Let's Trade

7/14/21 - Another CHOPPY day


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Markets gap up, in the green so far but extremely choppy and struggling to find direction one way or the other. SPY looks to be in slight downtrend though.

Every large cap company that reported earnings well above expected today are tanking so far. Goes to show that the CHARTS are the best indicators of market sentiment as opposed to news, earnings reports, press conferences etc....

Bitcoin bounces off the 32k support range, can it keep the momentum going up? Not feeling too optimistic but we will see...

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Let's TradeBy Derek Hutson