Market MATH & Watchlist: 6-July-2025
Hard-Easy Money| Bias: Resumption of the uptrend but wary of a longer/deeper base.
MATH: Momentum Anticipation and Trend by Homma:
MATH last week: Click the link
The most comprehensive article on Breadth and Anticipation:
As technical traders, we
“Anticipate, but confirm. Wish, but only react.”
Short-term: “Percentage of stocks above 10/20-DMA”
Medium-term: “Percentage of stocks above 50-DMA”
Long-term: “Percentage of stocks above 200-DMA”
In the short term, bullish and mild pullback.
In the medium term, bullish and trending up.
In the long-term, approaching bullish regime and trending up.
Momentum:
Homma Mswing Score: (basal Momentum)
Mswing score after pulling back is trying to find a bottom now.
This is a positive action.
Landry Daily: (hard Momentum. Momentum Bias for Swing Play)
Hard momentum crawling up.
This is a positive action.
Landry Weekly (Momentum Bias for Positional Play):
Landry momentum is trending Up.
This is a positive action.
Net4% Movers:
Stayed above 0 the whole last week.
Bullish.
N50:
After a BOB (Bullish on Bullish) Breakout, it has pulled back to test the breakout zone and kiss the 10DMA.
Bias is of a bounce.
Looks poised to challenge the ATH.
Anticipation:
Nifty Midsmall400 currently sits a broad DTL resistance which I believe is also the significant resistance of the O’ Neil base.
And since, we are still trending above the key MAs, the bias is of a breakout and the uptrend to continue.
Positional bias = Easy Money.
2 weeks ago on HPA Weekly, I discussed this set up. Why in my opinion this is the best set up for a positional trader and what is the complete system to trade this. Watch here.
We also discussed IPO base Breakouts last week on the System Masterclass.
PS: Anticipations are often wrong, and biases should be adjusted after every candle.
If you dont know this already, I update my Market MATH every day on my website under the BREADTH section. Please check in every day post-market.
Group Strength:
Sectoral:
Defence has been basing but is still a leading sector. Looks poised for an up move.
Autos/OEMs has clear strength.
Power setting Up.
Renewed strength in Pharma names.
Index:
IT, Oil, small caps looking good.
Watchlists:
Follow the Strongest Stocks (the RS 100 and RS 100 Liquid watchlists below):
Find Tightness candidates from Tandem Inside bars and Tandem Low ranges.
https://www.sakatashomma.com/scanners
Renewed interest in IPO bases. So watch out.
Find my Actionable list for the week below.
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