Hello Everyone,
No video tonight as I did two of those on the weekend.
Bifurcation day with the Dow Jones down -0.5% and the S&P 500 basically flat, while the Nasdaq was up about 0.7%. Today the strength was in the tech and semiconductor areas, and of course various commodities like Copper, Natural Gas, and Precious metals followed through. Otherwise, NOTHING changed from my weekend newsletter analysis. NVDA earnings on Wednesday after the close will be important. The trend in the market is strongly up, otherwise one thing to monitor over time is the weekly RSI and MACD divergences that are starting to set up now.
Strong move higher in crypto, especially with the trade ideas we've had on the list: MSTR, CLSK, and ETHE from last week.
The trading systems continue to kick ass form the recent MES Breakout system long, to the KISS Trend following systems.
have a great night!
Matt
