Flat day in the market as SPY holding sort term support.
SPY support now 219.26, on a break below, nit much support till 20 MA.Technology and bio's paused selloff for the day and I will be watching closely now for next direction.Tech and bio needs to hold for healthy market action as oil and bank wouldn't be able to hold market up. Some nice action from watch list names.LAVU,X, CARA , IONS all gave nice day trading opportunities.
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AERI Watching over 38.80 for a bull flag breakout.[/caption][caption id="attachment_42061" align="alignleft" width="800"]
CARA We had our 50 MA bounce. Stopped at 20 MA. Continuation watch over 9.70.[/caption][caption id="attachment_42062" align="alignleft" width="800"]
CLCD Breakout watch , ideally on a red to green type move at open.[/caption][caption id="attachment_42064" align="alignleft" width="800"]
FCX High and tight flag. Breakout watch over 15.65.[/caption][caption id="attachment_42066" align="alignleft" width="800"]
SGY Big volume on this. Watching over 7.25 for a quick gap fill trade.[/caption][caption id="attachment_42065" align="alignleft" width="800"]
OCUL Breakout and retest look, Continuation watch over 9.70.[/caption][caption id="attachment_42067" align="alignleft" width="800"]
SINA Trend line bounce trade over 70.60.[/caption][caption id="attachment_42068" align="alignleft" width="800"]
VEEV Gap fill and 20 MA here. Watching over 43.50 for a bounce.[/caption][caption id="attachment_42069" align="alignleft" width="800"]
XBI We had our support bounce but failed at 50 MA. Watching for a direction now. Bullish over 50 MA.[/caption]
