s a bit early to call it but I think we’ve seen the low for the sector and that IPT has seen its low versus SILJ.

      May 16, 2022 16:19 PM

      Good to see your observations, particularly on IPT.

    May 16, 2022 16:48 PM

    The loonie looks good. Notice how the RSI never confirmed a single new low following the August low last year.

    May 16, 2022 16:05 PM

    Gold is off to a good start this week and silver looks better.

    May 16, 2022 16:16 PM

    What does TG stand for?