Anchored VWAP going back to the Sept. lows holding strong still, following Monday's test.
Understanding a Counter Trend Rally The Importance of Context in Trend Analysis Let’s talk about a counter trend rally as it applies to the stock market. The SPDR S&P 500 Trust ETF (SPY) mirrors the S&P 500 and its price action and for swing traders trying to predict and capture its price swings and
No, the stock market crashing - at least not yet! The stock market is not crashing right now and the question that should be asked is not whether the stock market is crashing, but how are we going to respond to what the stock market does next. In this video, I provide my technical analysis
An ascending triangle chart pattern is commonly used in technical analysis and considered to be bullish. The ascending triangle is a technical pattern that pops up often signifying a continuation of the existing trend-line if it manages to break out of the ascending triangle. In this video I analyze the ascending triangle breakout in
How to swing trade a gravestone doji candle: Is it a stock market rally killer? In this video I will go over the gravestone doji candle pattern that has formed on the Nasdaq 100 (QQQ) weekly chart and what that means for stocks in general, as well as analyze how it has impacted the
Nasdaq 100 (QQQ) 30 min chart will zero chill in it. Another breakout attempt unfolding on Russell 2000 (IWM) today. A solid push through resistance so far. If US Global Jets ETF (JETS) breaks out of the continuation triangle, then it has to immediately contend with long-term declining resistance. A no-go for me. Heavy resistance
Atlassian (TEAM) has an ascending triangle attempting to breakout but the previous three days, have struggled to hold that level. Need to see it close above that level to confirm the pattern. Tesla (TSLA) breaking a major support level and the October '23 lows. Here's the sector returns so far with S&P 500
$MARA cup and handle pattern forming but still needs to push through and close above the 200-day moving average first. $PLTR attempting to break through a long-term resistance level as well as confirm a multi-year cup and handle pattern. Next stop would be upper-$20's. Since Tuesday, $QQQ has been all consolidation - going sideways since
Rising yields in the bond market are becoming a major problem For the financial and if they continue to rally higher, it will ultimately crash the stock market. In this video, I cover the impact of the rising yields and what it means for stocks and the stock market going forward.