Gap down bounce and close in lower end in S&p-500 on Friday. We now have a potential for bear flag breakdown if SPY 177 level does not hold. So be careful out there with swing longs. We could also bounce here if 177 level holds. Only time will tell. If you are struggling with your trading the you need to join our 60 day bootcamp course. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. The class is one of a kind. See why you should sign up for the course here and email me thenyctrader@gmail.com.You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders.Follow me on Twitter and StockTwits @szaman[caption id="attachment_24809" align="alignleft" width="800"]
Breakout watch if Market holds.[/caption][caption id="attachment_24810" align="alignleft" width="800"]
PBYI Beginning to crack, watching intraday for a short .[/caption][caption id="attachment_24811" align="alignleft" width="800"]
PRAN Finally a red day, will look for short on green to red type move.[/caption][caption id="attachment_24812" align="alignleft" width="800"]
RAX Bear flag break down watch.[/caption][caption id="attachment_24813" align="alignleft" width="800"]
ROIAK Holds up well. Looking for a breakout if Market holds.[/caption][caption id="attachment_24814" align="alignleft" width="800"]
SFUN Bear flag. Watching below 80 for a short.[/caption][caption id="attachment_24815" align="alignleft" width="800"]
WWE Increasing volume after parabolic run, might get exhausted soon. Stalking for a short.[/caption][caption id="attachment_24816" align="alignleft" width="800"]
YY Had the 50 DMA bounce , Now bear flagging. Watching for short below 62.[/caption][caption id="attachment_24820" align="alignleft" width="800"]
SCTY Holding up so far. Watch for a mover either way.[/caption]
