FRIDAY JULY 21

Today is Friday and this week has seen a lot of trades setting up and following through.  Let's take a look at some of the action...

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Thursday July 20- ENERGY NOW PERKING UP TOO

Things are really stacking up for traders and investors now. As mentioned in prior reports, and proven true on a day to day basis, Metals, Energy, Solar stocks, Precious Metals, and more are all signaling good things to come.  Let's get right into it...

   

NASDAQ - The NASDAQ has moved higher for 9 straight days.  It even gapped open on Wednesday. We got a 'safer buy signal' on the move out of the lows above the 50sma last week, so...

If you entered TQQQ you are up 11% in 8 days. Not bad for a fairly safer trade.

I do want to mention 1 thing though....

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Wednesday July 19

 

SPX - Going long the break out is still working with a loose trailing stop, after this long sideways consolidation. The SPX held the 50sma in the recent drop.

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