![\"\"](\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/08\/SPX-15_Aug_2022_07_06.png\")
<\/p>\nSPX<\/b>\u00a0futures are -25 after hitting a high of 4280 Friday. This active sequence has paid traders to buy dips and rotate between sectors. There's been a ton of participation. SPX took back over half of the corrective phase which was impressive.<\/p>\n
<\/p>\n
Today, we'll see how we digest. The Oscillator hit +59 (overbought is +40). I'd think 4200-4220 holds this week if they want to keep this active sequence intact.<\/p>\n
Now let's dig into some of the more speculative names on my radar:<\/p>\n
GOEV<\/b>\u00a0has a decent lower-level chart pattern. Some of these types of names are working. I bought some Friday. It needs to hold $3.90. Above $4.30 and I may add.<\/p>\n
DNA<\/b>: I bought some last week and trimmed into the ramp-up. It needs to hold $3.20<\/p>\n
PETZ<\/b>\u00a0had a few volume spikes. It needs to hold $2.40. See if it clears $3.17 on volume.<\/p>\n
GROV<\/b>: I bought some vs. the $4.60 area. Watch here for a volume spike.<\/p>\n
BLUE<\/b> was great from the $4.75 area to $7 Friday. I'm smaller but staying with it for now.<\/p>\n
Scott's Positions Disclosure<\/strong><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" SPX\u00a0futures are -25 after hitting a high of 4280 Friday. This active sequence has paid traders to buy dips and rotate between sectors. There’s been a ton of participation. SPX took back over half of the corrective phase which was impressive. Today, we’ll see how we digest. The Oscillator hit +59 (overbought is +40). I’d think 4200-4220 holds this week if they want to keep this active sequence intact. Now let’s dig into some of the more speculative names on my radar: GOEV\u00a0has a decent lower-level chart pattern. Some of these types of names are working. I bought some Friday. It needs to hold $3.90. Above $4.30 and I may add. DNA: I bought some last week and trimmed into the ramp-up. It needs to hold $3.20 PETZ\u00a0had a few volume spikes. It needs to hold $2.40. See if it clears $3.17 on volume. GROV: I bought some vs. the $4.60 area. Watch here for a volume spike. BLUE was great from the $4.75 area to $7 Friday. I’m smaller but staying with it for now. Scott’s Positions Disclosure <\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-63449","post","type-post","status-publish","format-standard","hentry","category-scott-redler-dog-bytes"],"yoast_head":"\n![\"\"](\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-15-at-9.13.02-AM.png\")
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