Trading Watch List 02.03.2020

Uncertainty about the effect of Corona virus finally hit the market. Big red day for the market. SPY manged to hold the 50 MA for now. Needs  to hold or if breaks down needs to remount. SPY below all short term moving averages now. Short term bearish market with headline news risk. Keep an open mind and trade the price action long or short.

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Here is the watch list:

EHTH Gap fill and 20 MA bounce watch at 100/101 area.
ZTS Big run and pullback. 130 support bounce play. Could be short/long round trip trade.
BLDP Flagging after a big run. Watching which way it breaks.
PINS Holding up well. Watching over 23.
PTON Holding up well. Watching over 32.50.
SDC Holding up well. Watching over 14.
CDNA Watching over 24.40 for base breakout.
SPCE Tight flag.See which way it breaks.
SQQQ Market short Inverse ETF. In play if market trends down. Watching on intraday setup.
TVIX In play if market trends down. Watching on intraday setup.

Join Our Free Chatroom Day 2/6: Watch Professional Traders Day Trade Live

Our free chat days allow you to watch Kunal day trade live on screen share. You will also get to see a swing trading market recap with Paul Singh. Watch all the day trading setups and trades we take in real-time, and see all the scans, charting layouts, and other gimmicks of our trading style!

Click Here to Sign Up For Our Free Chat Day

 

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