Big bounce in the market after 200 MA was held again on higher low.

sPY
For Bulls case, gap was filled and 200 MA is holding yet again, now it needs get over 20/50 MA resistance and continue higher.  For bears, still a bear flag  below 50 MA and next tap down through 200 MA might get some selling momentum.

Leading sector, biotech had a nice bounce on 50 MA. Some bio names were holding up really well during sell off, so I will be focusing on bio names again to see if we get some continuation for day trading. 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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ACAD Watching for this bull flag breakout.
ACAD Watching for this bull flag breakout.
ANAC Acted well during sell off. 8 EMA finally caught up. Watching for a continuation higher.
ANAC Acted well during sell off. 8 EMA finally caught up. Watching for a continuation higher.
AXDX Thin Bio. name, in a bounce zone here. Keeping an eye.
AXDX Thin Bio. name, in a bounce zone here. Keeping an eye.
IMGN Watching for this bull flag breakout.
IMGN Watching for this bull flag breakout.
INSY Bio. name, breakout watch.
INSY Bio. name, breakout watch.
KITE Watching for this bull flag breakout.
KITE Watching for this bull flag breakout.
PTCT Bio. name, multiple MA support here. Bounce watch.
PTCT Bio. name, multiple MA support here. Bounce watch.
XON Decent breakout today. This usually follows through so keeping an eye for a quick trade.
XON Decent breakout today. This usually follows through so keeping an eye for a quick trade.

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