Hello Everyone,
Quick Notes: The major indices all moved higher today with the QQQ making new highs. The SPX moved up near the top of it's recent range while IWM continues to consolidate within its recent range. Monthly payroll report tomorrow.
Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to re-examine each night. Consider making a fresh top 10-12 setups each night and put on front page along with existing trades. My advice is to keep your total ideas to a manageable number. Lastly, it's best to wait at times for valid setups to form - sometimes less is more.
Please take a moment to look at the trade ideas.
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8/5: SPX daily DVT = 4296 , SPX 2 day DVT = 4260, Weekly DVT = 4057
QQQ daily DVT = 355.8, 2 Day QQQ DVT = 348, Weekly QQQ DVT = 325.2
