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Market Model #PTMM (NDX 100)
Finally, we’re breaking out of that large base we’ve built since March 1st. That breakout leads me to believe we might see some broadening participation, especially in the tech/growth space.
We also see MCSI crossing above the 10dma as participation tries to widen outside only large/mega-caps.
The Tech/Growth sectors look the strongest, and that price breakout seems to be confirmed by both Breadth and momentum, which adds conviction to the new potential opportunity window taking shape here.
Promising & Exciting week ahead.
$CRWD - CROWDSTRIKE HOLDINGS, INC. (LONG B/O setup)
Weekly
It was a tight three-week period as we digested the base breakout post-earnings. We are still above the PEG_AVWAP, and the 5wma caught up last week.
Daily
Three tight days inside last Monday’s range, as we continue to tighten and build higher lows on the right side of that tight wedge.
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