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 – Thursday, January 5th, 2023
$KWEB back to the VWAP off its 2021 high. pic.twitter.com/ucA47O5g6M — Andrew Thrasher, CMT (@AndrewThrasher) January 5, 2023 Today’s Chart of the Day was shared by Andrew Thrasher (@AndrewThrasher). Chinese Internet stocks have been a surprising area of relative strength recently. $KWEB has surged 100% in less than three months, while the S&P 500 has gone […]
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 […]
Chart of the Day – Thursday, June 16th, 2022
As discussed in Spaces w @WOLF_Financial $SPY bigger below is ~350 for 3 reasons that line up together 1 -⚓️VWAP 2018 low2 – 200 week SMA3- 50% retrace of Covid yes, Im aware of the 200 wk EMA at ~363 pic.twitter.com/sKBAPxWZ2o — Brian Shannon, CMT (@alphatrends) June 16, 2022 Today’s Chart of the Day was […]
Chart of the Day – Friday, May 13th, 2022
there are no coincidences$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 […]