Small rally day for SPY as money keeps rotating into oil, small cap and financial names and tech index QQQ stopped at 20 MA.
Couple of volatile day in the market, made for some fun day trading action. Watch list support play SHOP, AAOI worked well.Oil names SM, WLL also had decent rally. AAOI 60 support bounce idea on the dot!
SHOP 50 MA bounce idea , same thing bounced 50 MA .
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