Great action by bulls as they close SPY over 200 MA ,first time this year.
Next stop is the gap fill 204 area. If we have another gap up and hit the 204 area, i might be looking for some quick short play but if Market grinds up like it has been lately , i will be watching for long setups on individual stocks. Market now above all the major moving average, even if it pulls back there are plenty of support underneath at major moving averages.If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.
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