The NASDAQ faded into the close.
Normally, that means the market could pullback, because it is a bit extended here.
The Short-term trend (<4 weeks) remains UP… BUT we are slightly extended.
The Intermediate-term trend (1-4 months) = UP
The Long-term trend (4 months to >1 year) = UP
Current True Market Leaders:
AFRM @ $101.5 with a protective stop
Current Best buy idea:
U @ $129.10 with a protective stop
MELI @ $1899.43 with a protective stop
DVN @ $30.55 with a protective stop
Not TMLs but offering a legitimate buy point: Sell and take quick gains:
Ethereum (ETH) is out and likely to make a new high soon.
Bitcoin (BTC) is likely to blow out over $50500 in the next 48 hours
But ETH is the clear leader!!!
PS: September’s LIVE event will be after Tuesday’s close. The details will be published here in a few days.