Spent sometime sieving out new RS and HTF setups to refine the watchlist from the last 2 days of correction. Worth to note that all 3 major indexes have a much more lackluster performance for yesterday’s session on the equal weighted level, with $RSP and $EQAL breaching 10 & 50-MA in a single session. $MMTW has been below 50% level for the 13th consecutive session. Thanks for reading. PS: If you enjoy the above curated article, you may follow me on twitter (@jeffsuntrading) to get daily market diary, trading ideas and market updates.
8/3/2023 Market Diary
-Further correction frm 20-MA rejection, all major indexes have much more lackluster performance on equal weighted level. $RSP $EQAL already breached 50-MA – Sieved out new RS and HTF names & setups – $MMTW$COPX out $JETS in pic.twitter.com/Y1oQrFl6HB — Jeff Sun, CFTe (@jeffsuntrading) March 8, 2023