Feb 2nd analysis and watchlist

Crypto/FX Markets

Equty markets

Stocks

Watchlists

https://docs.google.com/spreadsheets/d/1RVH-Zw-BXyuaLue0eIb2hzMJF30oNVLQXHAzBoydQYI/edit?usp=sharing

My Thoughts

Smaller list than normal today for all the charts I share. This isn’t me being lazy I went through the same few hundred charts I do to build this blog post every night. Its simply a symptom of the market. When we are rallying like this everything is up. This means that if your looking for stuff pulling back or basing now your picking the weakest names in the world.

Same with watching ETF’s anything not rallying sucks.

This is why in the room today I used the sniper analogy for trading. When the market was selling I was making large lists of stuff holding up well and removing things quickly when then joined the selling. The list was always long and rotated a lot. We took our shot in a lot of stocks as the market rallied and these moved off the support levels we were watching.

Now we are back in waiting mode while we wait for those stocks to reach profit zones or trail out. Then we will repeat the process as the market or stocks within the market setup.