Trading Watch List 04.22.16
Pullback day in the market after slow grinding up action. SPY closed above short term momentum indicator 8 EMA but a test to 20 MA might be coming up. Some strength in biotech names Thursday while commodity names took …
szaman
Trading Watch List 04.20.2015
Slow grind continues in the market. We have some decent sector rotation happening. Some of the high beta tech names had volatile action and ended red for the day , however, gold,oil, metal names keeps on rallying. It is …
Trading Watch List 04.18.2016
Slow grind up action in the market over 8 and 20 MA. SPY basically in a major congestion resistance zone with short term support at gap fill 206 and then 20 MA.Game plan has been buy dip and sell/short …
Trading Watch List 04.11.2016
Range bound action continues in the market. As i have been writing, we have a range bound market with 20 and 200 MA support and 207.14 as resistance. So game plan has been buy dip and sell/short high.Some great …
Trading Watch List 04.08.2016
Sell off day on top the range as SPY gave up Wednesday gains and some. This time around SPY closed below both 20 and 8 day moving averages. As i wrote in the last post, we might have a …
Trading Watch List 04.06.2016
Moderate sell of in the market after no follow through on SPY. SPY finally closed below short term momentum 8 day moving average after a while. Last time few time this zone was bought by anxious dip buyers. Will …