Ugly trend down day for the market. QQQ back below 50 MA. Tuesday's low goes,100 MA comes into the picture. Slim pickings as far as watch list, market needs to stabilize before new setups emerge. For active traders, keeping things simple, short watch on green to red , bounce watch on red to green.

Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman

Get access to our accelerated day or swing trading course with over 20 hours of content, access to our trading chatroom, live market commentary, and much more. Learn what it takes to succeed in the best profession in the world.

Here is the watch list and game plan:
[caption id="attachment_61821" align="alignnone" width="800"]

ROKU Short watch on green red type move.[/caption][caption id="attachment_61820" align="alignnone" width="800"]

CAN Short watch on green red type move.[/caption][caption id="attachment_61819" align="alignnone" width="800"]

SEAS Exhaustion candle with volume. Short watch on green red type move.[/caption][caption id="attachment_61818" align="alignnone" width="800"]

TWLO Short watch on green red type move.[/caption][caption id="attachment_61817" align="alignnone" width="800"]

BILI Short watch on green red type move.[/caption]