Gap up in the Market after China rate cut news on Friday and gap was faded all day.
Despite the fade SPY manged to hold the short term support. As long Friday’s low holds , trend is still up . A break below Friday low might give bears some ammunition to try to crack the market a bit. Regardless , bulls are still in control with multiple levels of support.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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