Bears finally made a push to close SPY below 50 MA.
Next major technical support is on 204 area. Major support areas have been bought on the market so far ,as bears have failed to make any follow through move down. Will be interesting watch if it happens again. As far as charts, i am seeing many messy or broken charts so i wouldn’t be surprised to see market lower .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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