Quick Market Kickoff: Futures & News
- • S&P 500 & NASDAQ Futures: Trading higher; gapped up, holding above key VWAP levels.
- • Tip: Even if you’re not trading overnight, anchored VWAP levels act as useful reference points.
Crypto Focus: Price Action Rules
Bitcoin, Ethereum, Solana, XRP
- • Currently 100% long: BTC, ETH, and SOL (with small XRP).
- • No wild price targets—risk management is king.
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- • Stop/loss under key support (2% max risk).
- • Reduce or exit if price breaks below critical anchors.
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Equity Setups: Anticipate, Don’t Chase
- • Many tickers are up 20-40% weekly. If you missed the move, don’t force trades.
- • Common traps: Buying extended stocks in runaway markets.
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- Wait for consolidations, pullbacks, and higher lows before entering.
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Smart Risk Management Checklist
- • Where did the stock come from? Extended = more risk.
- • Know potential resistance.
- • Always set stops under recent lows.
IPOs: Anchored VWAP Strategy in Action
IPO markets are heating up, offering fresh trading opportunities—if you know the rules.Core IPO Patterns
- • Big early rally → shakeout below VWAP → new move begins when price retakes VWAP.
- • Wait for consolidation, then buy at the first higher low above VWAP.
Wrapping Up: How to Approach This Week
- • Don’t chase extended moves; anticipate setups instead.
- • Always ask: Where has it come from? Where can it go? Where’s your risk?
- • If you missed a breakout, wait for a reset.
- • Use objective tools like anchored VWAP to track who’s in control.
