Alex's daily Market update & Focuslist - 03/13
Market waits for a catalyst - Could PPI report be it tomorrow?
Good evening!
Enjoy tonight’s daily edition.
I also removed some sections that I will only include in Sunday night’s weekly edition report in order to lighten the daily updates.
Alex ✌️
Tonight’s daily report content
PrimeTrading Market Model #PTMM + Takeaways
General Market Analysis: NASDAQ - S&P 500 - RUSSEL 2K - OTHERS, including my daily levels & my bullish and bearish scenarios
Market Internals
Sectors & Themes Analysis
Focuslist including setups, alert levels & explanation (long & short)
Leaders list + Scans (technicals, fundamentals & potential TMLs)
My Portfolio Update
Economic Calendar
PrimeTrading Market Model #PTMM
Another near-flat day, the 4th in a row. Today was positive, but barely.
The 5-day ratio did not follow through right away, which shows indecision.
NNH increasing
MT_momo hook-up attempt
Price flat below ATH
MCSI still uptrend & above 10dma
The trend remains up, and a move is certainly coming soon with how tight the price, breadth & momentum are right here. The PPI inflation report tomorrow morning could help swing this market. Either way, let's not fight it and follow price action!
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