szaman Up day in the Market as S&P-500 approaching both 20/50 SMA, 166.35 area. Expecting some volatility and game in that area. Some great plays every day in various sector run, Solar/Shipper had the run, today Biotech stocks had a great day and looks to be in play tomorrow. I will be focusing on Bios again …
S&P-500 barely holding onto that 163 support. Bears see this as basing action before the next plunge down. Bulls case, lately whenever Market looks vulnerable, dip buyers shows up on cue and Market keeps on ticking higher. Great month for Bulls crew with $20,000 gains for August ! Typically August tends to be the choppiest …
One of our member asked when a trade is just a day trade and when its a swing trade. Swing trading is based on daily chart setup. We usually anticipate swing trade based on chart and price patterns via flag, ascending triangle, consolidation, flat top base etc. Swing long trades can be …
Small bounce in the Market as S&P-500 barely holding onto 100 SMA and trend line area. Balls still in Bears court if they want to take charge. Trade carefully out there. Another fun day in Bulls chat room with $2335 in gains for the day. Check out our ZLC trades today. Most of …
One of our member/student wrote a valuable comment about sideway/choppy Market. I would like expand on it. Market has various stage which includes Recovery Stage, Accumulation stage , Bull Stage or Run up stage, Consolidation stage that can turn into next Bull stage or turn into Distribution …
Read moreRecognizing the Market's Trend and Trading Appropriately.
Bounce continues in the Market as Bulls finally manage to close S&P-500 back over 50 MA. We have some open space on top with 20 MA and gap area 168/168.80 as overhead for now. Another great week in Bulls chat room with $4712 gains for the week. If you are struggling with your trading in …