Pause day in the market after SPY hitting some overhead resistance at 50 MA.
We are entering into consolidation zone between 20 and 50 MA with resistance over 196.45. Few days of consolidation will be nice for next leg higher and will also help some individual stocks to setup.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 and chat room , take a free trial!check them out here.Follow me on Twitter @szaman and on StockTwits @szamanWe also have a free Webiner on Wednesday with special guest @FousAlerts and @kunal00 talking steps on the path from student to Pro Trader. Register here.[caption id="attachment_31118" align="alignleft" width="800"]
AMAG Watching back over 34.36 for movements.[/caption][caption id="attachment_31119" align="alignleft" width="800"]
ESI Coiling up a bit. Watching that 9.30 area for movements.[/caption][caption id="attachment_31120" align="alignleft" width="800"]
GIMO Watching back over 14 for movements.[/caption][caption id="attachment_31121" align="alignleft" width="800"]
GPRO Getting oversold. Eying for a dead cat bounce soon.Maybe another flush and red to green type move.[/caption][caption id="attachment_31122" align="alignleft" width="800"]
INFN Secondary breakout watch over 13.93.[/caption][caption id="attachment_31123" align="alignleft" width="800"]
MBLY Watching back over 20 MA for trend line break out .[/caption][caption id="attachment_31124" align="alignleft" width="800"]
RWLK Good momentum Monday . Continuation watch. Maybe on a red to green type move.[/caption][caption id="attachment_31125" align="alignleft" width="800"]
TRIP Basing well for a move over 88.75 .[/caption][caption id="attachment_31126" align="alignleft" width="800"]
TUBE Retesting breakout. Keeping an eye to see if support holds.[/caption]
