Watch List 10/20/2014

Gap up bounce day in the market and SPY ran out of gas after hitting the resistance.

Market had a “V” shaped recovery from 181.87 low and volatility offered some great opportunity. Thing are going to be little tricky now as  we are running into resistance and chop zone. Bulls wants to see a shallow pullback/sideways move next few days and creation of  a new base over 200 MA and work its way up to many overhead resistances. Bears still has the downtrend momentum and needs to get selling momentum going after relief bounce and on that pause in the resistance. Great week for  us in Bulls chat room with bounce plays and playing Ebola related names, our  real time trade alerts gained  $20,500 for the week!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.
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