Slow summer market with SPY sandwiched between some moving averages.
However higher low was put in on SPY Tuesday, so over 210 bull will get some momentum for a bounce. I am expecting range bound action for rest of the summer. Earning season continues and we are mostly trading earning related stocks in chat room for decent gains. If you are struggling with your trading or learn how to trade 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. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.Also if you are interested in our day trade alert services and chat room , take a free trial! Check them out here.Follow me on Twitter @szaman and on StockTwits @szamanCheck out our newest Offering "Bulls Vision" ! A brand new screen share product! See through the eyes of @kunal00 while he trades live everyday.[caption id="attachment_35503" align="alignleft" width="800"]
AMBA Bounced 20 MA. Do or die spot here.[/caption][caption id="attachment_35504" align="alignleft" width="800"]
ANAC Breakout watch. Needs volume.[/caption][caption id="attachment_35505" align="alignleft" width="800"]
FB Filled gap and holding 20 MA. Watching for a move either way here.[/caption][caption id="attachment_35506" align="alignleft" width="800"]
KITE Setting up a decent base above 20 MA. Keeping an eye.[/caption][caption id="attachment_35507" align="alignleft" width="800"]
VA Parabolic short watch, ideally on a one more push to resistance.[/caption][caption id="attachment_35508" align="alignleft" width="800"]
YRCW Parabolic short watch,Watching 20 area.[/caption][caption id="attachment_35509" align="alignleft" width="800"]
ZGNX Volume pattern suggests this should ready to move again soon. Keeping an eye. On that bull flag break .[/caption]
