Alex's DAILY Market update & Focuslist - 04/04
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Good evening!
Enjoy tonight’s DAILY edition.
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
After today's action, PTMM is back on a PULLBACK signal, and we have some clear warning signs.
MCSI flipped below the 10dma signal line.
NNH should drop considerably tomorrow.
PTHL flattening.
The price breaks the 21dma, but it is still above the 50dma.
Momentum hooked back down, and the 5 & 10-day ratios are both negative.
For me, that PULLBACK signal is a call to step back and watch from the sidelines until we gain clarity.
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