Joining us right now with a technical look at the market is Katie Stockton. She's Fairlead Strategies founder and a CNBC contributor. And Katie, what do you think.6,300 um closing above that, but it's been a pretty steady march higher for these markets. Um people wondering if they're overbought or if you think this momentum could Yeah, I would even argue that it's been remarkably strong. I mean, we've had barely a pullback since May into June.And I think things changed towards late June when we saw this gap ...

#ETC gained 13% in pure growth — all thanks to our indicator, which showed we were in the support cloud where the price bounced perfectly. 🔥📈https://t.co/fqdkzySTqi https://t.co/zBYjsos5NgMarket Spotter (@MarketSpotter):#ETC has broken above the cloud, which signals bullish momentum building up. Price action is forming a breakout from the triangle, pointing to a possible continuation. IF WE HOLD ABOVE $16.5, NEXT TARGETS COULD BE $17.2 AND BEYOND. 🌩️📈 https://t.co/MFXgzpgJGW ...

Market Trend - Bitcoin's recent breakout from a 9-month sideways range is minor compared to future movements [1] - The next trading range for Bitcoin is projected between $120,000 and $150,000 [1]

Market Trends & Analysis - The S&P 500 has experienced a nearly 25% increase since its three-month closing lows, marking one of the fastest recoveries on record [1] - A confirmed breakout to new highs has been observed, suggesting continued upward momentum, although with a potential loss of momentum relative to the initial surge [2][3] - Mega-cap technology stocks experienced a push higher at the end of June, potentially resembling window dressing, followed by a rotation where oversold market segments gained traction [5] - The dollar index exhibits a downtrend, having broken through long-term support, while the Euro shows a major breakout, indicating a potential strengthening trend [13][14] Company Specific Analysis - Amazon exhibits a golden cross in its technical charts, coinciding with Prime Day, although golden crosses are noted as poor short-term market timing devices [6] - Madna is identified as a long-term turnaround play, breaking through short-term resistance and presenting a relatively oversold opportunity [7][8] - Nvidia's extended up move continues, approaching a $4 trillion market cap, while Microsoft's market cap is around $3.7 trillion and Apple's is close to $3 trillion [9][10] - Oversold semiconductor equipment names are of interest due to their potential for benefiting from their relatively oversold condition as they approach their earnings reports [11] Investment Strategy - Waiting to add exposure is advised, favoring quality stocks during the next pullback following the S&P 500 breakout [2][7] - Honoring breakouts to new highs is crucial, even when indicators suggest otherwise, emphasizing the importance of price action [3][4][10] - The focus is shifting towards relatively oversold opportunities, particularly names advancing from downtrends and breaking through short-term resistance [7][8] - While Nvidia and Microsoft show strong momentum, the industry is more interested in oversold semiconductor equipment names [10][11]

#Bitcoin breakout loading... https://t.co/LM7d7UXRFg ...

This #Bitcoin consolidation is about to initiate a massive breakout to the upside!🚀 https://t.co/Bj1kK8tOx2 ...