Trading Watchlist:
1. UVXY
Submit a UVXY long (in accordance with its daily timeframe) as soon as possible.
2. TIGR – analysed.
3. BIDU – analysed.
4. CVNA – (analysed) continue to analyse this stock everyday:
5. USOIL – analysed.
6. UCO – analysed.
7. WBA – analysed.
8. CMG – analysed.
9. TSM – analysed.
10. DG – analysed.
11. WOLF – analysed.
12. BIIB – analysed.
13. MRNA – scale into a MRNA long (in accordance with its weekly timeframe) as soon as possible:
14. US10Y – expecting the US10Y to move sideways for the next week or so with a downside bias in accordance with its daily timeframe parallel channel. This should, technically, cause the stock market to do likewise (range) with an upside bias as they are both highly correlated. Let’s see how this plays out.
15. QQQ – analysed.
16. WMT – analysed.
17. INTC – analysed.
18. FDX – analysed.
19. RUT – analysed.
20. SOXX – still ranging.
21. PALL – start scaling into a long-term long PALL position in relation to its monthly timeframe:
Learning Point
- CMG – the Kijun worked perfectly for detemining when to scale into a short with a strong price action declining pattern.
Next Action
- Scale into a UVXY long in relation to its daily timeframe as soon as possible.
- Watch the latest “Verified Game Plan”.
- Scale into a MRNA long in relation to its weekly timeframe as soon as possible.
- Scale into a PALL long trade in relaton to its monthly timeframe.