Range bound action in market as SPY having difficulty breaking out of the trend line and 20/50 MA.

spy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SPY, bullish trend will start over 207 and with support at 204.50. Chop zone in between. A break below 204.50 will confirm bear flag breakdown and should bring some weakness.If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. 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 trade alert services and chat room , take a free trial! Check them out here.
Follow me on Twitter @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.

ARQL Tight range. Looking for direction either way.
ARQL Tight range. Looking for direction either way.
CEMP Range bound bear flag action. Needs to hold 34 for now.
CEMP Range bound bear flag action. Needs to hold 34 for now.
CORT Flagging. Keeping an eye for direction.
CORT Flagging. Keeping an eye for direction.
 FOLD Tight range. Looking for direction either way.

FOLD Tight range. Looking for direction either way.
GWPH Having issues with clearing trend line. Looking for direction either way.
GWPH Having issues with clearing trend line. Looking for direction either way.
 HLF Coiling pattern. Watching for direction.

HLF Coiling pattern. Watching for direction.
NYMX Parabolic short watch ideally needs one more push.
NYMX Parabolic short watch ideally needs one more push.
OVAS Bounce watch from last post, we finally got our bounce, no looking for continuation up. Might have another pop if 35 holds.
OVAS Bounce watch from last post, we finally got our bounce, no looking for continuation up. Might have another pop if 35 holds.
SCMP Bear flag at resistance. Watching for a short setup.
SCMP Bear flag at resistance. Watching for a short setup.
 VBLT Holding resistance and 20 MA. Could get a pop with volume.

VBLT Holding resistance and 20 MA. Could get a pop with volume.
VSLR Coiling pattern. Watching over 12.40 for a pop.
VSLR Coiling pattern. Watching over 12.40 for a pop.
WBAI Watching for a trend line break out.
WBAI Watching for a trend line break out.

Share:

Facebook
Twitter
Pinterest
LinkedIn

Stop Guessing.
Start Trading.

Secured Checkout Providers

Don’t Miss Out

Pre-Market Live-stream

Tuesday’s and Thursday’s at
9:00 AM EST.

Connect With Us…