Trading Watch List 06.22.2016

Slow range bound day in the market.

spy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

It seems market is pricing in defeat of Brexit vote on Thursday. We won’t know the decision until Thursday night so things might stay choppy and range bound for next couple of days. SPY holding 50 MA key support area for the time being. Some decent trading  action individual stocks . NFLX , ACAD, EXAS short idea worked well. Market still faces some uncertainty so  we are still on hit and run trade mode in the chat room and will stay that until otherwise.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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ACAD 20 MA break short idea from blog worked well. No watching to see bounces on 50 MA for a quick trade.
ACAD 20 MA break short idea from blog worked well. No watching to see bounces on 50 MA for a quick trade.
ACIA Momentum IPO name. Watching for a trend line/20 MA bounce here.
ACIA Momentum IPO name. Watching for a trend line/20 MA bounce here.
EMES Bullish pennant setting up. Keeping an eye.
EMES Bullish pennant setting up. Keeping an eye.
NUGT Gold miner ETF. Needs to hold 50 MA for a bounce else could get a flush.
NUGT Gold miner ETF. Needs to hold 50 MA for a bounce else could get a flush.
SGY Energy name. We had a sweet trade on this from 7.03 to 8 in chat room. Still worth watching for a red to green type move. If gaps up , will be watching for a quick short.
SGY Energy name. We had a sweet trade on this from 7.03 to 8 in chat room. Still worth watching for a red to green type move. If gaps up , will be watching for a quick short.
SLCA Looks good for a breakout over 34.60.Ideally on a red to green type move.
SLCA Looks good for a breakout over 34.60.Ideally on a red to green type move.
WLL Oil name. Over 12.45 , it could run to 13. Watching for a red to green type move.
WLL Oil name. Over 12.45 , it could run to 13. Watching for a red to green type move.

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