szaman Volatile day in the market, we had a gap up open,gap fill, bounce, fade and more fade and just when SPY looked like it will break down below 50 SMA, big bounce ! So SPY bounced 50 SMA and small cap IWM bouncing 200 MA and on the lower bollinger band.bulls need to defend these levels …
Sellers are back with vengeance after a brief pause in the Market . Although SPY has some support on 50 DMA, technology index QQQ and small cap index IWM now have bearish head and shoulder pattern on immediate term and bear flag on short term until they get back over 50 DMA. So just be …
Minor pullback/digestion day in the Market after 6 days of run.Many beaten up stocks were getting extended short term after this run and were hitting short term resistance and moving averages. We had a nice day in the bulls room today with $1809 in live alerts! Now it is time for some side way action …
Slow creep up continues in the Market. After five green day’s Market could easily use few side way days before picking up the next direction. Another decent start of the week in Bulls chat room with $2440 gains for the day. If you are struggling with your trading the you need to join our …
Two days of bounce in the Market after SPY 150 SMA hold. Now it gets trickier as we might just grind higher in choppy fashion or the sellers come back next week after this shortened holiday trading week.If you are struggling with your trading the you need to join our bootcamp course starting in May! …
Gap up , fade and late day rally day in the Market after SPY and QQQ both managed to hold/retest Friday’s low. So the lows holds for now , the balls are on Bulls court if they want to make something out of it with a follow through.If you are struggling with your trading the …