Keep it simple$SPY WEEKLY uptrenddrill down from there for entries and risk mgt pic.twitter.com/snL2FfAVze — Brian Shannon, CMT (@alphatrends) September 11, 2023 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). Brain reminds us that the S&P 500 ($SPY) continues to be in a Stage 2 uptrend. In the 1980s, legendary trader Stan […]
Chart of the Day – Monday, April 24th, 2023
busy earnings week pic.twitter.com/iKVINWSLzy — Brian Shannon, CMT (@alphatrends) April 24, 2023 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). With a busy week of earnings and economic data ahead, Brian points out that the Nasdaq ($QQQ) is testing its VWAP anchored to the November 2021 all-time high. Price has been hugging this […]
Chart of the Day – Monday, April 10th, 2023
#Bitcoin is banging away at the ⚓️VWAP from the all time high. The recent consolidation has occurred as a TIME correction vs a larger PRICE pullback, that is typically bullish The AVWAPs above are the next levels of interest pic.twitter.com/SreJXWLsQC — Brian Shannon, CMT (@alphatrends) April 10, 2023 Today’s Chart of the Day was shared […]
Chart of the Day – Tuesday, March 14th, 2023
Crude Oil Futures $CL_F coming into the ⚓️VWAP from the Covid low approximately 68.90 Weekly chart with daily inset pic.twitter.com/kVd26lPI8T — Brian Shannon, CMT (@alphatrends) March 14, 2023 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). Brian points out that Crude Oil Futures are currently “pinched” between two key Anchored VWAPS. Brian has an entire […]
Chart of the Day – Wednesday, January 4th, 2023
3900 is proving to be a major battleground, there is a lot of price memory here from Anchored VWAPslight blue=June lowpurple = August highgreen= 2022 lowred= December highdark blue= Fed meeting market is stuck in a choppy zone until it breaks the 3800-3900 range $ES_F $SPY pic.twitter.com/HIbMvNe1ie — Brian Shannon, CMT (@alphatrends) January 4, 2023 […]
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