August 4th analysis and watchlist

Aug 3

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

Was little worried this morning with us breaking under that resistance line on the SPY and RSP. But we were once again met with buyers as long as we hold over this area this is bullish consolidation action.

I always think of trends like a fat guy running up hill. If there are not ample breaks taken along the way it can lead to disaster.

Michael Nauss