Ugly sell off in the Market as SPY finally lost short term momentum indicator 8 and 20 day moving average.
Next support is 50 MA and 100 MA area , after that 202 another support. Leader names like AMZN , GOOG, FB are in do or die territory. If they do not bounce here, we might more weakness on them . Slim watch list for Friday, i will be watching some strong names to see how they act after 2 days of sell offs.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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