Bounce day in the market as SPY managed to hold 198.50 low area.
Bulls needs to hold that 198.50 area. A break below now could quickly see 200 MA 195 area. We also have overhead resistance at 204 /204.50 area. Basically we are stuck in range for now.Oil seems to be in some sort of bottoming pattern fro now. It has been a great day trader market since volatility is back. We had a great week trading both long and short in some names like KITE, GPRO JUNO. Opportunity is there you just have to be nimble and quick.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.
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