Trading Watch List 05.01.2017

Market in consolidation mode after rally.


















SPY first support 8 EMA, 237 followed by 50 MA, 236 area and resistance at 238.93.There are some concerning signs. Small cap IWM showing relative weakness and two big leadership tech stocks AMZN and GOOG faded after good  earning news and lack of participation from market after good earning news. Both now have ugly daily candles and if follows through , might drag overall market down.

If you are struggling with your trading or learn how to trade you need to check out our trading courses. 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.
Also if you are interested in our day trade alert services and chat room Check them out here.
Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman
Check out our newest Offering “Bulls Vision” ! A brand new screen share product! See through the eyes of
@kunal00 while he trades live everyday.

AAOI Coiling up here. Should pop over 49.80.
ASPS Closed back over support. Bounce continuation watch.
ENTA Range breakout watch over 32.
HZNP Range breakout watch over 15.57.
MOMO Basing out again for another run if 20 MA holds.
MZOR Breakout watch over 37.30.
NFLX Consolidation after breakout. Keeping an eye for continuation.
WIX We had our 20 MA bounce and breakout. Consolidation after breakout. Keeping an eye for continuation.



szaman Administrator
follow me