Volatility continues, QQQ closed off the lows after 260 was defended again. 260 is the line in the sand and bulls want to see a trend line break and 8/20 MA remount. Volatility can be great for active traders, buying flush , selling the bounce. No so much for swing traders , so stick to your personal trading style.
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Here is the watch list and game plan:
[caption id="attachment_60442" align="alignnone" width="800"]
BEKE Nice hold and close. Watching on a build below 56.50 for a pop.[/caption][caption id="attachment_60441" align="alignnone" width="800"]
NVDA Stuck between 20 and 50 MA. See which way this breaks.[/caption][caption id="attachment_60440" align="alignnone" width="800"]
SQ Holding up well below 159 resistance. Needs market to hold.[/caption][caption id="attachment_60439" align="alignnone" width="800"]
SGMS 35 is a spot whenever it tries to.[/caption][caption id="attachment_60438" align="alignnone" width="800"]
WKHS Needs to get over 20 MA for bounce continuation or on a flush to 50 MA.[/caption][caption id="attachment_60437" align="alignnone" width="800"]
PTON Closing below 8 EMA. 85 next stop. Short watch on failed spike through 90.[/caption]
