Another small pullback day in the market.
Market seems a little tired specially after failed attempt to take out the high’s for 2 days now. It wouldn’t be surprised to see some pull back, on a pull back SPY has plenty support underneath,specially on 200 MA and then 100 and 20 MA. Decent trading action on watch list names. CEMP,CYTK,PCRX shorts all worked well. We also had great short trade on VRX 100 break from 99.50-91. Twitted live this one.hopefully some caught it. Make sure to register for our free webiner.
I will be joining @kunal00 for free trading webiner “Making Bank in the First Hour” on Nov 5th at 8EST. Make sure to register here. Space is limited.