Team,
After a massive sprint higher last week, markets are taking a breather. Stay the course and be sure to check out the stocks setting up below 🍻
-Andrew
News/Economic Data
Long-Term Treasuries
The Bill Ackman bottom remains, and TLT retraced to the 5-day EMA! Still Bullish 👇
FX Market
DXY below the 20-day SMA✔️
Energy
Crude testing the bottom of the monthly value area from below. Still benign✔️
Equity Dashboard
A minor pullback day in the grand scheme 👇
Index Price Cycle Monitor
Tough to argue with the green on the screen👇
In the following sections of tonight’s update, I’ll cover my research in preparation for tomorrow’s trading session
✅ Trend Model Update - Our proprietary indicator that informs us on how aggressive/defensive to position in the market
✅Market Strategy - My trading plan
✅ Today’s Trade Blotter and Position Update
✅Daily Watchlist - We scan thousands of stocks and hand-pick the best reward/risk opportunities
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