I care about helping you navigate this market. Nowadays, it's all about permabears & permabulls, I use technical indicators with objectivity. God First.
Today, I will demonstrate how technical analysis works using $Invesco QQQ(QQQ)$ , the ETF for $NASDAQ 100(NDX)$ as a case study, showing you how essential indicators help anticipate reversals.QQQ: Using Technicals to Master Price Action NavigationThis guide presents the most important indicators that every market participant should know in order to navigate price movements with greater confidence and consistency.By moving beyond simple chart visuals, investors gain access to a deeper layer of market insight. Technical indicators help reveal market structure, confirm trends, and validate entry and exit points with much greater precision, transforming uncertainty into informed decision making.The “Naked” Char
1. $S&P 500(.SPX)$ The narrowing price action suggests a potential bullish resolution. While Tech bounced, the actual drivers were Energy, Financials, Discretionary, and Materials. 2 key elements warrant attention: the daily candle lacked conviction, and the $VIX jumped over 2.7%. 2. $Invesco QQQ(QQQ)$ Bearish engulfing candle validated by high daily volume, the 20DMA was lost and the MACD crossover suggests a trend reversal. The Weekly Compass anticipated a bullish start of the week, providing the specific price level that must be recovered to validate a bounce. 3. $NASDAQ 100(NDX)$ Short term momentum faded last week: NDX & Small Caps show fewer than 40%
$SPX, $NVDA & $IWM - Markets at an Inflection Point
1. $S&P 500(.SPX)$ SPX managed to fill the gap and close at the 20DMA zone. The narrowing price action is anticipating a significant move ahead. A loss of $6,837 and the 20DMA would suggest a breakdown and more consolidation after 7 green months + a muted December.BTC on the other hand, is attempting to breakout, that would be a bullish indication of risk appetite. 2. $NVIDIA(NVDA)$ Very interesting formation, should it be called the twins-shooting star pattern?Short term pullback is likely, the strength of the 50DMA + Volume shelf will be tested. 3. $iShares Russell 2000 ETF(IWM)$ The move looks promising, supported by the bounce at the confluence zone of the
The Winners of the Week: Physical Economy & Defense
The indecisive price action observed at the close of last week anticipated the recent decline in the major U.S. indices. However, as mentioned in my previous publications, the gap fill for the $S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ is the best outcome that could happen for bullish continuation.The first trading week of 2026 presented a significant rotation, since investors reduced exposure to 2025’s growth darlings; specifically Technology and Consumer Discretionary, and reallocated capital into defensive, physical assets like Energy and Utilities.In recent weeks, I highlighted the bearish setups for both $Tesla Motors(TSLA)$ and
Gap Filled: Is the SPX Cleared for Bullish Continuation?
The indecisive price action highlighted last weekend was validated by the pullback observed this week in the S&P 500 $S&P 500(.SPX)$ . The final week of the year closed in the red, with declines of -1% for the SPX, -1.7% for the $NASDAQ 100(NDX)$ , and -1% for small caps ( $iShares Russell 2000 ETF(IWM)$ ). However, this decline resolves a ‘loose end’ that would have injected significant uncertainty into the price action had we seen an immediate bullish continuation.The $6,840 gap was filled, just as we considered last weekend and reinforced on Wednesday morning in the mid-week market update. Now, it is time to assess the market structure and key support le
Will the Jobs Data Trigger a Healthy Gap Fill on the SPX and NDX?
The final day of the year has arrived. Congratulations on your trading and investment performance. Regardless of your specific returns, be aware that you have just navigated a historically unique year; one with few precedents.We witnessed a rapid selloff comparable in velocity to 2020, rather than the slow-motion bear market of 2022. Then, mirroring 2020 again, we saw a V-shaped recovery from a major correction, accompanied by a confluence of rare bullish events: a breadth thrust and two distinct ‘up volume’ days. We studied these events individually as they occurred, noting how statistically improbable it is to witness them all within a single calendar year.The average active trader survives only one or two years in this business. When these rare events are experienced in real-time; rathe
Last week, the Weekly Compass anticipated a bullish context for the overall stock market that played out perfectly. Following the setup highlighted for premium subscribers, the $S&P 500(.SPX)$ jumped 1,4%. As shown in the chart below, our analysis identified a specific pattern (highlighted in yellow) that suggested bullish continuation for the week that just ended.My approach combines technical indicators with modeled support and resistance levels. A cornerstone of this strategy is the Central Weekly Level (CWL). When the price stays above the CWL, it validates a bullish setup; when it remains below, it confirms a bearish outlook. For this week, the CWL sat at $6,805. Since price action remained consistently above this threshold, traders using
$S&P 500(.SPX)$ : Price action lacks conviction considering the intra-day reversal. The weekly support of $6,784 now holding as resistance in confluence with the 20DMA must be recovered to validate a more compelling bounce. The fast oscillator, is looking identical to previous bottoms. The bounce on Friday recovered essential levels and the 20DMA. Price action along with the oscillator suggests bullish continuation. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility NowFind out