Trading Watch List 05.04.2016

Range bound action in SPY.

spy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SPY sitting below that all important both 8 and 20 MA short term momentum moving averages. A break below 205.28 could test the 50 MA 203.75.204 area.Finally we saw some air off the oil,metal and commodities names. Our watch list short idea, NUGT, GPL, TCK ,TSLA worked really well as we had another awesome week in making  in the chat so far, shorting commodities names. I will be watching some oil names for a bounce soon, ideally on gap down open. Many of them approaching short term area for a quick bounce.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 @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.

Make sure to register for our upcoming free webiner on,“Trading energy stocks” on may 10th .

webi

 

 

 

 

BCEI Oil name, watching for support bounce soon.
BCEI Oil name, watching for support bounce soon.
LGCY Oil name, watching for support bounce soon.
LGCY Oil name, watching for support bounce soon.
SM Oil name, watching for support bounce soon.
SM Oil name, watching for support bounce soon.
WLL Oil name, watching for support bounce soon.
WLL Oil name, watching for support bounce soon.
FCX Metal name. watching for support bounce soon.
FCX Metal name. watching for support bounce soon.
SRPT Filled gap and faded. Watching for a short on a green to red type move. Could a get flush below 17.65.
SRPT Filled gap and faded. Watching for a short on a green to red type move. Could a get flush below 17.65.
ENDP Has a double bottom look. Watching for bounce continuation over 28.50.
ENDP Has a double bottom look. Watching for bounce continuation over 28.50.

 

Share:

Facebook
Twitter
Pinterest
LinkedIn

Stop Guessing.
Start Trading.

Secured Checkout Providers

Don’t Miss Out

Pre-Market Live-stream

Tuesday’s and Thursday’s at
9:00 AM EST.

Connect With Us…