Lack of a breakout for $PYPL creating a headache for the chart as it is now forming a bearish wedge. Â Â
The stock market faces a major week of volatility and price swings with the FOMC Statement. This in addition to earnings coming from Meta, Apple, Google and Amazon that will be sure to rock the stock market for better or worse. I'll be going over the selling seen on Monday and whether it is indicative
$BIDU breaking back above its declining trend-line from October ’21  Â
$BBBY its like they never learn their lesson…  Â
S&P 500 (SPY) and Nasdaq 100 (QQQ) both made major moves via technical analysis when broke through their declining trend lines on their respective charts. These trend-lines go back over a year, and this is the first time that these ETFs have managed to break through!
$SPY 5 min intraday pullback only a 23.6% retracement from Thursday lows to Monday highs. Needs $395-7 to make it a meaningful one. Â Â
Resistance on $VIX continues to kick price back down. The 8th straight successful attempt this year alone and 11th overall. Â Â
Watch the $SLB rising trend-line off of the September lows. If it fails to bounce there, possible support from November, holds, but I wouldn’t count on it.  Â
SPY ETF was saw price get rejected at its key declining trend line. The S&P 500 could not continue the rally with year long resistance overhead. In this video I provide my latest technical analysis on the SPY ETF and S&P 500.
$GME so far is simply back testing previous support (now resistance). Â Â