Watch List September 1st

Good Morning,

Yesterday we saw some mixed action that ended up with a slightly red day for the SPY after hitting another new all time high intraday. This morning the indices are mixed in the premarket as the QQQ and SPY are green and the DIA and IWM are flat to down. We also have a VIX that is down a bit in the premarket but definitely elevating over the last few days. Overall we are still in a place to be long biased off of the trend but pretty cautious with position size as we continue to see some yellow flags for the market. yesterday I started a new swing position in CRM off of the weekly watch list, and targets of the mid 290s and stops on a close below 263.50 are right off of the watch list levels discussed in the weekend video. Here are some names that i will be watching today:


SDC made a nice move on volume yesterday and i like this for continuation if it can take out its sma200 and a key anchored vwap level around 8.35 for a push up to the mid to high $9s


WKHS is working its way over a key anchored vwap level in a TTM Squeeze. I like this on a pullback and hold of $18 for a push up to $20 or higher


BLDP is in a nice TTM Squeeze taking our a key anchored vwap level. I like this on a test and hold of that vwap level 16.30 for a push up to $18 or higher


NDAQ is building a hige shelf of volume in a TTM Squeeze. I like this on a pullback and hold of the $133 level for a push up to $140 or higher


SWKS has pulled off of recent highs but is consolidating nicely and trying to reclaim its sma20 and a key anchored vwap level in a TTM Squeeze. I like this over $145 for a test of $150 and possible break much higher

















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