SPY/QQQ Hold Support, Bounce off Mildly Oversold Conditions and continue Month’s Long Consolidation
Samwise Quick Reference Handbook To streamline our daily blogs and conserve space, we’ve organized key resources into a convenient, collapsible […]
Potential Double-top Across Indices as Rally Extends to Melt-Up Status
Samwise Quick Reference Handbook To streamline our daily blogs and conserve space, we’ve organized key resources into a convenient, collapsible
Potential Double-top Across Indices as Rally Extends to Melt-Up Status Read Post »
Market Retest Outlined on Friday Continues toward Top of the Range as $VIX Pears Back
Samwise Quick Reference Handbook To streamline our daily blogs and conserve space, we’ve organized key resources into a convenient, collapsible
Market Retest Outlined on Friday Continues toward Top of the Range as $VIX Pears Back Read Post »
$VIX Surges to 28 as Volatility Spreads to European Markets; Topping Process Continues
Samwise Quick Reference Handbook To streamline our daily blogs and conserve space, we’ve organized key resources into a convenient, collapsible
$VIX Surges to 28 as Volatility Spreads to European Markets; Topping Process Continues Read Post »
Head & Shoulders Potentially in Play on the SPY/QQQ; High Vol Period continues
We’re now about 5 days into the high vol topping period with both the QQQ & SPY appearing to form head & shoulders tops. Regardless of how it plays out, one thing that is clear is that we’re at a top. What will follow from this is the market rolling over.
Head & Shoulders Potentially in Play on the SPY/QQQ; High Vol Period continues Read Post »
Market Going Through Complex Topping Process as Volatility Continues
Day 4 of high volatility markets continues. With $590 lows yesterday to $607 highs today, there’s an indication the market is going to run trough a complex topping process rather than a hard top. But a hard top is still possible as seen in July 2024’s 4-days of volatility.
Market Going Through Complex Topping Process as Volatility Continues Read Post »
High Volatility Topping Process In Play
With the QQQ first dropping 3.5% on Friday, rebounding 2% on Monday and then falling nearly 2% at the lows on Tuesday is a clear-cut indication that we’re in a high volatility topping process.
High Volatility Topping Process In Play Read Post »
The April 2025 Rally has Ended at 130-days Long (Regardless of Today’s Gap-Up)
While the futures are pointing to a deep green open, that is all going to be for nothing. That gap is going to be filled and the QQQ will soon roll over. Volatility shock has consequences.
The April 2025 Rally has Ended at 130-days Long (Regardless of Today’s Gap-Up) Read Post »
Day 130: Massive Reversal Underway Signifying a Potential Top in the Market
With the QQQ rally extending to a record 130-days — 16-days beyond the precious record — there’s now a huge reversal underway that threatens to end the rally.
Day 130: Massive Reversal Underway Signifying a Potential Top in the Market Read Post »
Rally Day 128: Yesterday’s Bearish Reversal Invalided; QQQ nearing where It would Traditionally Run into Trouble on Century Breakout
Samwise Quick Reference Handbook To streamline our daily blogs and conserve space, we’ve organized key resources into a convenient, collapsible