Kunal Desai Red day in the Market. Further weakness could lead S&P-500 for a test of 20 day moving average 153.40 and if Bears get really aggressive a gap fill to 153. Many eyes on those numbers. In shorter time frame S&P-500 needs to hold 154 area for Bull case. Let’s see how it all plays out. Some …
After a three day orderly pullback in the markets, we got a nice bounce today. Everyone was waiting around all day for the fomc minutes which turned out to be pretty uneventful. Rates remain unchanged as expected. If you are struggling trading and looking for a community of pro traders to bounce ideas off of …
Slight red day in the Market however price action in many individual names are getting a bit worrisome. We had nice $1127 gains in chat room shorting recent high flier names like CZR,NPSP,YRCW . If you are interested in trading these low risk/ Huge gains setups with us and learn trading, live in a chat …
Evening folks! Some weakness in the markets today off the news from Cyprus. We had our first legit gap down in a longtime but as is custom in bull markets usually those gap downs end up getting bought till that one day it doesnt! well today it did. Lot of stocks bounced hard off support. …
NQ was on last night watch list as a bounce play. Stock had huge volume run up to 10.67 and severe pull back without any bounce and down for 6 days. As it approached 20 SMA/20 EMA on daily chart, i was eying the stock for a bounce soon, somewhere either around 20 EMA or …
Read more$NQ: Strategy to play bounce after severe sell off.
Big gap down in the markets overnight off of overseas news. As usual, the dip was bought this morning and we grinded almost back green. All the action was this morning, making for an uneventful afternoon. We still profited nicely in the bulls room with $1260 in gains. Below are the trades called out live in the bulls …