Range still holding on SPY as that 112.30 support zone caught a bounce again.
Hopefully we will see a continuation to top of that range ,50 MA ,217 area. A break below that 112.30 should see some weakness. Range bound trading strategy as long we are in the range via buy low, sell high within range. Watch list ideas ACIA , AMZN gave some decent trading opportunity. Overall , decent trading action in individuals stocks and i am seeing some nice setups if market stays within the range.Our 60 day trading bootcamp starting September 20th!. 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 day trade alert services and chat room 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.