$XLK struggling to reclaim broken support.
$OXY trend-lien that I am watching to see if it can bounce or not.
$XLF needs to make another run towards resistance and break that resistance, if the bounce off the May lows is going to stick.
$ROKU resistance break through today.
The stock market, in the midst of a historic stock market crash in 2022, has managed to rally over the last two weeks. But now that stocks are consolidating, what is the next move for the stock market? Will the stock market continue to recover and rally, or will stocks continue the stock market crash
The stock market crash continued for a seventh straight week. Going back to 1958 this has only happened two other times for SP500 and Nasdaq 100. In this video, I provide my technical analysis on the stock market by providing SPY ETF analysis, along with analysis of QQQ ETF. I also examine the volatility index
$AMC longs should be thrilled this didn't completely fall apart on them this week. Still sitting below heavy resistance. $ARKK manages to hold the trend-line for another week. $AVXL dealing with heavy resistance. Watch for the break. $BTU continues to hold support but lacks the bounce. Â
The Stock Market Crash of 2022 has been massive, but now with extreme oversold conditions and fear among investors and traders, we are setting up for a significant stock market rally in the short-term.
Long-term rising trend-line failed to hold for $ARKK.