Market Analysis and Trades for 8/14

Just a Hangover Day or Something More?

If you are looking to join the Discord (now separate from the newsletter) please see here: JOIN THE DISCORD Please email help@pharmdcapital.com if there are any technical issues. Plans/levels will be posted in the Discord so the Discord option includes Substack content but a new Substack subscription does not include Discord access.

Be sure you have read the Starter Kit, including the free section even if you’re a paid subscriber. Trading Doggy Style Starter Kit

The weekly post for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. Market Analysis for the Week of 8/10

Today’s profile had some bearish characteristics and I find myself a bit more cautious than I would expect for a day 1 breakout. I am currently long so I don’t say this out of bearishness, simply caution. Perhaps today was just a hangover day after a large gap up. We have seen that numerous times recently, after all. I believe the NQ profile for the week will be the deciding factor. In the meantime, there are some excellent trade setups in front of us.

Paid Content Below or in the Discord

JOIN THE DISCORD