szaman Green day after three days of volatility. Key would be a follow through going forward. SPY stalled at 8/20 MA. Needs remount both 8/20 MA to start the healing process. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Get started on the right path to trading success. Get access to …
Volatility continues after short term trend was broken Friday. QQQ came close to 50 MA then reversed,270-269 big support now. As far daily setups, messy wide range candles in many charts now.It will take few days to setup again. Swing traders need to wait bit and see how things developed next week. As an active …
Market had the look of parabolic move, finally a rug pull, not surprising given how frothy many stocks has become. SPY holds 20 MA, QQQ not there yet, ideally another pull to 20 MA ,282-280 area would be good for a relief bounce. Slim pickings as far as watch list, one day of selling doesn’t …
Volatility continues after short term trend was broken Friday. QQQ came close to 50 MA then reversed,270-269 big support now. As far daily setups, messy wide range candles in many charts now.It will take few days to setup again. Swing traders need to wait bit and see how things developed next week. As an active …
Market not looking back since the breakout from 20 MA bounce.Ideally some consolidation would be nice while individual stocks continue to run. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Get started on the right path to trading success. Get access to our accelerated day or swing trading course with …
Market another new high but lack of leadership names and weak breadth still remain a concern. Watch list names SQ, FSLY, SHLL worked as planned before retreating. PS: There will be no blog next week. Time for a mini vacation. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Get started …