Pristine Market Analysis & Watchlist 8/7

Bulls Buy the Dip Ahead of CPI

Team,

It is great to be back with you! German CPI comes out tonight, followed by US CPI on Thursday 8/10. Buckle up!

-Andrew

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10Y and 30Y Treasury Futures

These are the two most important charts to have on your screen when CPI comes out on 8/10. We are trading very close to the Fall ‘22 lows, and the inflation data will be make-or-break.

Equity Dashboard

Equities advanced despite continued weakness in bonds and the duration sensitive ARKK ETF.

Index MTD August Performance

The indices are experiencing a minor pullback in August.

Index After Hours Price Action

ES S&P 500 +.02% - Below 20-day SMA & 5 EMA retest

NQ Nasdaq +.01% - Below 20-day SMA & 5 EMA retest

YM Dow Jones +.01% - Above all key moving averages & Monthly POC reclaim

RTY Russell 2000 +.00% - Below 20-day SMA & 5 EMA retest

Economic Data

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