Trade Plan for the week of 8/2

Geoff Bysshe | August 3, 2016

Market Bias: Neutral. SPY and IWM broke their 10-DMA, but QQQ only closed under prior day low. 30-min. O.R. breakdowns are now very negative, and the market bias shifts to negative if that happens. The bias will be come even more negative if the markets break their O.R.'s and move below the prior day low. However, there is a good chance the market could head fake and move higher. More details in the video. Longs:

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