SPY consolidation mode over short term momentum moving average 8 EMA.
SPY support now 225.40. All good as long basing over that. Some nice runners from watch list, NVDA, DUST,X,CLF,IONS all gave actionable trading setups and nice gains. I’ll be watching some oil names. Most had low volume pullback and bounce day Thursday, will be watching to see if bounce continues. Also, spec. shipper stocks came to play with some volume. So, I’ll be watching them as well for intraday setups DRYS,ESEA, DCIX, TOPS , SINO are some shipper names.
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