Yet again decent earning from TSLA and TWTR couldn’t get the market going as SPY gapped up and closed at the lows.
Even though SPY still in range,there are some worrisome signs. Small cap IWM chart broke down Thursday,that itself a major technical break down that might lead other indices to flow. No leader ship stocks and sectors except few names like NFLX and GOOGL . Once mighty biotech’s just can’t catch any bid,they are in liquidation mode. There were pockets of momentum in IPO stocks like ACIA, TWLO, NTNX but they are also in liquidation mode. I went through hundreds of chats, all i see is mostly broken charts. So be careful out there and hit and run trading.Check out our trading courses. starting again next month. 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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