August 3rd analysis and watchlist

Aug 2

Written By Michael Nauss

Crypto Markets

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Equty markets

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Stocks to watch

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Watchlists

https://docs.google.com/spreadsheets/d/10kNQs4xNTopAAbojC7VOffPA1_5duEA7k5rJL6nDtiE/edit?usp=sharing

my Thoughts

Another bearish candle in the RSP today. However as long as we hold over the breakout point we have to remain bullish.

Note that simple breakouts are rarely clean so I would not be shocked to see some backing and filling. Also that we are still in the middle of summer so choppy action is probably going to be the norm. Generally speaking these seem to get better after labour day.

Michael Nauss