Another roller coaster day in the market as SPY in a box so far.
Buy the dip and sell the rip range bound action. Short term market is oversold, so it might churn a bit before making a move down. As far as bounce, SPY needs to close over 8 EMA and then take out 20 MA , both those MA’s getting rejected so far. Slim picking as far as daily watch list. We are mostly focusing on ETF’s and high beta tech names for round trip trades.
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