Last week the bulls made progress in comparison to where the market traded on Thursday morning. On Friday, the QQQ traded above the daily 21 exponential moving average (EMA), and the Big 3 Indicator printed green signals on the 15-minute and 5-minute time frames.
The focus next week will be on names with 15-minute squeezes and a bullish Big 3 buy signal. Keep in mind we are in a downtrend, so this depends if the QQQ can hold strong and these squeezes fire long.
In the watchlist video above, we’ll review the overall market and discuss trade ideas in AAPL, TSLA, PEP, and more.
Sign up for my free webinar on Wednesday, July 20th for a full breakdown of my Big 3 indicator, how I scan for setups, and a special bonus announcement.
Stay Focused!