Rally day, QQQ broke out of the trend line and rallied to 20/50 MA dual resistance. Might see some pause here. Nice opportunities on watch list names like CAN, VUZI, RIOT, QS, TIGR, PDD, MARA, JMIA. Focus will remain on beaten up individual stocks . Follow me on Twitter for real time trading setups@szaman and …
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Every asset is in a period of consolidation or trending. Market cycles apply to stocks, cryptocurrencies, futures, and any other market. Mastering market cycles will allow you to understand the big picture of any asset, and give you an edge over most traders who trade solely on emotion and hype. As momentum traders, we want …