Green day after three days of volatility. Key would be a follow through going forward. SPY stalled at 8/20 MA. Needs remount both 8/20 MA to start the healing process. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Get started on the right path to trading success. Get access to …
The bounce is here, but does it have staying power? That’s the big question after a 3 day free fall to support that was preceded by a historic six month bullish momentum run. As we expected, the market is trying hard to bounce off converging support levels, namely, price action and the 50 day moving …
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