- Ace in the Hole
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- Ace in the Hole - Edition #92
Happy Monday Traders!
Welcome back everybody, I hope you had an amazing weekend! We have a new week ahead and the market is just sitting at all time highs.
Usually low expectations during these times, but let’s dive in and see what we got for this week.
Market Thoughts
$NQ_F ( 0.0% ) Daily Chart
Not much to talk about here, soaring all time highs and no price action to the left to play with. Looks to me like we have to continue to play day by day and take what the market is giving us.
For me this has worked very well with overnight levels and previous day highs/lows of 4hr candle highs/lows.
Everything else is noise to me.
I would be careful this week guys, play what is clear and in front of you. Don’t come up with fairytale scenarios that aren’t real.
Also somebody needs to hear that all time highs have never been a bearish thing. Doesn’t mean we can’t pull back, it just means your mindset shouldn’t be on trying to find the top.
Economic Calendar
Earnings Calendar
Trending Sectors
Technology, Communication Services, and Materials were at the top of the list for trending sectors this past week.
Top trending tickers from last week:
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