Good morning☕️

📈Weekly Charts📉

A big week: Fed cut rates, indices pushed to new highs, small caps reclaimed leadership, and leaders kept pressing higher.

Let’s take a look at the charts that matter most 👇 $IWM gets the starting spot this week with a new all-time high weekly close.

It’s been a long road back to the $240s — a level that’s been resistance before.

📊Volume was heavy this week. RSI not yet overbought.

The question now ➡ follow-through or another stall?

The next extension level higher doesn't come in until near ~$295s.

Below, there is potential support near ~$229-$230, the 10-week MA🔴and the AVWAP🟠 from the July test of support pivots and the 40-week MA🔵.

Good morning☕️

📈Weekly Charts📉are back! With Strength💪across the board.

✔️New highs. Broad participation. Even bonds are breaking out.
❔While some seasonality concerns linger, the weight of the evidence remains bullish — for now.

Let’s zoom out and break it down.👇 $SPX

📈Another new weekly closing high, up ~3.5% from last week’s low.
📊Volume? Above average.
😎RSI? Rising, but not overbought (68.22).

💪Momentum and structure both remain strong.

Ever zoomed out to just look at the $SPX S&P 500 sectors on a monthly chart?

If not, you should. The long-term trends speak volumes—if you’re tuned in.

Here’s what I’m seeing across the board this month 📈 You don’t need much to spot the trend.
No moving averages. Very limited commentary.

Just clean monthly charts that show where things stand.

$XLB

Good morning☕️

📈Weekly Charts📉 are here. Let's take a step back, consider the broader perspective, and get a feel for where markets might head next.

📌 Indexes, sectors, key levels
📌 Macro check-in
📌 Breadth

💯Clarity > prediction. Let’s dive in… $SPX starts it off with a small range and indecisive action.

After hitting a new high, it came back down to close slightly lower for the week, signaling potential for reversal.

Confirmation of that would pair well with the weak September history, likely leading to a pullback.

Good morning! ☕️

📈Weekly Charts📉

We've got some new highs, fresh rotations, and plenty of signals to track.

A lot to unpack this week.

Grab a coffee ☕ and let’s dive in🚀 $DIA gets the starting spot today as it flirts with a new weekly all-time closing high. Missed by half a point.

The more times a level is tested, the more likely it is to give way. 📈

Good morning☕️

📈Weekly Charts📉 Here we go!

$SPX faced indecision this week, printing a spinning top candle -- meaning, the open and close were almost the same, and both landed right in the middle of the week's range.

🔵5756 is the 40-week MA above
🟠5575 is the AVWAP below

RSI is in the center, and volume was average $QQQ spent another week testing the 40-week MA, but could not move above.

Good morning☕️

Welcome to the📈Weekly Charts📉thread. Grab a coffee (or two) and let's have a look at the destruction. 🔴

Stocks took another Tariff Tumble this week w/ $SPX falling nearly🔻-10% from last week's close.

Prices ended the week below the August 5 pivot low with the selling coming on heavy volume.

Weekly RSI is < 30, a condition not seen since the COVID crash when this index dropped ~35%. It is currently down about half that much, or -17% from the high weekly close.

The next potential support levels on this chart come with pivots near 4818 and 4953, with an AVWAP🟠 from the Oct. '22 low at 4896. $QQQ has exceeded the -20% drawdown mark (~$432), closing the week very close to the August pivot low.

RSI is < 30, and volume was almost double the average.

Potential support is roughly near $400-$410 in a series of pivots and the AVWAP🟠from the start of the uptrend.

Good morning☕️

It's time for the 📈Weekly Charts📉

Starting w/ $SPX What's that we see?

"The charts are not bearish. Consolidations within uptrends are healthy and tend to lead to more new highs."

Yep, new highs. ✅ $QQQ bounced from the 10-week MA up to a new closing high $1 below the pivot high from mid-December.

Good morning☕️

It's time for📈Weekly Charts📉

$BTCUSD is still following the plan by giving a long shadow beneath the 10-week MA before closing above.

We're now approaching Week 10 of the consolidation period, which brings the potential for a big move up and out of the range.

Let's be ready. $SPX with a strong bounce from the Aug. low AVWAP🟠and the trendline.

Volume was good, and RSI turned higher. The pivot high near 6100 isn't far away now.

Good morning☕️

📈Weekly Charts📉 Let's do it.

Is the next $BTCUSD breakout coming in 2 weeks?

This breakout is still nearly a carbon copy of the Oct. '23 move. So we'll keep watching it that way.

Last time, it took 7 weeks of sideways action for the price to hit the 10-week MA. Then, it didn't move up and away until week 10.

If the pattern continues to repeat, that would mean the next big move higher should start in two weeks. $SPX moved into the lower half of the Bollinger Bands, nearly touching the August low AVWAP🟠

The index is down -4.32% from the closing weekly high.

Good morning☕️

Welcome to the 📈Weekly Chart📉review - the last one of 2024.😯

Starting w/ $BTCUSD, which is still taking a break.

🔹Last year's breakout took it up for 7 weeks before consolidating for 7 weeks.
🔹This year, it moved faster, so it makes sense that the rest started a week early.

Does it stay in a range for four more weeks? $SPX has an inside week, resting on the 10-week MA. RSI remains bullish, while the weekly volume was about half the average.

Potential support comes in near-

🔹5878 pivot
🔹5800 middle of the Bollinger Bands
🔹5769 pivot low AVWAP
🔹5554 40-week MA

Good morning☕️

📈Weekly Charts📉 here we go. Starting w/ $BTCUSD.

Dec. 7 --> "If the similarities continue, we may want to watch for some slowing down soon."

Here we are. Bitcoin tops $108k before returning to test the lows of the last 3 weeks.

Watch for the low $90k's to hold subsequent tests as the 10-week MA catches up to price. Now moving to $QQQ

There was a lot of excitement this week, but it doesn't look like much happened on this chart.

Normal pullback into the uptrend zone with RSI remaining bullish. Volume was higher than average, likely due to Opex and index rebalancing.

You didn't think I was done, did you?

More charts coming up as we look at some watchlist names and recent favorites.

The Inner Circle has been🔥lately, with tons of idea flow. Many of them were shared right here on @X for free!

If you're not following my friends @epictrades1 @CrankyRicky and @KirasEpicTrades, you should be. $APP keeps lovin' the big base breakout.

You've heard that one of the most bullish things a stock can do is to get overbought and stay that way.

Exhibit A👇RSI has been > 70 for the better part of 3 months!

Good morning ☕️

It's time for the 📈Weekly Charts📉

Starting with $BTCUSD and the path to $180k. This breakout is progressing very similarly to last year's—only it's moving much faster.

🔹2023 5 weeks +21%
🔹2024 5 weeks +38%

A pretty good start. The weekly RSI is about the same, though price is a bit more extended beyond the 10-week MA.

The last move rose about 42% before entering a consolidation period of 8-9 weeks. So, if the similarities are to continue, we may want to watch for some slowing down soon.

Good morning ☕️

I hope you're all having a great holiday weekend. Let's look at just a handful of monthly charts before we all get back to family, football, and hanging Christmas lights.

$SPX is Just a good 'ol boring uptrend. $QQQ is the same.

☕️Grab a coffee and settle in.

It's time for 📈Weekly Charts📉. Starting with the chart that everyone is watching the most.

$BTCUSD The Oct. '23 breakout ran for 7 weeks and 45% before giving way to a red candle. And that was only about 1/3 of the total eventual move.

This breakout has already run nearly 38% in 3 weeks. How long before it takes a rest? Bitcoin isn't the only one moving either.

$ETHUSD, $LTCUSD, $SOLUSD are on the move

Good morning ☕️

Rub your eyes and grab a coffee. It's time for a look at the 📈Weekly Charts📉

Starting w/ $SPX giving back about half of the election rally and dipping just below the pivot high of October. $QQQ after a quick peak above, they are back below the 1.618 Fib extension and into the trendline zone.

📈Weekly Charts📉 Let's go!

$SPX red week #2 and down to the 10-week MA on higher volume.

5600-5700 is the key support area - Fib ext, pivot highs, AVWAP🟠, center of the BBands. RSI is still in the bullish upper half.

A fine place to test and hold ahead of the election. $QQQ still fighting the battle at the trendline and Fib extension level ~$504.

$474-$481 is potential support w/ an AVWAP🟠, the 10-week MA, and center of the BBAnds.

RSI ~ 58
Volume just below average

Good morning again -- time for the 📈Weekly Charts📉

Starting w/ $SPX as it puts in the first red candle since the first week of September.

RSI peaked at just under 70 again, and volume remains lighter than average. $QQQ keeps riding the trendline higher, inching towards a breakout over $504.16. RSI has plenty of room above, and volume has started to pick up.

Good morning☕️

It's 📈Weekly Chart📉 time.

$SPX notches another new high close after testing pivot support. $QQQ is fighting to recapture the trend. If it stays under the trendline zone while moving to recent highs, that could be added resistance at ~$504.

The Bollinger Bands are flat, volume is average, RSI is in the bullish upper half - 59.

Good afternoon. It's time for the 📈Weekly Chart📉rundown — your one-stop view of the big picture of markets and trends.

Starting w/ $SPX, which put in another new weekly closing high.

🔹It's above the 1.618 extension level
🔹pushing the Bollinger Bands higher
🔹RSI is 65 /w plenty of room above

The uptrend continues

The first potential support is at the 1.618 extension and breakout level ~ 5638, followed by the 10-week MA and pivot low AVWAP🟠 ~5526 and 5550. $QQQ is still testing the trend zone from underneath while continuing the shorter-term breakout.

A new weekly closing high is less than 2% away, while new absolute highs are closer to 4% above at the 1.618 extension.

Support would likely show up near $466-$467 - the short-term trendline, 10-week MA, and pivot low AVWAP🟠.