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U.S. stock markets wrapped up a turbulent week with major indices finishing lower. The $NASDAQ(.IXIC)$ took the biggest hit, recording its worst weekly performance since April as investors grappled with concerns about stretched valuations and a possible AI sector bubble. The market’s unease showed up in the Fear & Greed Index, which settled at 21, squarely in “Extreme Fear” territory.Friday’s trading captured the week’s choppy character. Stocks tumbled early in the session before clawing back from their monthly levels to finish mixed. The Dow managed to bounce from the weekly support $46,566 (modeled last week ahead of the recent price action), $S&P 500(.SPX)$ bounced from $6,620, (another monthl
$S&P 500(.SPX)$ : The retrace from overbought levels is playing out as the weekly shooting star and the upper daily Bollinger breach suggested, not to mention the loss on Monday of $6,858 as central weekly level. The 40DMA, which for some reason has set the bounces during this rally is being tested. The $Cboe Volatility Index(VIX)$ above 19 suggests volatility is not over.Dark background chart displays SPX daily candlestick data with green and red bars showing price movements from April to October. Upper panel includes rising trend line labeled 40MA in white overlay on the right side. Bollinger Bands appear as curved lines around the price action. Lower panel shows VIX line fluctuating with yellow high
$S&P 500(.SPX)$ - 1st Gap Filled, 2nd One in Progress:It never fails, the upper Bollinger band breached last week had implications, for now the 20DMA is being reached, and given the bearish MACD crossover, continuation is likely but not in a straight line down since breadth is oversold. A financial chart displaying S&P 500 daily candlestick data from June to November, with green and red bars indicating price movements overlaid by a moving average line, and Bollinger Bands in blue showing upper and lower boundaries breached last week, a yellow arrow pointing to the upper band and red arrow to a recent high below it, a green shaded area marking oversold breadth and a separate MACD panel below with histogram bars in green and red lines crossi
$S&P 500(.SPX)$ and McClellan Oscillator: The price action for the index remains weak, and the McClellan Oscillator is still below the zero line. This combination represents a critical condition for those who track the Hindenburg Omen signal. Bulls want this condition to reverse quickly to mitigate further downside risk.ImageSPX and market update: Price action looks weak but the $Cboe Volatility Index(VIX)$ was rejected from the key level mentioned to subs, the percentage of stocks above their 20DMA breached the 30% level and bounced, the $NASDAQ 100(NDX)$ recovered its central level. $Amazon.com(AMZN)$ : The red cand
IWM: Candle Below 20DMA — Possible Reset Targeting $242
$iShares Russell 2000 ETF(IWM)$ : This is the third consecutive weekend that I post the pattern of a candle breaching the upper Bollinger band followed by a visit to the 20DMA. The difference this time is the price still below the 20DMA, will it recover it?A healthy reset breaching the series of higher lows carried by the 50DMA (or 40DMA to be precise) is possible next week, targeting $242 at least. Stock chart for IWM on daily timeframe displays candlestick price action with green and red bars forming higher lows. Blue line represents 20-day moving average, orange line the 50-day moving average. Gray bands indicate Bollinger bands with price breaching upper band marked by red arrows. Green shaded volume bars at bottom. S/R watermark in white circl
$Alphabet(GOOG)$$Alphabet(GOOGL)$ : Chasing Price Action Here is RiskyGreat fundamentals with overextended technicals. Google is returning to its Bollinger range with. The bearish RSI divergence is playing out in the reversal picture. A 5% move is likely this week. Which direction? It depends on the central weekly level posted last Friday🎃.Stock chart for GOOG on daily timeframe showing candlestick price action with overlaid 10 MA in orange 20 MA in blue 50 MA in yellow upward trend lines in green and orange Bollinger bands in purple and green volume bars below in green and red support and resistance levels marked with arrows and numbers like 182.50 181.20 179.50 on the price axis and a lower panel with
$Invesco QQQ(QQQ)$ - Overextended Move: Where is the Reset?The upper Bollinger Band was breached until Wednesday, and the minimal retrace target is the 20 DMA (A); but a regular correction reaches the lower Bollinger Band (B). Given the RSI divergence, and the weekly gap, the B scenario is more likely.Stock chart for QQQ on a daily timeframe displays candlestick price action with green and red bars, overlaid by a blue 20-day moving average line, upper and lower Bollinger Bands in green, volume bars at the bottom in blue and orange, RSI indicator below showing divergence, and annotations labeling points A and B for retrace targets For SG users only, a tool to boost your purchasing power and trading ideas with a Cash Boost Account!Welcome to open a C
SPX Marks Halloween With a Shooting Star — Watch the $6,807 Gap
The $S&P 500(.SPX)$ is celebrating Halloween week with a Shooting Star, decorated with a gap at $6,807, nothing big from here, but it could trigger enough impulse to breach key supports. $NASDAQ 100(NDX)$ printed a similar candle, but the gap is at $25,418. A cartoon clown figure in a top hat and suit rides a red tricycle in front of a weekly candlestick chart of the S&P 500 index labeled SPX - Weekly Price Action. The chart displays green and red bars from July to November 2025 with price levels marked up to 6800 and a green arrow indicating a 0.7374 percent increase. For SG users only, a tool to boost your purchasing power and trading ideas with a Cash Boost Account!Welcome to open a CBA today a