Healthy basing action in SPY on top of the range.

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Our game plan from last blog , shorting extended oil names  and mini inverse relation between oil and biotech stocks worked out really well last two days. We had some great trades in chat room shorting oil names like SN,SM OAS, LINE and going long  biotech stocks like ISIS , KITE and JUNO. Fun times, hope that strategy  was profitable  for you guys as well.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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USO Oil found support on 20 MA and previous breakout area at 18. If 18 holds watching for oil names for bounce.
USO Oil found support on 20 MA and previous breakout area at 18. If 18 holds watching for oil names for bounce.
OAS Bouncing dual 20/50 MA support. Bounce watch over 16.
OAS Bouncing dual 20/50 MA support. Bounce watch over 16.
GPRE  Bouncing dual 20/50 MA support. Bounce watch.
GPRE Bouncing dual 20/50 MA support. Bounce watch.
FRO Could be a tricky day trader but setup is there for a range break.
FRO Could be a tricky day trader but setup is there for a range break.
ISIS Not a good close for bio names. Ugly reversal at 50 MA and back into range. Keeping an eye for next direction. KITE and JUNO some others.
ISIS Not a good close for bio names. Ugly reversal at 50 MA and back into range. Keeping an eye for next direction. KITE and JUNO some others.
NUS First day crack after parabolic run. Watching to see if continues to pull  like it has in the past.
NUS First day crack after parabolic run. Watching to see if continues to pull like it has in the past.
OLED Triangle breakout watch.
OLED Triangle breakout watch.
SPLK Flag breakout watch.
SPLK Flag breakout watch.

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