June 24th analysis and watchlist
Crypto Markets
Note still under major moving averages.
200 day moving average is a do or die point for ETH
Equty markets
Often when candles get small like this it could be a short term turning point. Small candle meaning low momo at the resistance.
XLE continues its wild swings but you can see most names at the top are growth names.
Stocks to watch
Watchlists
https://docs.google.com/spreadsheets/d/1n0Lkgecm9LDu1j0CeYyDy-ix5BFRVivI4JUYNwnRUs8/edit?usp=sharing
my Thoughts
Just like we thought that candle pattern lead to a market rip. That combined with the amount of bears that was faked out on that drop makes me back to being very bullish about stocks.
Things can always change but I would be shocked if we dont hit all time highs soon.
PREMARKET update
Small little gaps outs are often the best gap ups