This morning, futures are pointing to a decisively higher opening. A rally will push major indexes ABOVE the 50 & 200dMA crossover. Must monitor volume to see if institutional sponsorship becomes present. Volume will be key in order to achieve a rally with sustainability.
Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.
Selective Chartists Positions (with BUY price): 1 (subscribers only)
Closely Monitoring: See Stocks Focus List (posted on website 07/31)
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