Broken market action below all moving averages. Active trading only on our go-to intraday setups, red to green, green to red. open range breaks. intraday base breaks, panic sell-off and reversal etc. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Watch us trade these stocks LIVE, in real time. …
Nasty trend down day after inflation numbers came out hot. QQQ fade off 20 MA resistance. Funny how chart and news always coincide. QQQ 290 break should trigger more stops. Tricky going into tomorrow after over 5% down day. Market could gap down hard and dead cat bounce, Bounced at open and fade later or …
Oversold bounce continues and $QQQ is at resistance here. Typically this would be a fade spot but this market lately rallies longer than anticipated and vice versa. QQQ 312 20 MA resistance next. 300 big support. ISEE, COIN, SNOW nice runners from watch list. Follow me on Twitter for real time trading setups@szaman and on …
Day 1 of oversold bounce. Hopefully this dead cat bounce lasts more than a day. QQQ tons of overhead resistance, 300,301 and then 305. Keep an eye on semi conductor names. Soft bounce so far. They need to act better for any sustainable bounce. Follow me on Twitter for real time trading setups@szaman and on …
Another day and another bounce attempt was faded. Bears in completer control. If QQQ 293 goes, June’s low comes into play. Not much daily setups beside slow drips and fade bounces. Active trading only on our go-to intraday setups, red to green, green to red. open range breaks. intraday base breaks, panic sell-off and reversal …
Gap up but bounce attempt failed miserably with close on the low of the day. At this point s0me times of panic gap down may be ideal for a bounce than slow bleed. It wont be surprising to see one bounce attempt before long holiday weekend. QQQ middle of the range,has room to fall butshort …