szaman Bounce day in the Market, a follow through will take S&p-500 to 180 overhead resistance area. In terms of individual daily chart setup, there isn’t much out there. Much damage were done and it will take some time to heal. We will most likely stick with earning runners for short term day trades in the …
Small bounce and inside day the the Market. Picture not clear yet on S&P-500. If Mondays lows break it might be headed for the 200 DMA. If Tuesdays high breaks, it might try for a bounce to nearest moving average resistance. Most of the stock on today’s watch list are on clear short term support …
Gap down bounce and close in lower end in S&p-500 on Friday. We now have a potential for bear flag breakdown if SPY 177 level does not hold. So be careful out there with swing longs. We could also bounce here if 177 level holds. Only time will tell. If you are struggling with your …
S&p-500 still stuck in down trending range with overhead resistance on top. Bulls are still not out of the woods because the daily chart now has the characteristic of a Bear flag as the bounces has been on low volume. So be careful out there if you are swinging long.If you are struggling with your …
Dead cat bounce day in the Market after severe sell off. Some major chart damages were done in last few days. It will take some time to heal the charts again. We also have overhead 50 DMA resistance now in S&p-500. Great day for our featured bounce candidates if you were following them closely. SCTY …
Big sell off in Market as all the indices moved through Bollinger Band on Friday. After this sell off i wouldn’t be surprised to see maybe a small gap up on Monday due to short term over sold charts. Ideally if we open red on Monday ,there might be a good chance Bulls will try …