Hello Everyone, Here's my newsletter for Tuesday both in Video and standard format.
- Tuesday's Newsletter Video Format - best viewed in 1080 on a desktop monitor or large tablet (not a phone)
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Tuesday's Newsletter standard format - good for listen to individual audio trades and chart URL's to our charts
Quick Notes: The major indices all closed gains once again, albeit small gains ranging from 0.2% to 0.4%. No new DVT's were generated for the KISS charts and obviously no changes with the trend. That said we now have a Demark 13 sequence on the daily charts of SPX and QQQ, therefore short term we're over bought. Also the CPC, Put/Call ratio closed at 0.72, which is quite complacent.
Wednesday FOMC!
Crypto currencies and related stocks (MARA, GBTC, HUT, ETHE) all posted solid gains. MARA has a perfect coil pattern that provided an objective long entry.
Nice pullback in the precious metal stocks, I'm still monitoring to see if a higher low can be established since GDX did break symmetry on the rally off the Sept lows.
I added a few new setups, though it was difficult finding new long setups so take that to heart.
Matt