SPY has built a nice little support on short term 8 day EMA as it keeps on bouncing that area.
A breach below Wednesday's low could bring some weakness in the Market. Also keep an eye on small cap IWM index. 20 SMA holds for now but if it breaches , it could easily see 200 SMA. Nothing much has changed, indices still stuck on slow grinding range with lack of leadership stocks. We are still in short term hit and run trading mode in chat room.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 @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_31685" align="alignleft" width="800"]
AKRX Coiling pattern. Keeping an eye for a move either way.[/caption][caption id="attachment_31686" align="alignleft" width="800"]
ARWR Could get a flush if this support breaks.[/caption][caption id="attachment_31687" align="alignleft" width="800"]
BABA Holding 20 MA so far. If today’s low holds it could get a bounce or a weak open and a gap fill to 106.50 and bounce[/caption][caption id="attachment_31688" align="alignleft" width="800"]
CYBR Keeping any eye. Low volume pull back so far.[/caption][caption id="attachment_31689" align="alignleft" width="800"]
GDP Range break watch if oil catches a bid.[/caption][caption id="attachment_31690" align="alignleft" width="800"]
JDST Gold miners ETF,we have been day trading in chat. Big volume bounce .This could easily go for the gap fill and more.[/caption][caption id="attachment_31691" align="alignleft" width="800"]
WUBA Still flagging . Keeping an eye.[/caption][caption id="attachment_31692" align="alignleft" width="800"]
CANF Looking for parabolic move on this one. Ideally a strong open and then look for clues to fade short.[/caption]
