A good setup is rare

It doesnt matter how good the setup is when the market is weak, a trend is almost impossible. The best stocks lead a strong market so wait for the follow through day and ride the leaders.

Look for relative strength within the same pattern as SPY/QQQ. If SPY/QQQ is below the 200 day and a former growth leader is above the 200 day…..look for an entry!

HOOD, PLTR and CVNA where former leaders but they held above the 200 day. When the SPY was below the 200 day and bounced they rallied. Even though the SPY 200 day and 50 day was slopping down they kept rising.

They all broke above weekly highs on the same day as the SPY but the former leaders ran further! Relative strength is key! The follow-through day on the SPY is a signal for traders/investors to get in to best stocks (HOOD, PLTR & CVNA)

Anticipation is key but only in the right stocks, at the right time. Those boxed off multi day ranges once they break is what is important. The best trends leave boxed ranges with a bullish engulfing candle. How the range break candle closes is key. It must be full body close into highs. Anything else is lacklustre move.

Growth stocks are key!!