Highlights
- Despite the potential for volatility inducing headlines in coming weeks, market structure and leadership remain in good enough shape to remain at least tactically constructive.
- The majority, albeit only a slight majority, of charts are trending higher across all timeframes, with clear uptrend being the largest medium-term (monthly) trend stage for 26 of 29 MOTR Groups.
- This leaves us wanting to lean into oversold conditions, fishing for leading stocks in leading groups and industries.
"Fishing Where the Fish Are."