Sell off in the market as SPY finally broke 20 MA and 209 breakout area turned resistance support.
Minor support now at 207 and secondary support at 50 MA, 206 area.Ideally a gap down open and overshoot 50 MA support and bounce will be ideal for some quick long trading opportunity .We are finally getting some volatility in the market so it should be great for short term trading.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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