Good start for QQQ but late day fade and close back in red. Bias remains bearish until a close over 50 MA with occasional bounce here and there. If Monday's low goes, thing might get volatile again to the downside. Watch list idea UPST,JMIA, ROKU, FUTU,BLNK gave some nice trades for active traders.
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_62627" align="alignnone" width="800"]
BIDU Huge fade after earning pop. Short watch if market continues to weaken.[/caption][caption id="attachment_62626" align="alignnone" width="800"]
QS If 30 holds, might catch another pop.[/caption][caption id="attachment_62625" align="alignnone" width="800"]
FSR Breaking out of trend line. Continuation watch on red to green.[/caption][caption id="attachment_62624" align="alignnone" width="800"]
CCIV Continuation watch on a red to green.[/caption][caption id="attachment_62623" align="alignnone" width="800"]
COIN See which way this breaks. Short watch on green to red.[/caption][caption id="attachment_62622" align="alignnone" width="800"]
IQ 20 MA resistance for now. Should pop if remounts again.[/caption][caption id="attachment_62621" align="alignnone" width="800"]
RIOT Watching back over 26.80.[/caption][caption id="attachment_62620" align="alignnone" width="800"]
RBLX 77.80 big spot now.[/caption][caption id="attachment_62619" align="alignnone" width="800"]
BNTX Tight setup. Should make a move soon either way.[/caption]
Join Our 60-Day Live Trading Boot Camp
Apply For Our Live Trading Boot Camp
