Trading Watchlist:
1. SOXX
SOXX’s has now started to decline strongly as anticipated. However, it has still got a bullish price action structure on the 4 hour timeframe, even though its weekly Stochastic RSI looks almost ready to completely decline.
So, the learning point:
The weekly timeframe Stochastic RSI can act as a very good early indicator of a possible strong decline even when the 4 hour timeframe lagging span is no where near the bullish diagonal trendline.
2. DG – analysed.
3. PLTR – analysed.
4. HOOD – analysed.
5. AMD – analysed.
6. NFLX – analysed.
7. FDX – analysed.
8. CMG – analysed.
9. IYT – analysed.
10. LINKUSDT – analysed.
11. BTC – analysed.
12. BABA – analysed.
13. BIDU – analysed.
14. TIGR – analysed.
15. BTC.D – analysed.
16. IWM – analysed.
17. DXY – analysed.
18. QQQ – analysed.
19. UVXY – analysed.
Next Action
- Listen to AI audio “Law of Wealth – Neville Goddard” to carry on conditioning your mind.
- Listen to “The Disciplined Trader” smart next actions to continue training your trading mind.
- Continue to monitor the price action movement of BTC every 4 hours.
- Continue to monitor the price action movement of BTC.D every 4 hours.
- Continue to monitor the price action movement of LINKUSDT every 4 hours.
