Bulls on Wall Street: Stop Guessing. Start Trading.

Happy new years to all! Some volatility on the last day of the year.

SPY finally closed below short term support 8 EMA after multiple tap. Next obvious support on 20 MA followed by 267 area. Slim picking as far as watch list.Not sure if its just another garden variety pullback due to tax selling, end of the year position sizing by big funds etc. or start of a prolonged correction. I'll be mostly focusing in index shorts if market continues to weaken until clearer picture emerges.

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AA Strong run on this . Could use some pull. Watching for a quick short play.

FB Relative weakness continues in big tech names. Short watch if market weakens.

FCX Strong run on this . Could use some pull. Watching for a quick short play.

JUNO Bear flag shaping up here. Short watch if market weakens.

LX New stock. See if this can go for flag breakout.

NVDA Bear flag shaping up here. Short watch if market weakens.

NVDA Bear flag shaping up here. Short watch if market weakens.

RIOT Blockchain name.Narrow candles. Watching for a move either way.

TNA Small cap ETF. Will be watching for a short, ideally on small green to red move.

UVXY If market weakens. This could get quick spike up.

XNET Blockchain name. Holding up really well. Keeping an eye.

About szaman

Sayed is a veteran of the stock market, receiving acclaim for his hot stock watchlists. He trades in the Bulls room and blogs for the site, sharing his watchlist and market analysis daily.

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