Trading Watch List 10.21.2019
As I wrote in last blog, indices holding up but i was not seeing many individual stocks chart setups for long. Not surprisingly , while indices still holding up many individual momentum tech name started their descent again after some dead cat bounce.Sector rotation to defensive sectors like utilities , financial and real estates names. Its been tricky tape out there so active traders should follow intraday price action of individual stocks rather than indices. SPY holding 20 MA , short term range bound between 293.60 and 300.
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