There are names on our watchlist that we’ll look to enter trades once the hourly structure cleans up and our bullish criteria is met.
TSLA is one of the stronger names in the market, trading back above its daily 21 exponential moving average (EMA). We’re seeing a nice push with no lower time frame sell signals. In terms of structure, this is a huge step in the right direction for TSLA, as it started trading above the weekly 21 EMA on Friday.
AAPL is in a similar structure with bullish lower timeframes as it tries to repair its weekly chart.
In the video above, we’ll observe what to pay attention to in a bearish market attempting to “add more bullish gas in the tank and apply the Big 3 signals to our SPY and QQQ analysis.
Stay Focused!