Kunal Desai Bounce continued in the Market after an intraday pull back to 50 MA on Thursday. After the last pullback to 50 MA in April S&P-500 made a new high.We will see if the same history repeats this time around with endless QE liquidity pumping . For now we have 20MA overhead resistance in S&P-500,same area …
S&P-500 finally touched the 50MA and did a text book bounce off 50MA and uptrend line. Everyone will be looking for a follow trough move, doesn’t have to happen tomorrow but as long 50 MA/160 area holds uptrend remain intact.Make sure to check us out in the Bulls chat room, which has a live audio …
Down day for the markets.. 50dma on the $spy is pulling us to it. The pullback so far has been fairly orderly. We had a sick trading day today in the bulls room with an 80% win ratio on our alerts, totalling $2527 in gains! The great thing about being a momentum daytrader is that …
Green to red day in S&P-500 as it was rejected at 20 SMA , however low from yesterday holding for now and that will a support area to watch. Below are the few stocks that have been holding up well during the sell off. Make sure to check us out in the Bulls chat room, …
Nice recovery in the markets end of day. Spy broke short term support but the dip once again got bought. This is the attitude that we need to continue to stick with for now. We had a very productive day in the bulls room. The alerts totaled $1265 in gains. If you aren’t a member …
Hey guys. @mb_willougby one of our great traders has volunteered to run a weekly study/help session. Its open forum in our chatroom so you can bring your questions, charts, anything that you want to talk about. Im seeing a lot of progress in the chatroom from many of you guys. Your starting …