Slow digestion day in the market.
Seems SPY correcting via time for some moving averages to catch up with price. Range also getting tighter, a breather to test some support and moving averages will be ideal but bulls holding on well so far. Short term support now at 215.30 area followed by 8 EMA 214.65. While market churns , some really nice action in low float momentum names like OPTT, LEDS, SPHS. So keep an eye on flavor of the day momentum names.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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