TLDR: The Russell 2000 closed under the 50-day on a downside engulfing reversal, and the rule is to stay out until that index is back in an uptrend. Eight deep dives and a longer honorable mentions list stay ready in case two or three huge days change the tape.
Welcome back to the Weekly Trading Plan. Here’s what we’re covering:
Market Pulse. Russell under the 50-day after Friday’s engulfing reversal, and what that does to new buys.
Software and platforms.
Healthcare names.
Space and newer issues.
Crypto and related.
Honorable Mentions. A longer list of names worth watching.
Closing Thought. Sideways markets wear you out.
How we trade these names. This is not financial advice. Be sure to do your own research. Managing risk should always be your priority, and that means never blindly buying into names you see on a newsletter. Build your system and follow your rules.
