Bulls on Wall Street: Stop Guessing. Start Trading.

Finally some volatility in the market.

SPY broke tat uptrend channel and closed below short term momentum indicator 8 EMA. Will be one of those one/two day sell of and done? We don't know but all eyes will be in 281.22. A break below might try 20 MA. As I wrote in earlier blog, SPY hasn't had a test of short term moving averages in a while.that scenario is playing out. All healthy correction. Many earning and FOMC  tax rate news coming up this week ,so expect some volatility. One day of volatility gave us some nice trades, If you follow me on twitter, SQ, WYNN,WATT.,SHOP, TWTR gave us some nice trades. As a short term active trader, volatility produces great trades than slow grind up.

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BITA Holding 20 MA support. Keeping an eye.

GOOS Setting up well if market holds.

QD Holding breakout are and 50 MA. Could pop back over 14.

SQ Amazing relative strength. Will be watching for a setup below 46.

VTVT 8 breakout watch.

WATT Trend line breakout idea finally went. Could have more back over 20.

WB Holding 20 MA support.Keeping an eye.

WTW Bullish pennant here.Could pop back over 64.50.

SHOP Ideally a dip to 20 MA would be nice but could just get going again.

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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