A red day in the market after a big run by the Bulls.
SPY has layers of moving average support below and a gap to fill to 208.Healthy pullback is needed to setup some extended stocks. Earning season is here so we will be focusing on earning related plays and intraday momentum plays. Slim pickings again in terms of new long setups. Watch list mostly has short setups for tomorrow. Hopefully some digestion will setup some new longs.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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