Trading Watch List 09.08.2015

No a good day for the market as SPY gapped down below the flag pattern.

SPY still somewhat still in a choppy range. It needs to hold 190.70 area otherwise it might have some panic selling. Bulls will be in some control on a close back over 10 MA 194.28 area. Not the easiest trading environment out there. Some big tech name like AMZN, NFLX are in a do or die zone. I will be watching those for overall market direction.If your trading tool box only contains playing straight break outs, this is not market for you now. Breakout in this market most likely will fade.Be sure to have different  trading technique and strategy where you can day trade or swing trade both ways. This volatile market providing big trading opportunities as we continue to have record daily gains in our chat room via trade alerts.

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