Pristine Market Analysis & Watchlist 12.18

📈Riding the wave of bullishness

• Indices consolidate to 5-day EMA’s

• Individual stocks continue to set up!

Team,

Individual stocks are continuing to decouple from the headline indices despite seemingly negative geopolitical headlines. Trade the market in front of you!
HAGE 🍻

-Andrew

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News/Economic Data

Energy

Considering the headlines regarding the Houthi rebel attacks in the red sea, the price action in crude oil was tame✅

FX Market

The price action in the dollar was also muted, reflecting a market that did not price in any significant geopolitical risk✅

Treasuries

The TLT is going through a much needed pullback/consolidation. Since this uptrend began, buyers have stepped in at every retest of the 10-day EMA. If you are looking to jump aboard this trend for a trade up to the $101.40 VPOC, look for a retest of the 10-day EMA 👇

Equity Dashboard

The megacaps cooled off and the IWM small caps took the baton👇

Index Price Cycle Monitor

The indices were so extended to the upside that their respective 5-day EMA’s are only now catching up to price 🔥

Index Performance Monthly

The IWM small caps are up a whopping 10.04% for December. Let that sink in…👇

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 - Our trading plan

✅ Today’s Trade Blotter and Position Update

✅Daily Watchlist - We scan thousands of stocks and hand-pick the best reward/risk opportunities