Market stuck in a bear flag range.
SPY now has many overhead resistance on top like 50 and 100 MA and trend line. A break down 205.28 could see 200 MA . Market is still in Bear territory so be careful out there with break out and long plays. Be sure to take profit quickly and do not chase long into spikes. In this type of environment spikes tend to get faded. 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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