$VIX Extreme move to new 52 week lows with a break of major support.
$DD with solid follow through so far with the break above two major resistance levels.
$AMC running hot into heavy layers of resistance. Just like previous runs, its a sucker’s rally that will cost traders a lot of their capital…again.
$C up against declining resistance and the 200-day moving average. Needs to break both to become more bullish on this stock. Also has earnings scheduled for the 13th.
$LULU getting hit hard but it is crawling its way back to hold on to its rising trend-line.
Massive rally on the weekly continues to extend $BA higher.
$BILL major descending triangle starting to see a breakdown.
With 2023 underway, when can we expect a stock market bottom? I have found that some clues may lie with the long-term charts of QQQ using technical analysis. Though certainly not a sure thing, past history suggest that the Nasdaq 100 (QQQ) could find its bottom at this key price level.
$NCR cup and handle pattern nearing a breakout.
$GLD struggling with upper channel band resistance. Potential for a pullback to the rising trend-line underneath.