Pause day in the market after SPY hitting some overhead resistance at 50 MA.
We are entering into consolidation zone between 20 and 50 MA with resistance over 196.45. Few days of consolidation will be nice for next leg higher and will also help some individual stocks to setup.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.
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