Slow grind up continues in the market after SPY defended a year long trend line.
SPY back to the "V" shape grind up move over 20 MA as I wrote on the last post. Intra day trading remains actionable in both long and short as long you don't sell the low and buy the high. After 4 days of run market sure could use some basing and churn as volume really drying up and expected to stay this way ahead of long Memorial weekend .
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BZUN Orderly pull back. Bounce watch.[/caption][caption id="attachment_44635" align="alignleft" width="800"]
CLF Range break pop idea worked.Watching for a follow through.[/caption][caption id="attachment_44636" align="alignleft" width="800"]
NKTR Range break pop watch.[/caption][caption id="attachment_44637" align="alignleft" width="800"]
NVDA 1st red day. Still has some room to fall before bounce. Quick daytrade short watch.[/caption][caption id="attachment_44638" align="alignleft" width="800"]
SGMO Secondary breakout watch.[/caption][caption id="attachment_44639" align="alignleft" width="800"]
SHOP Coiling candles here. Watching for direction.[/caption][caption id="attachment_44640" align="alignleft" width="800"]
TDOC Flagging here. Keeping an eye.[/caption][caption id="attachment_44641" align="alignleft" width="800"]
TSLA Bear flag short idea worked well. A flush to 50 MA could be a bounce spot.[/caption][caption id="attachment_44642" align="alignleft" width="800"]
TTD Secondary breakout watch back over 54.38.[/caption]
