Reversal day in the market after the day SPY managed to reclaim the 50 MA.
SPY needs to hold the trend line and 100 MA support 204/204.50 area for now. Bulls need to stop up here otherwise bears will ave some ammo for downward push. Many individual stocks still in play both long and short due to increasing volatility. So i will be focusing on individual stocks.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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