Nasdaq Rallies, but Bearish Indicators Warn of Pullback
#Nasdaq Comp big Up Candle. Support 21000, 20690. Resistance 22000, 22569, 22906. RSI 37 not low. 13/21 day EMAs Bearish. Top Bollinger Band 22500. Midpoint Line 21622. Bottom Band 20750.
AIM Oversold, Bullish MACD Cross Signals Possible Upswing
#AIM All Share small Up Candle and Sideways 8 days. Resistance 732, 750, 779. Support 700, 693. Could be lining up MACD Bull Cross. RSI 25 quite Oversold. Top Bollinger Band 746. Midpoint Line 721. Bottom Band 695.
SPX Bounces Above 10‑DMA, Still Needs 200‑DMA
$SPX - All previous bounces in March failed closing above the 10 DMA. Today's bounce succeeded so it may go higher but the key MA that has to be regained is the 200 DMA. Until that happens we're still in...
FTSE250 Climbs, RSI Still Oversold, Key Levels Ahead
#FTSE250 Up Candle. Resistance 21520, 21716, 22000. Support 21000, 20627. RSI 28 still Oversold. Top Bollinger Band 21938. Midpoint Line 21327. Bottom Band 20703.
Oil Futures Slip Into Backwardation as Hormuz Bottleneck Persists
With the Hormuz Strait all but closed, the crude oil futures curve is back to the backwardation levels of the first few days of the conflict. The front contract is about $23 higher than the 9th contract, indicating that the...
FTSE100 Poised for Bullish Turn Amid Doji
#FTSE100 doji Candle but up on yesterday. Resistance 10245, 10447, 10636. Support 10000, 9839, 9670. On verge MACD Bull Cross. RSI 47 near Neutral. 13/21 day EMAs Bearish. Top Bollinger Band 10296. Midpoint Line 10050. Bottom Band 9800.
SPX Q1 Rebounds Into Massive Trading Box, No Coincidence
$SPX - Concludes Q1 by snapping right back to the massive trading box. There are no coincidences. https://t.co/iY8uUWWVLA
DAX Teeters at Resistance, MACD Signals Bullish Turn
#DAX doji Candle. Resistance 23000, 23180, 24000. Support 22209, 21863. On verge MACD Bull Cross. RSI 37 not low. 13/21 day EMAs Bearish. Top Bollinger Band 23346. Midpoint Line 22700. Bottom Band 22065.
Few Can Handle >30 Volatility Both Ways
Actually, the takeaway should be that very few humans can risk manage something both ways (up and down days) when that something's Vol ramps > 30. At least this human didn't
QQQ's 3.4% Surge Unlikely to End Downtrend
$QQQ - Up 3.4% today, the biggest up day since last May. Does it mean the downtrend is over? Not so fast. In order for it to be more than a one day bounce it has to get back above...
Brent Oil Awaits Breakout Above $112.1 Amid Overbought Signals
#BrentOil Comp Doji Candle and Sideways. Needs Breakout $112.1. Support $100, $91.8, $84. RSI 71.5 Overbought but can go higher. Top Bollinger Band $111.6. Midpoint Line $102.5. Bottom Band $93.6.
Semis Begin Reverting After Today's Move
Yes, even after today ;-) Semis Are Just Starting To Mean Revert $SMH $MU #LiveTradingRoom https://t.co/AhrFbzFcVB
SPX and COMPQ Recover, Holding Above 10‑EMA
$SPX and $COMPQ both filled their recent gap downs and today's sticks back over 10ema daily
Watch QQQ/SPY Lows, XLE Highs, Stay Nimble
Watching $QQQ & $SPY recent lows and $XLE recent high for levels to trade against or to use as clues to manage risk. Bounces mean I stay nimble and quick to inch up stops and/or ladder some. Gaps...
MCD Pulls Back to 200‑MA, Shows Reversal Signals
$MCD another that pulled back to 200ma and been basing along it. Hitting head on 10ema and showing signs of reversal. https://t.co/fQ6dI3zxd1
XLI Offers Cleaner Bottom-Pick Than XLK
I see a cleaner "bottom picking" poker hand in $XLI than $XLK at the moment. https://t.co/oSKinqKxVM
Stay Ready: Prepare Charts and Alerts for Future Setups
So many charts showing potential setups in the days ahead. Many what they need is a few day of bounce and then to put in another low. May take days, weeks or never happen. All about seeing...
Microsoft Likely to Rebound Before Month‑end Reporting
Only so many days in a row $MSFT can go straight down before they try to mark it up before reporting to clients at month end
One Week Below 50‑week MA Signals Seller Exhaustion
I shared in Sunday's Thrasher Analytics note that if the S&P 500 was able to spend just one week under its 50-week MA then history has shown it's been indicator sellers were exhausted and price kept climbing. Week isn't over...
Stocks Rebound After Sharp Prior Decline
The catalyst for stocks going up for a day like this is that they went straight down https://t.co/wozXs7Sf2r
SPY Rebounds From Oversold, Signaling Bullish Momentum
$SPY - The reversion from oversold is happening. FYI - That's the bullish part...oversold isn't. https://t.co/CavnAyx1jq
Apple Tests 200‑Day Support Amid Mag7 Weakness
$AAPL is the latest Mag7 stock to negotiate with its 200-day moving average. Most of the Mag7 have failed to hold this crucial level of price support. Will $AAPL follow suit this week?... https://t.co/EUg1Bro2TV
Big‑Bank Collars Neutralize Retail Bets on S&P
Don't even ask the question. The answer is yes, it's within the collar. Think the S&P is going to rip to new all-time highs? Sorry, there's a short call at 7155 capping your upside. The hedge fund already sold it....
XLE Hits Temporary Top, 10‑EMA Support Holds
$XLE temp top yesterday with follow thru today. 10ema been the path with a few dips below only to recapture 10ema. Observation only. I do own some of the holdings in my investment/spec/gamble account no XLE in any account...
MSFT Shows Bounce Reversal; 10‑EMA Signals Uptrend
$MSFT Signs of bounce reversal. 10ema up first for level I am watching. Trading nimble and quick to inch up stops. https://t.co/DwY4MAsR0Q
Gold Holds $400; Friday Close Bullish Signal
Interesting that $GLD was the truest tell this week for today's rally. Held 400, and did not make new low yesterday. At 20sma weekly, close over this on Friday would be bullish. https://t.co/P2OGkv6lpO
Act Fast: Signals Beat Headlines in Market Crashes
The 2020 spread blowout happened in weeks. From calm to crisis. If you waited for confirmation, you were already underwater. $JOJO's signal doesn't wait for headlines. https://t.co/ZVynKzZzh8
Impending Short Squeeze Near NDX 22,000 Signals Micro Switch
The real relief rally will come soon folks. It will be a sudden short squeeze where all active short sellers will lose their pants. Smart traders will switch soon. The NDX 22,000 is nearby. Not today. Not next week. Just DCA and average...
March Sets Record $158B USO Trade in 20 Years
$USO has traded $158b worth of share in March. Here's what that looks like compared to every other months in its 20yr history. https://t.co/R1flDcvjqy
Breakout Trading Secrets: It’s Not What You Expect
Revealing the SECRET to trading breakouts THE RIGHT WAY .. it’s not what you think. #howtotrade #daytrading #momentum #tradingeducation #stocks
NDX Bullish Percent Index at 30% Signals Nasdaq Bounce
$NDX Bullish Percent Index touched the 30% level on Monday, which usually means at least a short-term bounce higher is imminent for the Nasdaq. https://t.co/57UyvAJ0ou
EUR/USD Nears Critical Resistance: Breakout or Reversal?
Euro Short-term Outlook: EUR/USD Rally Nears Key Resistance- Breakout or Reversal? https://t.co/ypoVnQZs85 $EURUSD Daily & 240min Charts https://t.co/uyx4RRC6OM
Rate‑cut Bets Collapse, Biggest Positioning Reversal in Years
January: everyone was long rate cuts. Now: hike odds >50%. That's not a rotation. That's the largest positioning reversal in years — and the unwind isn't finished. $SPY -3.4%. $QQQ -4.2%. The price tells you where we are in that unwind. --- https://t.co/mDbRSIwQT2
0DTE SPX Straddle Slides to $32, Echoing FOM
to put this into context, i mark the average open px for the 0DTE SPX straddle at $44 2 hours left $32 is like an FOMC day https://t.co/nvzRnpkt0F
CRWV Faces Binary Test: 89‑100 Surge or Sub‑60 Drop
$CRWV - either squeeze move 89.00 to triple digits or fail back below 60.00. Their latest news with $META is helping a bit, but not enough to move it above the bearish channel.
JPM Collar Pin May Boost Markets, Ease VIX Backwardation
"so the JPM collar pin of 6475 for end-of-day Tuesday ** could ** help to pull up markets to relieve the VIX backwardation we are in" 🤣😇 Lucky init.
6,600 Resistance Threshold; CL Under 100 Signals Go
Update. 6,600 is resistance *if* this Iran thing is real. I think CL <100 is the green light. PS: I'm not saying Andy endorsed this map...although he didn't explicitly not endorse it... https://t.co/u0zeKHrpcJ
IWM Drops Below $240, Channel Breakdown Risk
$IWM Hourly. Shorter-term falling channel to watch on small caps. Headlines jerking around the tape. But back below $240 now puts channel at risk of breakdown https://t.co/aFGcOnXaJ7
War News Fuels Reflexive Sell, Spurs Leveraged ETF Buying
Gamma. Roll delta flips, month end equity buying not needed as much given price, sudden massive leveraged ETF buying now needed. All this in an environment which makes folks think the war news is actually the thing driving markets....
QQQ Dips Early, Aiming for 580 Rebound
we hit the $QQQ downtrend 1-2 days earlier than expected. hopefully today's move attracts more buyers tomorrow and we move to the 580s... https://t.co/8I8w79nBOT
Nifty50 Remains Bearish; Await Reclaim Before Longs
Nifty50 still in a clear bearish structure with consecutive lower highs and lower lows...Price is now interacting with the 22.2k..22.3k zone, but there’s no confirmed support yet. Intraday breach shows lack of demand at this level. >> Until we see acceptance...
Markets Await Direction as 5‑Day SMA Slides
Markets are deciding what is next at this important level of interest, the 🟠declining 5sma $SPY $QQQ $SMH $IWM https://t.co/gDrz6QdLec
JPM’s PM Moves, Not Just Short Gamma, Drive
If you think the only thing that's happening on $JHEQX collar is short gamma you are completely missing what the PM at JPM was doing to roll the collar before the rip and what they now have to do.
Recognizing Supply Gaps Fuels Winners' Advantage Today
By no means does my post mean that "one green day" problem is solved, lol. Quite simply, this is the first day in a very long time that: 1. The gap isn't sold off and met with supply 2. Every swipe is not...
Silverlake In‑Kind Distros Trigger One‑Day Dell Dip
You can blame Silverlake In Kind Distros for today's move down on $DELL specifically converting the B's to C's , only expected to be a one day, Qtr end event
Market Panic Eases as Sellers Cause Thin, Quick Swings
Feels like panic is gone (today so far) in market compared to prior days, still sellers present but as soon as sellers are done paper thin swipes back up. Next seller steps in, paper thin back up. Before it was...
Selling QQQ $515 Puts Sets $495 Floor
Nasdaq (QQQ) 3250 September $515 puts sold to open $20.10, making $495 a floor level to eye later this year and even $515 itself is AVWAP off 2022 lows and long-term channel support https://t.co/AYJgeMyq8o
Funds Strive to Outdo FNMA's End‑Quarter Pump
Going to be tough to top $FNMA for "most blatant end of quarter" pump, but I see a few different funds are trying their best. God speed.
S&P Must Clear
Above 6780-6800 and the uptrend gets back on track, but we have a few levels and averages to get through before that... $SPX $SPY $ES_F https://t.co/5uG7W6JG21
Markets in Correction: Dow Falls, S&P Below 200‑day MA
The Dow just entered correction territory. S&P 500 is 3.8% below its 200-day moving average. 5 straight weekly losses — longest streak since 2022. 3 of 4 intermarket signals say: get defensive. Full breakdown 👇 https://t.co/bFlg5yAcKY