TMAD Spotlight: Dollar and Trades
Hi everyone,
Summer chop continues. The NYMO and NAMO (NYSE and NASDAQ 100 McClellan Oscillators) suggest tech could move a bit lower as selling pressure persists. We’re also below the 50-day moving average, which isn’t a bullish sign.
Technicals indicate that oscillators and internals may reach extreme oversold levels by Wednesday. Stay safe and be selective with your trades. Tight stop losses aren’t ideal in this summer environment. Using wider stops, different options, or basket strategies makes more sense. Sitting on your hands is also fine until we get clearer direction, which could arrive sooner than 2–3 weeks.
If you’re an active trader, we actively trade real-time options and futures in our Discord. DM me if you’re interested in joining.
The trade log is just a guide to trade setups, and it’s delayed; we do not do live trading on Substack, which is impossible. This is only a newsletter.
Also, every paid member has access to our TMAD.app, so use it to get your data. We are constantly developing new features, and the development costs are high.
Thus, at midnight PST tonight, we will increase the price of our product.
Right now, it’s $59 per month, or $590 for the year (which works out to just $49.17 per month). At 22 newsletters per month, that’s less than $2.24 per letter — or roughly $1.62 per day. This is the last deep-dive letter before prices go up on Tuesday, July 21st to $69 a month or $690 a year. But if you subscribe before tonight, Substack locks you in at the current rate for as long as you stay subscribed — even after the increase.
