July 9th analysis and watchlist
Crypto Markets
Way more bearish than bullish buy I wouldnt be trading anything until we break out of one side.
Equty markets
Buyers still coming in the afternoon. For the last few weeks.
RSI getting to oversold area
Stocks to watch
Watchlists
https://docs.google.com/spreadsheets/d/1OB0asGX0O6Ri2aX2RDPvgwFUlmQOSmO8RCESaYriE7E/edit?usp=sharing
my Thoughts
Well, that was fun…..
A small sell-off relatively speaking was met with buyers like the other action we have seen recently.
This pattern of early sell-off met with afternoon buyers holds. The is an old Wallstreet saying. “amateurs open the market and professionals close it. So far all we have seen is pros buying and amateurs selling.
This might be a precursor for next week when earnings season starts back up.