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Bulls on Wall Street: Stop Guessing. Start Trading.

Trading Watch List 05.08.2017

SPY finally manged to closed over the range on Friday. After 8 days of super tight range bound action, best day on Friday for SPY. Hopefully it will have a follow  through. Next big resistance at 240.31 and a breakout […]

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Trading Watch List 05.05.2017

Range continues in SPY.8 EMA keeps on getting defended.Still waiting on a move. Meanwhile choppy/sloppy moves on most individual stocks. Earning news related names  giving us some decent trading action. So as long SPY stuck n range we are mostly […]

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Trading Watch List 05.03.2017

SPY stuck in a tight box for over a week now. SPY first support 8 EMA, followed by 50 MA, 236 area and resistance at 239.53. AAPL earning is out after market closed,hopefully this will shake things up a bit. […]

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Trading Watch List 05.01.2017

Market in consolidation mode after rally. SPY first support 8 EMA, 237 followed by 50 MA, 236 area and resistance at 238.93.There are some concerning signs. Small cap IWM showing relative weakness and two big leadership tech stocks AMZN and […]

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Trading Watch List 04.26.2017

Market loved French election outcome and upcoming tax reform news! Back to back gap up and follow through days. Market a bit overbought in short term but momentum is there and as we saw in the past ,it can easily […]

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Trading Watch List 04.24.2017

Momentum fizzled again just when SPY had a promising look to get over 50 MA resistance. Stuck in to congestion for almost two months. Neither bulls or bears just cant get any momentum going. It has been basically buy the […]

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Trading Watch List 04.21.2017

Range bound action continues. Good thing for Bulls, SPY finally closed over 20 and and right at 50 MA resistance. Even with follow through move, SPY will be approaching some congestion zone. Hit and run tactical trading for us, long […]

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Trading Watch List 04.19.2017

Bulls managing to hold key support level on SPY but it also has that bear flag look below 20 and 50 MA. Bulls need to close SPY over that 20 and 50 MA. Doable but lately the bounce had not […]

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Trading Watch list 04.17.2017

Bears finally were able to get the job done ,SPY broke that 50 MA and manged to close below 50 MA for two days in a row. Cautionary tell was there, as i kept on mentioning in blogs,underlying action has […]

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Trading Watch List 04.12.2017

Market  started ugly as SPY broke 50 MA and followed through in the morning. But as always lately , dip buyers showed up and pushed SPY back over 50 MA, mostly due to the relative strength help from small cap […]

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