$DVN up against declining resistance.
Rising channel in place to trade from on $GMED. A break below would be bearish.
Solid bounce for $COST off key support. A break below would be reason to ditch the trade.
Keep an eye on $FSLR and this developing head and shoulders pattern. Not confirmed, but getting close.
With only two weeks left in 2022, can we expect a Santa Rally in the Stock Market? I go over my technical analysis for SPY, QQQ and IWM ETFs and whether stocks can expect a Santa Rally or will the stock market crash continue into 2023.
Multi-year support level on $AMZN getting tested here.
$WFC breaking below a critical rising trend-line.
That massive sideways channel attempting to break with a push below support on $ARKK
The FOMC Statement was released and Jay Powell had his presser thereafter. Stocks sold off as a result, and leaves traders wondering if we have really reached a stock market bottom. I provide my technical analysis for the stock market following the FOMC Statement and where the market looks to go from here.
Watch for a potential cross -section of support for $AMAT to bounce off of here.