Spring Bonus: Join us for a special trading platform setup class + 6 months of Bulls Vision free

You have Successfully Subscribed!

Bulls on Wall Street: Stop Guessing. Start Trading.

After 3 days of deteriorating action the market, late day bounce on 20 MA , and bulls came out and saved the Market.

Market is oversold enough to support a bounce here. Wild card will be job number on Friday before market opens. Keep in mind indices  is not showing the underlying weakness in many individual names and sectors.Narrow leadership stocks and sectors as market breadth( Number of advancing stocks vs. number of declining stocks) continues to deteriorate. SPY support now 235.74 and resistance at 237.24.Need to hold 20 MA and build over it for continued strength.

If you are struggling with your trading or learn how to trade you need to check out our trading courses. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.
Also if you are interested in our day trade alert services and chat room Check them out here.
Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman
Check out our newest Offering "Bulls Vision" ! A brand new screen share product! See through the eyes of
@kunal00 while he trades live everyday.

CLVS Getting rejected on 20 MA. Should pop if it can get over 20 MA next time.

CNCE High and tight flag. Watching over 17.03 for a pop.

OLED Still on flag formation. Keeping an eye.

DVAX Watching over 6 for a pop.

LABU Bio ETF still the strongest sector. If market holds, this could break out.

LJPC Flag breakout watch, ideally on small red to green move at open.

TELL Oil name, oversold dead cat bounce over 10.

TSLA Needs to hold this support here.

TTD Flagging again. Watching for another breakout.

ZSAN Spec. play. Holding support.Could pop back over 2.50.

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.

Pin It on Pinterest

Share This

Free Trader Handbook

Get our exclusive “Trader Handbook, The Bible for Traders”. With this ebook you will:

       Create your own perfect morning for peak performance

       Learn how to develop your strategy for evaluating a stock

       Learn proper risk management rules when making a trade

       Get access to our daily trading checklist and list of trader jargon

Plus a lot more

trader handbook

Thanks for subscribing!