Bounce in the market as SPY bounces the lower range of that broadening pattern it has been stuck on.
SPY is back in to the wide range again. Thursday's low is a pivot now, Bulls wants to see a hold of that low. A break of the low could easily visit the 100 MA on SPY. This volatility has been great for trading as volatility creates opportunity. Super week in Bulls chat room , our real time trade alerts gained $10.200 for the week !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.Also if you are interested in our trade alert services check them out here.Follow me on Twitter @szaman and on StockTwits @szaman[caption id="attachment_30472" align="alignleft" width="800"]
ALNY We had this on 70 breakout alert. Now basing out above 8 EMA.Breakout watch again.[/caption][caption id="attachment_30473" align="alignleft" width="800"]
AVNR Narrowing coiling pattern. Looking for a move soon.[/caption][caption id="attachment_30474" align="alignleft" width="800"]
BITA Defending 50 and below trend line .Could move either way here. Keeping an eye.[/caption][caption id="attachment_30475" align="alignleft" width="800"]
GLNG Swing setup. Could bounce here or at 50 MA.[/caption][caption id="attachment_30476" align="alignleft" width="800"]
MBLY Triangle tightening up. Looking for a move soon.[/caption][caption id="attachment_30478" align="alignleft" width="800"]
TRUE 50 MA keeps on getting defended. Keeping an eye.[/caption]
