Pull back in the market an SPY closed right on both 50 and 20 MA.

spy
SPY stuck back in range. Bulls might to try a bounce here if not next support is on that good old 100 MA and bottom of the range. We keep on trading the range, short ideas from previous blog, INSY,HRTX DKSX worked well from top of the range. SHAK worked a bit from bottom of the range. Summer , rinse and repeat trading environment out there. This volatility withing working well for short term trades so far.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.
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CYBR Holding 20 EMA so far. Could get a pop over 70/70.25.
CYBR Holding 20 EMA so far. Could get a pop over 70/70.25.

dskx

FEYE 20 MA being defended , Could get a pop if that holds.
FEYE 20 MA being defended , Could get a pop if that holds.
HRTX Finally has a bearish engulfing candle. Stock hasn’t  been below 9 EMA since the run up started. Keeping an eye for more downside.
HRTX Finally has a bearish engulfing candle. Stock hasn’t been below 9 EMA since the run up started. Keeping an eye for more downside.
INSY Our short from last post worked well. Twitted this one for a support bounce play. Now watching  for continuation  bounce. Ideally a red to green type move at open.
INSY Our short from last post worked well. Twitted this one for a support bounce play. Now watching for continuation bounce. Ideally a red to green type move at open.
SGYP Tight pennant setting up here if 8 holds. Keeping an eye.
SGYP Tight pennant setting up here if 8 holds. Keeping an eye.
ZIOP Range breakout watch over 12.50.
ZIOP Range breakout watch over 12.50.

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