Nice rally day in the market after SPY 50 MA test.
SPY now back over all important both 8 and 20 MA short term momentum moving. Bulls are in control as long 50 MA holds now. Decent bounce action in energy, commodities and metal names after a brief pause. So I’ll be focusing mostly on some oil and some oversold commodity names. Ideally , on a soft open and red to green or on a intraday pullback setup.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.
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