Steve Briggs

Sharing technical observations on markets using price structure, momentum, and trend. Focused on clarity and consistency in charts.

[Steve Briggs @BriggsSteve]

S&P 500 – Market Perspective

Markets may be transitioning from expectation to reality.

Monthly & weekly momentum turning.
Structure weakening.

#SPX #SP500 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

Markets continue pushing higher, but historically low yields and stretched valuations suggest risk may be building beneath the surface.

A few thoughts below 👇

#SPX #SP500 #NASDAQ #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

FTSE 100 (UK100)

US markets pressing higher.
FTSE still rotating between key Fib levels.
10,149 support
10,447 resistance
10,631 at 76.4%

4H range,
→ Break above = upside momentum
→ Daily McD tightening

#FTSE #UK100 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

@sasaigeyooooo Agreed.
Strong businesses ultimately matter most.
I’m just mindful that price can move well ahead of value for periods of time, which is where momentum & timeframe analysis help.

[Steve Briggs @BriggsSteve]

S&P 500 update

Value concerns remain, but technicals still leading.

Weekly MACD ↑
Daily trend strong, though increasingly stretched.
For now:
trend remains intact until momentum says otherwise.

Nothing assumed.
#SPX #SP500 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

I always consider the weekly & daily timeframes together.

Weekly = directional bias
Daily = condition & timing
The weekly MACD turning up often signals the bigger move developing.
The daily helps assess strength, extension or deterioration.

Context matters.
#SPX #SP500

[Steve Briggs @BriggsSteve]

FTSE 100 (UK100)

Similar structure to SPX 5 days ago now playing out.

Daily momentum rolled over (MACD).
4H failing below prior resistance fib 76.4, 10,631.

#FTSE #UK100 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

S&P 500 update

12.7% rally (6.3K → 7.1K)
Daily stretched (MACD / RSI)
7.2K resistance

4H 8/21 crossing ↓
Momentum fading ↓

Consolidation likely
Upside limited short-term — nothing assumed
#SPX #SP500 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

Markets pushing higher…

Nasdaq +41.9%
S&P +30.5%
FTSE +23.4%

Strong performance.
But the Bank of England warns markets may not reflect underlying risk.

Strength doesn’t remove risk—
it often hides it.

https://t.co/vKE8F3jkJW

[Steve Briggs @BriggsSteve]

FTSE 100 (UK100)

10,640 remains key.

If US opens bullish, could see a push through resistance and continuation higher.

Shorts need to be cautious here.

#FTSE #UK100 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

FTSE 100 (UK100)

10m showing repeated tests of 10,640 resistance.

Now watch (1m):
→ EMA (8/21) cross down → short trigger
→ Stop above 10,640
Level tested multiple times — looking for rejection.

#FTSE #UK100 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

S&P 500 update

Weekly momentum building (MACD ↑)
Daily stretched (MACD / RSI)
7K level

Break & hold → upside
Failure → structure risk

Stay focused. Nothing assumed.
#SPX #SP500 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

@steve_sholli
Hi Steve, I’ve sent you a link via direct message. It’s a short screencast I recorded for you—hope you find it helpful.

[Steve Briggs @BriggsSteve]

@steve_sholli Hi Steve. Good question.

I don’t try to pick the top, I manage the move.
If 4H momentum starts to fade,
my main exit is the 8/21 EMA cross in the opposite direction. Factor in the daily —if coming off a strong low, momentum can carry, I’m more patient, let 4H cross confirm.

[Steve Briggs @BriggsSteve]

FTSE 100 (UK100)

Oversold daily → near top of bounce.
4H into 10,631 (76.4%).

Now watch 4H:
EMA cross = confirmation.

#FTSE #UK100 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

FTSE 100 (UK100)

Higher TF bearish, short-term bounce in play.
Daily MACD turning up from oversold → counter-trend strength.

Next resistance 10,447 (61.8%)

Then watch:
Break & hold above → 10,631 (76.4%)

#FTSE #UK100 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

S&P 500 update

Bias remains down (weekly/monthly).

Daily oversold → bounce in play.

Watching 6565 (50%) / 6638 (61.8%).
Look for lower high if momentum rolls.

#SPX #SP500 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

@steve_sholli Thanks Steve, really appreciate that. The videos were great to make but very time intensive, so I’m focusing more on written analysis for now. Glad you’re finding value in it.

[Steve Briggs @BriggsSteve]

S&P 500 – Market Perspective

Markets may be transitioning from expectation to reality.

Monthly & weekly momentum turning.
Structure weakening.

#SPX #SP500 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

S&P 500 update.

Since my last post, Feb 12 (6844) momentum has continued to weaken. Price now ~6650 and 6800 support has failed.

Monthly MACD turning down, weekly momentum deteriorating.

Bounce → watch 6800–6900 for possible lower high.
#SPX #SP500 #TechnicalAnalysis

[Steve Briggs @BriggsSteve]

Technical note:

Repeated tests of major support often absorb liquidity over time.

24K has now been tested several times on the NASDAQ — something worth keeping in mind.

#NASDAQ #TechnicalAnalysis