Bulls on Wall Street: Stop Guessing. Start Trading.

Trading Watch List 04.13.2017

SPY closed at first resistance are in a choppy/sloppy fashion  given all the news  around. A break over 267 should try to big resistance 270 area. It can can also fade here on top of the range. Some nice trading […]

READ MORE

Trading Watch List 04.11.2018

Rally day for the market. SPY stalled at 20 MA. Needs to see a follow through. A move over 20 MA and 266.77 clears the way for major resistance 270 area. Hit and run trading mode in range bound  market […]

READ MORE

Trading Watch List 04.09.2018

Technically weak market was hit again with China tariff news and down we go. SPY drama around 200 MA continues. It has been tapped so many times, at this point I think it is less relevant. 254.67 is the big […]

READ MORE

Trading Watch List 04.06.2018

Decent bounce and flow through day after SPY broke trend line closed above 8 EMA Wednesday. SPY over 266.64, next resistance is at 20 MA followed by 270 area. 270 area should be some strong resistance for now.Decent action from […]

READ MORE

Trading Watch List 04.04.2018

Choppy day in the market but bulls manged to close SPY over 200 MA. Bulls has a shot here for tradable bounce if they want to over 8 EMA , 262 area. A break below 200 MA again should bring […]

READ MORE

Trading Watch List 04.02.2018

SPY managed to hold 200 MA and a bounce that stalled at 8 EMA and previous support now turned resistance. Hard to tell if this was a just a short covering rally ahead of the long weekend .Next week we […]

READ MORE

Trading Watch List 03.28.2018

We got our oversold bounce on Monday but a rug pull by bears Tuesday. SPY gave up most of gains from Monday. Next time if breaks below 200 MA, might not hold. QQQ was leading the carnage, gave up all […]

READ MORE

Trading Watch List 03.26.2018

Our Bearish bias below 50 MA  came into play. Ugly action in market as bears took control once SPY broke that 100 MA support. SPY closed right on 200 MA. At this point 200 MA is weak support. Ideally a […]

READ MORE

Trading Watch List 03.21.2018

SPY broke 20 and 50 MA support. Bounced 100 MA  and now sitting on a no mans land between 50 MA and 100 MA. Bulls wants too see SPY back over 50 MA. Bears would love a crack of 100 […]

READ MORE

Trading Watch List 03.19.2018

Flat day for the market.SPY closed tad below 50 MA but the support zone getting defended. 20 MA next obvious support. Action was slow on Friday. Seeing some decent daily setups. Bulls needs to step up and bring on some […]

READ MORE

Pin It on Pinterest