Expected follow through rally in the market after SPY break out on Friday.
SPY stalled on upper bollinger band and market flushing some overbought signal. So it wouldn’t be surprising to some churn for few days. Oil finally joined the market rally and I am finding some decent looking chart on energy space that have some room to run. Over all, many extended charts out there , if market decides to pause I’ll be looking to short them for quick trades. REN, SGY, X , CLF just to name a few.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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