Alex's daily Market update & Focuslist - 05/18
The market follow through and show constructive action
Good evening guys,
Let’s get ready for tomorrow!
Alex ✌️
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GENERAL MARKET ANALYSIS
NASDAQ (NQ_F) Daily
Price Action Analysis:
NQ blasted through the 13729$ level and made a new 52w high today. This is really impressive action as the uptrend continues.
We remain in an uptrend, above all kma’s.
RUSSELL 2K growth (IWO) Daily
Price Action Analysis:
IWO followed through today and closing right at the 228.45$ range level we watch closely for some time.
I still want to see a 228.49$ range breakout to confirm that new uptrend, but this is 2 solid day’s action.
S&P500 (ES_F) Daily
Price Action Analysis:
Stage 1 base breakout attempt.
In the following sections of tonight’s letter, I’ll cover essential parts of my daily routine & preparation for tomorrow’s trading session.
✅ PrimeTrading UniverseList BREADTH
✅ My overall current market Takeaways & GAMEPLAN for tomorrow
✅ My daily Focuslist, including setups, alert levels & explanation (LONG/SHORT)
✅ My Portfolio update
✅ Sectors Review
✅ Market Breadth & Internals
✅ Economic Calendar
✅ Prime Model spreadsheet (PT_database)
✅ Leaders list (technicals, fundamentals & potential TMLs)
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