August 17th analysis and watchlist

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/1Ex-aSDy5oJ19nXDw5DaoPeAg24no0LuVVfa84qPPU0w/edit?usp=sharing

my Thoughts

Is there anything that can bring this market down? If you were reading the news over the weekend and sure that we are going down based on it then ill remind you this is why I don’t trade off news.

HOWEVER

One thing I think we can trade off of with news is when the price reacts opposite to what we expect. When something sells off with “bad news” or rally’s on “good news” this often means that people where using the news to place trades as if you wanted to put in a huge order to buy today is was the day with lots of sell side liquidity.

In todays case this is exactly what occurred. So thats why I think this close was a very bullish one.