S&P-500 barely holding onto that 163 support. Bears see this as basing action before the next plunge down. Bulls case, lately whenever Market looks vulnerable, dip buyers shows up on cue and Market keeps on ticking higher. Great month for Bulls crew with $20,000 gains for August ! Typically August tends to be the choppiest and Bearish month of the year so great performance indeed by Bulls crews.
If you are struggling with your trading in this choppy environment then you need to join our upcoming bootcamp course starting September10th. Learn how to be profitable in any market and to grow a small account! We teach you everything from risk management to scanning to trading strategies. The class is one of a kind. You will also learn my explosive day trading strategy for low risk high reward momentum trading. Learn how to be in a trade ahead of other traders and before every one chasing your stock.
Our strategies take advantage of the same momentum setups that appear day in, day out, regardless of whether the market is up or down. So even with the market pullback this month, we still were able to keep locking in the gains. This is what separates bulls from all the other chat rooms! As you can see our strategy at bulls is to keep our losses small and take gains quickly. This method has earned us consistent gains month end and month out. Check out all the trades from the past year here.
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If you haven’t already, check out our recent educational posts:
ECOM Approaching support area. Bounce watch.
HERO Energy name. Basing well above 20/50MA.Watching over 7.25 area.
HIMX Watching for trend line and over 20MA.
NFEC Spec. Momentum play. Watching 2 area for a scalp with volume.
SSH Watching for a bounce.
TASR Momentum play. Keep an eye on that 12.17 area.