1. US10Y – look like it is almost time to start adding additional capital to the TLT trade, in due course, in light of US10Y declining as anticipated:
2. TLT:
3. BIDU – analysed.
4. SFM – analysed.
5. COST – analysed.
6. WMT – analysed.
7. JETS – analysed.
8. UAL – analysed.
9. AXP – analysed.
10. BTC – analysed.
11. MARA – analysed.
12. PALL – analysed.
13. CMG – analysed.
14. UVXY – analysed.
15. DG – analysed.
16. INTC – analysed.
17. SOXX – semi-conductors looks very weak even though the price action is still ranging.
18. MU – analysed.
19. AMD – analysed.
20. QCOM – analysed.
21. XAUUSD – no man’s land on the daily timeframe: in other words, do not trade.
22. LTCUSDT – analysed: seems like money is leaving Bitcoin to go into the Altcoins (the start of Altcoin season I wonder?).
23. DXY – keep an eye on the DXY and UUP as a possible great short entry may present itself:
24. UUP:
25. RUT – analysed: still bullish.
26. FDX – analysed.
27. NATGAS – surprisingly still bullish in relation to the 4 hour timeframe.
28. USOIL – ranging.
29. LIT – wanted to open a LIT short position, but eToro would not enable this to happen at the moment:
Learning Points
- TLT – very important to wait patiently for the TLT to pullback before adding additional capital to the trade.
- LIT – eToro will not allow traders to short some ETFs or stocks when the relevant market is extremely volatile.
Next Actions
- LIT – Consider scaling into a short position in relation LIT if eToro allows this type of trade to be possible.
- Update new trading spreadsheet with your latest winning or losing trades.
