Alex's DAILY Market update & Focuslist - 03/25
Market keeps digesting FOMC reaction as we can't build momentum from here.
Good evening!
Enjoy tonight’s daily edition.
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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
A bad close turned today's breadth negative. We really can't follow through, and we've been digesting the FOMC's move since then.
MCSI turned back down - needs to be monitored.
Upside_momo new low
Price back to retest recent base high.... It could be a potential bounce spot tomorrow/the day after.
The market remains strong and in an uptrend despite very thin participation and no momentum at all. From here, the market either needs to clutch in second gear, or we might have seen a false breakout on FOMC reaction. The next few days will tell.
I am still following my setups & my positions way above, looking at indexes right now.
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