Volatility continues after short term trend was broken Friday. QQQ came close to 50 MA then reversed,270-269 big support now. As far daily setups, messy wide range candles in many charts now.It will take few days to setup again. Swing traders need to wait bit and see how things developed next week. As an active trader , I'll try to trade the range both long and shorts.
Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman
Get started on the right path to trading success. 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_60268" align="alignnone" width="800"]
CVAC Coming out of range. Continuation watch, ideally on a red to green.[/caption][caption id="attachment_60275" align="alignnone" width="800"]
BEPC Holding up well. Watching back over 52.[/caption][caption id="attachment_60272" align="alignnone" width="800"]
BIGC 92.90 idea worked after morning flush. Bounce continuation watch, ideally on a red to green.[/caption][caption id="attachment_60274" align="alignnone" width="800"]
BEKE Bounce continuation watch , ideally on a red to green.[/caption][caption id="attachment_60270" align="alignnone" width="800"]
CCL Holds up well. Range break watch.[/caption][caption id="attachment_60273" align="alignnone" width="800"]
DOCU Bounced right at 50 MA. Line in the sand Watching for day trading opportunities on a build within Friday’s range.[/caption][caption id="attachment_60267" align="alignnone" width="800"]
SHLL Flagging again. Watching on build below 52.[/caption]
