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@alphatrends | Brian Shannon
Author, Technical Analysis Using Multiple Timeframes https://amzn.to/2KhJw4B Only Price Pays! NOT trade advice
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Most engaging posts mentioning stocks from @alphatrends over the last 72 hours.
While the $SPY is below the declining 5 DMA, I still consider it a bounce in an intermediate term downtrend Be aware of the WTD AVWAP just under 505 if trading the bounce https://t.co/EntYDMNl0s
YTD ⚓️VWAP $SPY Undercut round number, grab stops and uneducated short sellers https://t.co/ZjkW4lXgsE https://t.co/iqa5YQ0PHW
Pop quiz What is the definition of a downtrend? $SPY $QQQ $IWM $SMH 15 Min TF yes, SPY closed gap and impt longer term AVWAPs are being tested but I dont see any evidence of buyers gaining control yet https://t.co/bOejTwKPwj
It is not encouraging action for short term that the AVWAP from the low has not been defended in $SPY Below decl 5 DMA still guilty until proven innocent at this important level of interest https://t.co/gRcmKy9xis
176& 169 are two of the more important levels of interest for $AMZN ahead of EPS report ⚓️VWAP https://t.co/ixnxXHhvEy
VIDEO 📽️Stock Mkt & Crypto Analysis 4/17/24 view here 👉👉 https://t.co/G5MX33w4dA 00:00 $SPY Hits YTD ⚓️VWAP 01:50 $IWM 38.2% & Oct ⚓️ 04:11 $QQQ failure YTD ⚓️ 05:54 $SMH flush to YTD ⚓️? 07:58 $XBI fresh lows 09:56 #Ethereum #Bitcoin 11:16 $TLT Broken
SP 500 Emini $ES_F is 0.60 above the overnight low don't think it cannot get worse today https://t.co/BjRwewGKWy
Not many cup and handle formations on the daily charts nice @marketsurge mug in front of HnS pattern on $SMCI https://t.co/gN9BNTZv0F
130 Min (3 equal periods per day) $SMCI chart Coming into the (purple)⚓️VWAP from the 1/19 breakout ~820 with the YTD AVWAP (blue) below that -795 https://t.co/4XpZm3jcYb
VIDEO 📽️Stock Mkt & Crypto Analysis 4/17/24 view here 👉👉 https://t.co/ubqKcVvBSN 00:00 $SPY Hits YTD ⚓️VWAP 01:50 $IWM 38.2% & Oct ⚓️ 04:11 $QQQ failure YTD ⚓️ 05:54 $SMH flush to YTD ⚓️? 07:58 $XBI fresh lows 09:56 #Ethereum #Bitcoin 11:16 $TLT Broken
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