BTCUSD buyers have been in control since mid day yesterday. Price is heading into resistance. Support and resistance points are presented for possible entry points and trade targets.
QQQ buyers are in control right out of the market open. Resistance levels and support levels presented. Bias is short, but long and short targets are presented.
The SPY is trading around the 2022 AVWAP and below the Fed March 15 VWAP. 5DMA trending down. Bias is short, but the market looks tricky and could be getting ready to chop up and down for a while. Long and short targets are presented.
Sellers have been firmly in control yesterday and today. Price is at a convergence of supporting VWAPS and a support line. Long and short price targets are presented.
Sellers have been in control this morning. Market analysis of these ETF indexes DIA, SPY, QQQ, IWM, VIXY with probable targets.
The market ended the week on a weak note for the most part. Long and short targets for SPY QQQ DIA and VIXY.
Markets are trying to consolidate and rally to higher highs on the daily chart - but running into resistance at this moment on the intraday levels. Possible upside and downside intraday targets are discussed.
Buyers took control in the afternoon but did not close out strong.
Long term markets are still long, but price action and VWAP analysis is showing weakness today and yesterday which may roll over into a further correction down in price. The VIX is a little less bearish about market direction on an intraday basis. My bias is down or sideways. There is an increasing amount of resistance to the upside and not a lot of base building...
SPY sellers have been in control since March 29, and today finally hammered the SPY down below a significant support daily chart support level - finding support at the AVWAP drawn off of the March 15th Fed rate hike. I believe the support level that was gapped below today will be tested as resistance in the near future. If it fails off of that support level, I'd...