Choose ones that line up according to the narrative and have most reasonable risk
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SPY Still the major concern. The 50 DMA at 131.50 held, but is still declining in slope. The floor trader pivots are neutral to slightly negative at 131.45. That is a big pivotal area now for Monday. If that area …
SPY After opening higher and failing to get through the first 30 minutes opening range or R1, it reversed and closed below the declining 50 DMA with a Distribution Day in volume. 130 was the breakout area from 2 weeks …
Down days, finding good stocks that held S1 and Opening Range
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SPY came back above the 50 day moving average which is still sloping down, and closed right on the floor trader pivot at 131.85. There was no distinguishing volume pattern. Early in the day it tried to get through the …
Have a view, then find best stocks
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SPY after writing about the island top last night, a rumor driven and erratic market made way for an end of day sharp decline which not only gave SPY its third distribution day in a row, but also a failure …
The stack, stock condition and overall market all keys to this great midpoint
Learn More: How to Trade Using Floor Trader Pivots: A Step-by-Step Guide…
SPY Working off of an Island top that was established last Thursday. The candle stick term is called aBearish Abandoned Baby. Typically, the trend reversal is confirmed by the black candlestick on the third day. There are other factors to …
Condition 1 Stocks that have Short Term Trading Patterns
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