🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

$QQQ Breadth, although it has pulled back a bit over the past few days still looks great. As long as these charts remain on a Buy, we have the wind at our backs. Both New HIghs-Lows and Adv-Dec are looking good.

Sideways.

$QQQ The hrly chart of money flow momentum(Chaikin Oscillator) and On Balance Volume are both maybe, possibly, anticipating a break of this trading range to the upside. We'll know when it happens. Still have the February highs to deal with.

$SPY As mentioned yesterday, I was looking for a break of the 2 week trading range. Looks like today is the day. We'll have to wait for 4pm. I'm seeing a lot of this Cup & Handle formation in the charts. The measured move is... Heart be still. I wouldn't dare. Focus on prev ATHs.

And the beat goes on (till it doesn't). Sitting on my hands.

$QQQ OK, here's a projected move for you. No guarantees. No time projection. No prediction of pain. You get what you pay for. BTW, the projection based on the flagpole is 25%. Hrly chart

Many thanks to The Chart Report for the posting.

I'm not the only one that likes to look down the road to see a target worth hitting/working towards. Nice chart.

U.S. stock market could come back to double-digit returns in 2025 - Carson’s Ryan Detrick, CMT Seeking Alpha

$QQQ A measure of Mkt Breadth that I follow is the % of stocks on Bullish Percent Buy signals. Above the 21d MA and I breathe easier. The recent lapse in breadth support appears to be resolving (for now).

$QQQ In spite of the fact that I am pretty invested here, there are some negative divergences building. This strong market has minimized them but we may continue this sideways, backing & filling. Sitting on the impulsive hands.

$SPX Breadth continues to support the rally. There may be backing and filling as we are dealing with recent ATHs but stick with the plan. Support is there.

$QQQ Money flow as per Accum Distribution & On Balance Volume continue to show positive divergences and support this market. Overhead resistance w old highs and a market appearing a bit weary but I'm still sitting on the hands.

$SPY OK, climbing the wall of worry. I can handle that. Didn't get shaken out this time. Still have the old ATHs to deal with. Then, the project move is... drum role... ~20%. Still a dream but not unreasonable. Day's not over!

$QQQ As I've said, the recent ATH's need some getting through. As long as we stay above 525 I'll try to hang tight. So much news to drive the charts. I'm trying not to listen but you just gotta.

It's impacting the Market so it's of interest.

Not The Mkt. One of the signs at the Richmond, VA No Kings Demonstration.

$SPX With all the sabre rattling the Mkts are spooky & things could go South. Bullish % is breaking down. Not a great sign. I plan to tighten stops. Could be a shakeout coming.

$QQQ These news driven events are undermining Market momentum as seen in the neg divergences building. Either these resolve with positve price action or the chances of a painful pullback are lining up. Time to tighten stops.

Best thing I've seen on FinTwit. And you gotta understand this to run the table. Thank you Jurrien Timmer