100 MA still holds in SPY as indices trying to bounce.
Thursday’s low needs to hold for the bounce momentum to continue. If SPY lose 204 again, that might bring some follow through downward momentum on bear flag break. Biotech finally caught some bounce and we were busy playing the bio bounces in chat room with decent gains.I will be looking for some bounce continuation , some of the bio names still have some room before hitting some resistance.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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