Watch List 03/11/2015

Sell off day in the market as SPY finally gave out 50 MA and breakout area turned resistance supportĀ  206.                               Trend line and 100 MA support area is now at 203.60. SPY also closed under Bollinger Band so i will …

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Watch List 03/09/2015

Sell off in the market as SPY finally broke 20 MA and 209 breakout area turned resistance support.                               Minor support now at 207 and secondary support at 50 MA, 206 area.Ideally a gap down open and overshoot 50 MA support …

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Watch List 03/06/2015

Consolidation in the market after 20 MA and big breakout support 209 area was defended.                               Decent action in individual stocks and biotech sectors. Great move in ISIS,JUNO,EYES,ACAD,ARQL CAPN, all from our watch list. So i will be paying attention to …

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Watch List 03/04/2015

Consolidation in the market as SPY 8 EMA was defended yet again.                               Could be some choppy action while in consolidation phase. I will be focusing on individual stocks ,there are still some decent action every day in individual names.If you …

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Watch List 03/02/105

Orderly pullback in the market as SPY closed on short term 8 day moving average.                               8 day EMA area has been supportĀ  for last few times. Bulls need to hold this area. If not there breakout zone support at 209 …

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