Watch List 10/01/2014 | Bulls on Wall Street

Watch List 10/01/2014

SPY is stuck on the lower range  of price pattern and between 20 and 50 MA .

spy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This 20 and 50 MA “Tween” area  usually is a chop zone so make sure to take your gains quickly as long we are stuck in this range. Spy has resistance now at 198.30 and support at 196. A break below that 196 has room to test 100 MA  and trend line  195/194.50 area.
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Check out some of the setups members were trading today in the chat room.

bita cybr loco yy

ALNY  Still basing for a breakout.
ALNY Still basing for a breakout.

BITA Failed to break the downtrend line and ugly reversal candle. 50 MA needs to hold.
BITA Failed to break the downtrend line and ugly reversal candle. 50 MA needs to hold.

SPLK Coiling up below  20 MA. Keeping an eye.
SPLK Coiling up below 20 MA. Keeping an eye.

TRUE 50 SMA needs to hold. Do or die time.
TRUE 50 SMA needs to hold. Do or die time.

YY Continuation short watch if bounce at open and sign of  fade.
YY Continuation short watch if bounce at open and sign of fade.

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