Short term bearish close for SPY under 8 EMA. Leader technology names started to roll over again while some rotation into biotech/healthcare, energy, metal and defensive stocks. It is unusual for market to rally without leadership names so unless technology names firms up, market might get stuck in a range with some volatility again.
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Live Stock Trading Bootcamp Starts Next Week
Next week our award-winning, live 60-day trading boot camp kicks off! We teach over 30 day trading setups, and teach you everything you need to know about professional stock trading. Class starts next Tuesday, and there are only a few seats left!