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Stocks Set To RALLY, 1 Position

08/02   @ 8:20am

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)

ETFs:  None

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Disclosure: 1 position (subscribers only)