First Fellow
2026.08.17 13:16

Market momentum is still on our side. That does not mean we buy everything at the open.

My filter for a strong trend day:

1. Index is holding its short-term averages

2. The stock is already in its own uptrend

3. It is near an entry, not 15-20% extended from the breakout or 9ema

4. Volume confirms. No weak breakouts

If it fails that list, I leave it. Most of my money comes from sitting out the junk and pressing the few names that are actually working.

I’ll post the ones that clear this during the session.

$SPY $QQQ $IWM

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