https://twitter.com/yuriymatso/status/1546879066048843777 Today’s Chart of the Day was shared by Yuriy Matso (@yuriymatso). It’s a 1-hour candlestick chart of Nasdaq Futures since the beginning of May. Yuriy points out that the Nasdaq has made a series of lower highs & higher lows over the past two months, forming a triangle pattern with an apex around 11,800. […]
Chart of the Day – Tuesday, April 26th, 2022
Nasdaq 100 $QQQ just closed beneath its AVWAP from the COVID lows for the first time pic.twitter.com/SSSEuZ32mF — Steven Strazza (@sstrazza) April 26, 2022 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). It’s a daily candlestick chart of the Nasdaq 100 ETF ($QQQ) over the past two and a half years. The […]
Chart of the Day – Wednesday, March 23rd, 2022
More than 95% of Nasdaq 100 stocks have regained their 20-day moving average with less than 45% of stocks above the 200-day MA. This is just the 4th time short-term breadth has been this strong while long-term breadth has been this weak.$QQQ pic.twitter.com/TXUjpQQV9j — Andrew Thrasher, CMT (@AndrewThrasher) March 23, 2022 Today’s Chart of the […]
Chart of the Day – Tuesday, September 28th, 2021
The most important chart for today – comparison of $TNX (10-yr Treasury Yield) to the rotational chart of $IWM : $QQQ. This explains the weakness in the Tech sector & suggests small-cap outperformance, regardless of directionality. We will discuss it in Wednesday's WMD class. pic.twitter.com/CczqGG1wS1 — Wyckoff Analytics (@WyckoffAnalysis) September 28, 2021 Today’s Chart of the […]
Chart of the Day – Wednesday, September 15th, 2021
https://twitter.com/yuriymatso/status/1438181471731150852 Today’s Chart of the Day was shared by Yuriy Matso (@yuriymatso). It’s a 15-minute candlestick chart of Nasdaq futures since Friday. The major indices closed at a precarious spot yesterday, but buyers showed up exactly where they needed to today. Yuriy points out that Nasdaq futures have formed a bear trap. A bear trap, or […]