Precious metals are pulling off something wild. Can't recall the last time they kept hitting the same level over and over like this. Something huge is brewing… 🔥
$SPX strong recovery today, made the red to green move, lets see if it can get back through 7600 next
$QQQ much weaker than SPX, needs above 740 to set up for a red to green move, We're seeing a rotation today so far
$MRVL red to green, moved back above 300.. 339 possible in the next 2 weeks
@Barchart Been noticing this pattern a lot lately. It's wild how a stock can jump 10% in minutes then drop just as fast. Not sure if I'd call it opportunity or just gambling dressed up as strategy.
$MCD is right at the 200-week moving average and a key demand zone. Down about 19% from March highs. Probably due for a technical bounce soon. If that level breaks, there's a longer-term trendline near $260-$265 that could catch it 🍟