Trading Watch List 10.07.2015 | Bulls on Wall Street

Trading Watch List 10.07.2015

Digestion day for the Market after SPY had a big run off the lows and then hitting the trend line .

spy

 

 

 

 

 

 

 

 

Few days gentle digestion would not be bad to setup some stocks again. SPY has a gap to fill  and 20 MA at 195 and odd is it might fill that gap before we see any new highs. Big fade day in biotech names. Not your usual orderly pull back,even though IBB manged to  close off the lows. I will be watching few bio names again tomorrow. Some of them sitting on dead support or cracked bear flag pattern and needs to bounce or next sell cycle should begin. Big rally in oil and gold miners stocks but most of those are really getting extended. I will be watching them for a fade soon. It has been a two way market for some times now.If your day trading it is important to day trade with specific setups and techniques for this type of market. You need to learn to day trade both ways long and short that is one of the keys to day trading when the market is under its major moving averages.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.
Also if you are interested in our day trade alert services and chat room , take a free trial! Check them out here.
Follow me on Twitter @szaman and on StockTwits @szaman
Check out our newest Offering “Bulls Vision” ! A brand new screen share product! See through the eyes of @kunal00 while he trades live everyday.

BAS Our 3.44 long alert worked well. Now getting a bit extended along with other oil names. Watching for a fade soon. Either a run to 50 MA or below 4.40.
BAS Our 3.44 long alert worked well. Now getting a bit extended along with other oil names. Watching for a fade soon. Either a run to 50 MA or below 4.40.
EXH Oil name getting a bit extended along with other oil names. Watching for a fade soon.
EXH Oil name getting a bit extended along with other oil names. Watching for a fade soon.
OAS Oil name getting a bit extended along with other oil names. Watching for a fade soon.
OAS Oil name getting a bit extended along with other oil names. Watching for a fade soon.
GDX Gold miners, getting a bit extended. Watching for a fade soon. If fades DUST is the ETF to go long.
GDX Gold miners, getting a bit extended. Watching for a fade soon. If fades DUST is the ETF to go long.
BITA Could get a pop over 33.
BITA Could get a pop over 33.
ITCI Bear flag formation. 38.20 needs to hold for now.
ITCI Bear flag formation. 38.20 needs to hold for now.
SCMP Bio name. Tapping the support again here. Do or die zone.
SCMP Bio name. Tapping the support again here. Do or die zone.
SUPN Bio name. Tapping the support again here. Do or die zone.
SUPN Bio name. Tapping the support again here. Do or die zone.

 

szaman Administrator
follow me

Leave a Comment