Trading Watch List 05.11.2016
Nice rally day in the market after SPY 50 MA test. SPY now back over all important both 8 and 20 MA short term momentum moving. Bulls are in control as long 50 MA holds now. Decent bounce …
szaman
Trading Watch List 05.09.2016
SPY finally tested the 50 MA after breaking below all important both 8 and 20 MA short term momentum moving averages as we have been discussing last few blogs. Bounce continuation is a possibility here , however now …
Trading Watch List 05.04.2016
Range bound action in SPY. SPY sitting below that all important both 8 and 20 MA short term momentum moving averages. A break below 205.28 could test the 50 MA 203.75.204 area.Finally we saw some air off the oil,metal …
Trading Watch List 05.02.2016
Sell off in the market after SPY broke down both 8 and 20 MA short term momentum support. SPY filled the gap, if doesn’t hold , next support 50 MA 203 zone. However, market specially technology stocks are oversold. …
Trading Watch List 04.27.2016
Range bound action on SPY. Market seems to be in wait and see mode for this week’s big earnings and FOMC on Wednesday.Tight small range makes day trading a somewhat tricky as you need stay withing range and trade …
Trading Watch List 04.24.2016
SPY back over short term momentum indicator 8 EMA. Impressive action in overall market, sector rotation mode still in full force as we saw on Friday, flat fay on SPY , Technology .QQQ had a red day but small …