Another down day in market and all indices now below 20 MA.
Bears are in control and the chart is now looking like bear flag breakdown.At the same time SPY is in the lower range in a range bound market. So it will not be surprising to see a bounce here.For us in chat room shorting resistance and buying support and day trading has been working well and we will continue to do that until trend changes.Not easy to do day trading out there unless you have a good strategy. Its important to learn trading technique and strategy where you can day trade or swing trade both ways.If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. 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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