there are no coincidences$SPY ⚓️VWAP from Covid pic.twitter.com/InY1me8ITC — Brian Shannon, CMT (@alphatrends) May 13, 2022 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). It’s a daily candlestick chart of the S&P 500 ETF ($SPY) since the beginning of the pandemic. Brian points out that $SPY rebounded right at the Volume Weighted […]
Chart of the Day – Friday, September 17th, 2021
it is NOT a coincidence, but it doesnt mean it is perfect or will work every time it should be viewed as a #levelofinterest pic.twitter.com/Rqm2Rg1H3U — Brian Shannon, CMT (@alphatrends) September 17, 2021 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). All eyes continue to be on the 50-day moving average as the S&P […]
Chart of the Day – Wednesday, May 26th, 2021
is #Ethereum $ETH.X a buy here?not for me.. pic.twitter.com/2DuZBsGyPR — Brian Shannon, CMT (@alphatrends) May 26, 2021 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). It’s a 2-hour candlestick chart of Ethereum ($ETHUSD). Brian reminds us that trying to catch a falling knife often ends in pain. Ethereum peaked around $4,330 on […]
Chart of the Day – Thursday, July 30th, 2020
I cringe when I hear people say "Intel's a good co, its down too much, Im buying here" Look how that has worked the last 2 times, if you scroll back on your chart you will see it has history of disappointing "dip buyers" $INTC so many stocks in uptrends, y waste your time? pic.twitter.com/hlejrfCaKn […]
Chart of the Day – Friday, February 21st, 2020
For the last 15 or so years, my number one intermediate-term bias tool for the market (and individual stocks) is where the price is in relation to and the direction of the 5 DMA Lower low and lower high below flat/decl 5dma = bearish intermediate-term bias for now $SPY pic.twitter.com/9ZkJKgciBB — Brian Shannon, CMT (@alphatrends) […]