February 13, 2024, 2:17 pm EST Major Crack and Potential Supports It is one of the strong rallies in the stock markets in the past 3-4 months. Nasdaq-100 (QQQ) scored +28% gains (342 to 439) and Dow J...
January 9, 2024, 11:15 am EST Gap Zones for Ceiling and Floor (QQQ) Gap zones, either gap-up or gap-down, provide important information for the market reactions on volatile days. These hints are usefu...
October 22, 2023, 10:35 am EDT Late Stage of Convergence Pattern (QQQ) The Nasdaq 100 ETF (QQQ) made one of the strongest rally in 2023 by reaching about 44% gains in 7.5%. However, QQQ was moving sid...
September 21, 2023, 4:05 pm EDT Head-and-Shoulder Pattern (QQQ) One of the most frequent patterns for market participants to see the coming storm is the head-and-shoulder pattern in the stock market. ...
August 2, 2023, 1:52 pm EDT Uptrend Channel Pattern (QQQ) Nasdaq or Nasdaq-100 (QQQ) made one of the greatest rallies with more than +40% YTD gains (QQQ) as of today. It formed an uptrend channel pat...
July 20, 2023, 11:07 am EDT Overbought condition and Catchup Rally It is important to understand the condition of the current market in either overbought or oversold condition so that one can avoid ch...
July 15, 2023, 10:41 am EDT Leader vs Laggard What is the performance difference between the major indexes in the US stock market? The answer is 10X. Year-To-Date Performance on major indexes: Nasdaq...
May 26, 2023, 12:52 pm EDT Market Divergence and Semiconductor Leadership Market divergence and semiconductor leadership are obvious through yesterday’s Nvidia (NVDA) +26% and today’s Marvell (MRVL) 3...
December 30, 2022, 12:09 pm EST The 2022 Year-End Review When the last day of the year arrived, reviewing what we observed and what actually happened would be appropriate. We issued The Outlook of 20...