Couple of wild day in the market. Finally market caught an over sold bounce.
SPY short term support at 100 MA and resistance now at 50 MA. After two wide range days in the market, I am not expecting any big moves Wednesday. We might see another shake out at some point and then some range bound action before the final direction. Bulls,last 2 years have been used to see "V" shaped recovery. Maybe it will be same again but some huge overhead resistance for now.
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ATRA Orderly pullback during correction and 20 MA bounce. Keeping an eye.[/caption][caption id="attachment_48300" align="alignleft" width="800"]
NFLX Market darling, beauty bounce on 20 MA.Keep an eye for market direction.[/caption][caption id="attachment_48301" align="alignleft" width="800"]
PTCT Orderly pullback during correction and 20 MA bounce. Keeping an eye.[/caption][caption id="attachment_48302" align="alignleft" width="800"]
QNST Earning mover. Holding breakout area. Keeping an eye.[/caption][caption id="attachment_48303" align="alignleft" width="800"]
ROKU Flag breakout watch.[/caption][caption id="attachment_48304" align="alignleft" width="800"]
SQ Holds support and bounce. Needs to hold 40 area and build.[/caption][caption id="attachment_48305" align="alignleft" width="800"]
VRX See if this can descending channel for a pop.[/caption][caption id="attachment_48306" align="alignleft" width="800"]
WB Bouncing 50 MA. Needs to hold and build.[/caption]
