BOTTOMS often happen on Thursday / Friday in bearish week...
Well guess what $QQQ - $SPY might end up doing tomorrow...
Bullish week next week ahead?
Looking at the $SPY - $QQQ - $DJI you can see over 988 market weeks.
That price peaks on often on a Monday in a bearish week and bottoms on a Thursday - Friday in a bearish week.
Very interesting to watch this now with indices showings signs of local tops.
Want to know them for bullish weeks as well?
Replying to @ChartingGuy
This post is it... Local top is in...
We're screwed...
Bull market cancelled...
Need to wait another 4 years now...
xD
$CAVA still fighting to clear the ceiling.
Held the key level at $49.67, which is the good news.
But a big rejection candle yesterday, another failed push at the EMAs, and a 4% drop to show for it.
Probably needs more time to stabilize before it can break through, staying patient here, no need to rush.
$WYFI back from the dead.
Chart was ugly, now it's flipping the script, reclaiming the 8 EMA with a near-30% push off the low.
Next stop looks like the pull at $12.50, right around where the 21 EMA sits too.
A level near $17.50 still looms above, interesting one to watch play out.
$RKLB rallying hard off the lows.
Tagged a level near $50 and held, filling the gap it left on the way down.
Already reclaimed the 8 EMA but hasn't cleared the 21 yet.
Up four straight days and nearly 20% already, so not one to chase here, but if it can gain more ground and stabilize a bit, this one gets very interesting.
$BMNR holding the line that matters.
Bouncing off and holding above the 200 MA, bullish to see.
Similar setup to $MSTR , but this one hasn't reclaimed the 8 EMA yet and is still below the 50, so plenty of resistance stacked above.
A level near $20 is still in play if that breaks, but holding the 200 here is the preferred path.
$UBER can't catch a break.
Tried to reclaim the EMAs a few times now and just kept failing, now breaking down through the must-hold level.
Not one to rush into here.
Best to sit back and let it prove itself before doing much of anything.
$OSCR at a line it has to defend.
Retesting the same trendline that held back in August and September, but this time it looks like it wants to break lower.
A level near $28 comes into play if it does.
Not one to jump into right away, it needs to find real strength and reclaim ground above here first.
$AAOI bounces hard off the floor.
Beautiful bounce off Floor $70, reclaiming the must-hold level and now sitting above the 8 EMA.
A wall at $81 is the next test, a retest of the 8 wouldn't be a bad thing either.
Still needs to find strength to start gaining the other EMAs as they continue sloping lower.
$MSTR bouncing clean off the 200.
Successful test of the 200 MA with a solid bounce, bullish signal.
Now battling the 8 EMA as the EMAs squeeze together, still holding above the 50.
Clear the 8 and 21 and a level near $180 comes back into play, until then, it's wait and see.
$IREN snapping back hard off the lows.
Bounced right off the filled gap near $24.60, just like expected.
Now riding the move and reclaiming the 8 EMA, a strong signal.
Next test is whether it can stretch up to the 21 and 50 EMA, after being way overextended to the downside.
$RZLV with no floor in sight.
Still searching for a level that actually holds.
The only real support on the weekly sits at $1.07, the all-time low since the IPO.
Best move here is to sit on the sidelines until the selling dries up.
$COIN losing its grip with bitcoin:native
Looked strong last week, but lost everything once the 200 MA gave way, no support left there.
Tied straight to Bitcoin, which is now losing its daily 50 EMA and may need to test the weekly 50 EMA, roughly 2% lower.
Air pocket near $150 comes into play if that weakness continues.
$GRRR trying to cancel out the plunge.
Up nearly 20% off the $7 low, pushing into the 8 EMA. Reclaim it and the 21/50 EMA are next up.
VEX King $17.5 above, over 100% from here if it stays strong.
$SLNH down bad, why are people still holding?
Broke clean through every level of support with nothing left to catch it.
If you're still in this one, drop the reason in the comments, genuinely curious.
Hard to see much changing here without real news to turn it around.
$ARM hits a wall of resistance.
Strong move off the $208 low, but now the 200 MA and 8 EMA are converging right here.
A break through this confluence would be a great sign.
Clear it and a move toward a level near $320 becomes very possible.
$ONDS stuck at a wall it can't break.
Consolidating flat near the $6 air pocket, but the 8 EMA has rejected it four times in a row.
Needs to break through on this next attempt or the one after.
Fail again and a level near $5.50 comes into play.


















