Pristine Market Analysis & Watchlist 8/22

Treasuries bottoming!

Team,

NVDA reports earnings tomorrow, and Powell reports at the end of the week. Let the games begin.

-Andrew

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Treasuries

10yr treasuries are still testing their November ‘22 lows.

30Yr treasuries came just shy of testing the ‘22 lows before finding…buyers! Small step in the right direction. We’ll take it!

The MOVE index cooled off.

FX

The dollar index continues to look menacing as it lives above the 200-day SMA.

Equity Dashboard

Equities attempted to bounce but to no avail. We finished the session with 36.5% advancers.

Equity Index MTD August Performance

The indices are experiencing a pullback in August.

Index After Hours Price Action

ES S&P 500 +.15% - Below 50-day SMA & Testing June POC

NQ Nasdaq +.22% - Below 50-day SMA

YM Dow Jones +.15% - Below 50-day SMA

RTY Russell 2000 +.22% - Below the 50-day SMA

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