Not a great day for the Bulls as gap up after exciting AAPL earning was quickly faded.
So far this year has been buy the dip and short the rip for the indices . As you can see from the chart , we have been stuck in a range . 100 MA has been acting as support but now that is getting heavy as it can only act as support for so long until it breaks. So i will be not be surprised to see a visit to 200 MA soon. There is also a possibility that dip buyers will show up again and buy the bottom of the range. So keep an open mind about all the possibility. 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. You can also check out the testimonials from our students.
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