Trading Watch List 03.02.2016
Great start of the new month by Bulls with impressive FOMO (Fear Of Missing Out) rally. Many eyes now on the next 200 level and then 200 MA 202.62 zone. Some great trade setups from last blog post ! …
szaman
Trading Watch List 02.29.2016
Small down day in the market after a run to top of the range in a range bound market. As i wrote on last blog, market needs a follow through move now but given how erratic market has been …
Trading Watch List 02.26.2015
Great showing by Bulls as they finally close the market over 50MA, first time in 2016. As discussed on the last post, bulls needed to defend the gap fill and 20 MA, 189.75 area . Here we are , …
Trading Watch List 02.24.2016
Typical 1st tap 50 MA fade in SPY as expected. We have our self a range bound market now with 50 MA resistance and 20 MA support. Pullback Tuesday ,fill the gap from Monday. Short term 192.18 needs to hold, if it doesn’t next stop is the …
Trading Watch List 02.22.2016
Range bound consolidation in the market after the big rally off a double bottom pattern. SPY basically now in between 20 and 50 MA range with short term support at 20 MA and resistance at 193.30,194.60 and 196. Our green to red short ideas from last …
Trading Watch List 02.18.2016
Rally continues in the market. Relief rally turned into a “FOMO (Fear Of Missing Out) rally” . SPY over that 187 resistance caught some shorts off guard and help from all sectors propelled the rally even more. SPY next resistance 194.60 followed by big one at 196. …