SPY had its 100 MA bounce as expected .
As I wrote in last post,even if SPY bounces ,it will be facing many overhead resistance. Surely, Bears pushed back on trend line resistance. We are back to no mans land again.We will be on range bound market between 100 and 50 MA. Bulls will be back in control over 212. Great action on in individual stocks regardless if action on the indices. So as always we will be focusing on individual runners .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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