Monday 7/31/2023

the boys at mission control must have taken the day off

Intro

Friday

SPY above high volume trade box. New level at 457. 452 must hold all pullbacks for bulls.

QQQ new level close to 384. 376 must hold all pullbacks for bulls.

Macro trend bullish, normal uptrend.

Realtime prints

• High volume GOOGL

• High volume SMH, watch 160.25

• AAPL has some volume at the highs, watch 196 (and also “Big Devil” aka 193.10).

Close prints neutral.

After the bounce on Friday, we are back to a place where I have no bias. The Friday prints do not have much to scare the bulls. Watch the clues posted above.

Monday

They boys threatened downside all day long and pretty much ended up where they started.

SPY PRINTS

More trades at 457