Crude Surges 10%—Energy Stocks Diverge, Reversal Likely
While Crude remains more than 10% higher than last Friday's close in two trading sessions, stocks like Exxon $XOM are at lower levels from last Fri close after its steep runup. @IBDinvestors @marketsurge Similar to Gold stocks starting to diverge from the Metal, it will pay to watch parts of Energy closely for evidence of further divergence as Crude tests last year's highs. #IBDPartner It should pay to keep a close eye on WTI and Brent Crude over next 3-5 trading days as i am expecting this steep runup might be prone to an equally steep reversal
Dollar's Buying Climax Expands Beyond K
$ had quite the buying climax range expansion outside KC (Keltner Channel) which I posted in the morning. It already sold down into Asia opening. Wed. it may fill out the tail. https://t.co/SASbX9Ehf1
Copper Buy Day: Evening Play Peaks as Asia Opens
Copper: Buy Day on ROC... this market tends to have best play in evening when Asia opens. https://t.co/FzKo8M3xSH
Pinball Pattern Signals Gold Buy at Session Close
GC - Pinball Buy on close (green bar on right is start of evening session so shows initial up. ) https://t.co/aIGtwW0Ce0
US Markets Hold While Asia Slides, India May Diverge
US saved its markets for the day but Asia could not However India will not follow Asia - we fell before them we can even recover without them. Watch your own charts which you trade for signals https://t.co/gP7ThLndw2
Three Daily Pushes Produce Consistent A‑B‑C Rhythm
AD - 3 pushes on the daily...often see A B C rhythm on osc following three pushes https://t.co/arBkUJ9Uo2
Peso Hits New Lows After Downside Breakout
Peso - new momo lows on 2 per ROC after downside BO on Monday from 3 bar triangle. https://t.co/9h48YOGDYL
Retail‑Heavy Korean Market Crashes, Triggers Circuit Breaker
*CIRCUIT BREAKER TRIGGERED AFTER S. KOREA'S KOSPI PLUNGES 8% *KOREA'S KOSPI EXTENDS DROP TO 10% AFTER TRADING RESUMES The chart shows that the South Korean KOSPI stock index has doubled since last August (green) and has already corrected 17% from Friday's high...
KOSDAQ Crash Triggers Circuit Breaker, Crypto Flows Questioned
*CIRCUIT BREAKER TRIGGERED AFTER S. KOREA'S KOSDAQ PLUNGES 8% Where did you think all those crypto flows ended up https://t.co/JzbQThyUAl
ARK Boosts BNTX, LLY; Cuts AMGN in Heavy Trading
So @ARKInvest did a larger amount of trading today in their ETFs than i typically notice. Particularly large moves in $ARKG but also a lot of trading in $ARKK. $ARKG added over 1% in $BNTX and $LLY while selling...
Software Climbs over 1% on Bullish Pattern Signal
Software up more than 1% today. @FrankCappelleri shared this potentially bullish pattern this morning. So far, so good. https://t.co/qlwNHx7eF2
SPX Beats Midpoint Yet Slides 50bps in 12 Days
Odd stat of the day: the $SPX has closed ABOVE its intra-day midpoint in 11/12 days. It's down a net 50 bps over that time span.
10‑Year Treasury Yield Breaks 1% for First Time
#OTD 2020... back when I had a real job and only TOS ... 10yr breaks 1% for the first time https://t.co/CyW5CAAfCa
SPS Commerce Trades Cheap, Unusual Call Spread Amid Sale Push
I'll do this one public...always liked this Co. and is wildly cheap at these levels... Unusual Call Spread in High Quality Software Player at Record Cheap Valuation with Limited AI Disruption Risk SPS Commerce $SPSC with an interesting trade of 3/3 as...
Low‑beta, US‑linked European Sectors Stay Shock‑proof
GS Europe: Europe has re-rated in recent years Sectors with high US exposure and a low beta to the market should be mostly immune to recent shocks https://t.co/g2Fd3kpcA5
VXUS Holds Above 20‑Week SMA, Support Confirmed
$VXUS international ETF clean hold on 20sma weekly, again, clean line in sand for your radar and natural stop for swings under that line. https://t.co/RWEeeRI0sD
Software Stocks Likely Bottoming Near 200‑
Software sold off first, so stands to reason it would try to bottom first. Solid action around the 200sma-- very clear line in sand for medium term swings. $IGV https://t.co/zcHdivFd3y
VGK Shows Strong Reversal at Clean Support
Interesting spot $VGK (Europe) -- solid reversal on clean support. 84 line in sand. https://t.co/YeH5D1pF0E
S&P Holds 6800 Support as VIX Surges to 28
The "Fog of War" hit the tape today. 🌫️ $SPX salvaged support at 6800 after a brutal open, but the $VIX spiking to 28 is a major red flag. I’m also honoring the late legend John Murphy and applying...
Platinum Chart Signals Impending Head‑and‑shoulders Reversal
Charts can always morph, but it looks to me that the Platinum party is about to be interrupted by a head and shoulders pattern. I am not allowing replies on this because I have no interest in reading what you...
Defensive Tilt Masks Weakness in Tech, Financials, Discretionary
$SPY - The part that's tough for me is the defensive tilt that's taken place this year in the S&P 500. It's easier to "ignore" these days as "event driven" etc. when that isn't the case but with $XLK, $XLF,...
V‑shaped Rebound Likely, but Deleveraging Extends Beyond One Day
Rooting for the immediate v shaped recovery in KOSPI/Nikkei but, in my experience, violent deleveraging events are seldom limited to a single session. Held off on any aggressive dip buying today.
Europe's US Discount Shrinks, yet Gap Persists
GS: While Europe remains on a discount to the US, this discount has narrowed https://t.co/MWh0XnVJBZ
RBOB Contract Roll Added 25¢ to Gasoline Price
Gasoline prices... remember the March-April RBOB contract roll was +25 cents on its own https://t.co/WAOPFvCQdz
CRCL: Dead Cat Bounce or Emerging Bull Trend?
$CRCL (per request) I honestly can't decide if this is a dead cat bounce in a downtrend or the start of a new bull trend. Wish I had a better read. https://t.co/PD7HPiHYFV
FTSE250 Shows Bearish Momentum, EMA Cross Looms
#FTSE250 big Down Candle. RSI 44 bit off Neutral. Could be lining up 13/21 day EMA Bear Cross. Closed below Bottom Bollinger Band which is unstable.
Good Analysis, Poor Timing: Sold Too Early
$DG (per request) This chart is a great example of good analysis and bad execution. I sold way too early. Up 50% from that support. Noted. Lesson learned. https://t.co/3gkMNvaqn7
FCX Chart Suggests Upside Target Near $80
$FCX (per request) Beautiful chart. Clean price action. Measured upside target is closer to $80 https://t.co/w3xHEH085E
Financials Surge, Magnetizing 2024‑25 First‑Half Pivot
Financials rally back to the underbelly of the 2024 and 2025 1H pivot. So far it’s acting like a magnet... $XLF https://t.co/jXBzQnKMxZ
HYPE Faces 99‑SMA Resistance After Mini Spring
$HYPE (per request) Followed through on the mini spring I posted earlier. But now just struggling with that pesky 99smma resistance. not a good sign if it can't break https://t.co/pa5x3GyItL
BofA Predicts Weak Feb Jobs, Fed Stays on Hold
BofA: We forecast a below-consensus Feb NFP print of 35k (private: 45k). The u-rate should remain at 4.3% Fed response: wait and watch stance under Powell https://t.co/qQ28IUZLsk
OKLO Holds Mid‑Range, Potential Support Below
$OKLO (per request) Doesn't look great but doesn't look terrible locally. Mostly just hanging in the middle of nowhere. Has an untapped support below. I'd be more interested in buying the yellow line reclaim if it does something like this. https://t.co/1Wtg9vINKt
PSX Breakout Signals Continuation After Clearing Resistance
$PSX (per request) Looks like a nice base breakout and should see continuation. Levels noted in chart. One more resistance needed to take out for more price discovery. https://t.co/YmKPMsfiHV
NVO Breaks Support, Faces Downward Continuation Pattern
$NVO (per request) Has lost all monthly and weekly support and just broke down from a harsh range. Looks like a continuation pattern to the downside unfortunately. Needs to reclaim this range as a starter for any bullish scenario. https://t.co/G49aFKlG3c
Oil Approaches Its Most Bullish Season Yet
We are nearing oil's most bullish time of year. $CL_F $USO $WTIC More from me on @stockcharts: https://t.co/2c4CuouCWe https://t.co/o1k2jBw7MM
32 Large‑Cap Hits New Highs, 14 Slip to Lows
there are 32 large-cap stocks hitting the 52-week new highs list today... there are 14 large-cap stocks hitting the 52-week new lows list... #FinanciallyINsync #HighLowShow #marketUpdate #investing
23 QQQ Stocks Rally over 4% From Intraday Lows
there are 23 stocks in the $QQQ that are +4%+ from their intraday lows... https://t.co/SGN4Kt6jhn
VVIX Above 125 Signals 5‑Day Positive Returns
VVIX >125 this AM correlates with pretty positive forward returns >=5 days out https://t.co/FCX5fvZMOi https://t.co/Tn8krhl4YQ
BAC Hints at Reversal; I Hold Personal
$BAC showing signs of reversing. I have some in my investment/spec/gamble account. None in trade account.
IGV Holds $80, Forms
$igv held $80 and made a higher low like many Software names including $msft $now $orcl. For tactical Cash flow
SPY Rebounds to $682, Easing Market Pressure
Yes. Pretty amazing that $spy reclaimed $675 to relieve some pressure. Now it’s $682+ to manage
SPX Tests Lower Box Edge, Echoing 2025 Breakout
Given this week’s early price action, the $SPX now is testing the lower boundary of its latest trading range — what we classify as a trading box. As most readers know, we view these ranges as important reference points for risk...
Nifty50 Faces Crucial Support Tests Amid Volatility
Based on Monday’s India VIX and the geopolitical mess, I see 3 key supports for Nifty50 tomorrow (4th March): >> 24,500 >> 24,150 >> 23,450 Gift Nifty hints we may open below 24,500. If 24,150 holds, bulls survive....🔥 If the last support breaks, we’re not talking...
V Stock Forms Tight Base, Eyes 21‑MA Breakout
$V updated chart nice basing high and tight. A move over the 21ma next on my radar. https://t.co/0PKkcb17YC
Trade Your Own Way, Own the Outcome
Always make a call out or chart you see on X your own. Use your own style, time frame and rules. This might mean the buy is at higher levels like my $SOFI. My rules, my trade...
SOFI Awaiting Confirmation Above 10‑EMA and Key Level
$SOFI I have a trading pal who brought this name up and bought it recently. I had to wait for the confirmation stick. A move and hold over the 10ema and the horizontal line on the chart...
ONDS Rebounds From Base, Retests Support Level
$ONDS once again touched the bottom of the base, broke higher and now back in the base. Watching it close
JPM Stock Holds Firm; Re‑enter Near Close
$JPM stops are stops. Looking at the daily again and my jump back in see closer to close
DDOG Stuck in Base, Needs
$DDOG continues to sit in the base. a move and hold over the 10/21ma's needed and then maybe the trade works. https://t.co/7vFbUIP7xA
IWM Gains 7 Points Yet Remains $3 Below Prior Close
$IWM Seven points off the lows, but still down $3 from the previous close. That is the new up. https://t.co/66p4vPZcEF
