Hello Everyone,
Quick Notes: Clearly no changes from what I discussed on the weekend regarding the major indexes. After an abc pullback in the morning the market recovered and staged a nice rally with the SPX gaining 0.65%, the Dow +0.5%, the Nasdaq 1%, and Small Caps 0.4%.
Crypto currencies, which rallied on the weekend all gave back gains today with Bitcoin currently around $56K. Commodities mixed with the energy area closing down, while the agriculture area posted gains. Uranium and related stocks enjoyed a strong up day, remember I'm long term bullish on this sector. Precious metals also had a nice day.
I also added a handful of new trade setups
Best to your evening,
Matthew Frailey