Marcus Grant, CFTe

Technical Analyst & Trader | Subscribe to my free Substack: 📈 | Tweets ≠ financial advice

[Marcus Grant, CFTe @TheChartEdge]

The Market Temperature Model - Every week, before I look at a single chart, I check the temperature of the market. 12 indicators, 4 pillars, one number between 0 and 10. I've written up how it works and what 18 years of data says about it.
https://t.co/OBbrfW72A0

[Marcus Grant, CFTe @TheChartEdge]

https://t.co/vYyR1L3Ctt

[Marcus Grant, CFTe @TheChartEdge]

🌡️ The Market Temperature rose to 6.4 last week, moving into the 'Strong' zone.
💥 $FNGS broke out to a new weekly all-time high. But $NVDA fell 1.95% and sits in the Lagging quadrant.
The breakout was led by $MU (+29%), $PLTR (+14.4%), $AVGO (+7.9%) and $MSFT (+7.6%) - though PLTR and MSFT both remain below their 200-day SMAs.
Full breakdown in the replies 👇

[Marcus Grant, CFTe @TheChartEdge]

https://t.co/6XL2AMzLbw

[Marcus Grant, CFTe @TheChartEdge]

📊 Market Temperature: 6.7
Indices closed at ATHs last week, but are reaching historical extremes
• $QQQ 14.55% above 50-day SMA (approaching 99th percentile)
• $SPY 7.80% above 50-day SMA (99th percentile)
• 9 of 11 sectors Lagging. Only $XLK Leading.
Full breakdown below 👇

[Marcus Grant, CFTe @TheChartEdge]

https://t.co/dlhdTCRyAg

[Marcus Grant, CFTe @TheChartEdge]

Full weekly breakdown - temperature pillars, relative strength across 121 ETFs, semis, AI, critical metals, energy, and more 👇
https://t.co/zQZ9r2U2Qj

[Marcus Grant, CFTe @TheChartEdge]

Market Temperature Update: 7.4 (Surge) ➔ 6.4 (Stable)
📈 $SPY & $QQQ: All-time highs
📉 Tape/Trend Pillar: Dropped 0.4 points
📉 Regime Pillar: Dropped 0.4 points
A 1-point drop while indices grind higher feels contradictory, but the backtest says otherwise. Full breakdown below 👇

[Marcus Grant, CFTe @TheChartEdge]

More on the benchmark illusion in software and this week's full drill-down 👇
https://t.co/UkEG3HKovR

[Marcus Grant, CFTe @TheChartEdge]

https://t.co/sEI59dA9J7

[Marcus Grant, CFTe @TheChartEdge]

A10 Networks $ATEN
Leading within $IGV. Strong Uptrend.
Cybersecurity and application delivery. Expanding into AI workload security. Small-cap in $IJR and $IWM. Earnings today, April 28, after the market closes, so the chart could look very different tomorrow.

[Marcus Grant, CFTe @TheChartEdge]

The full XLF breakdown and why financials might be the most misleading ETF right now 👇
https://t.co/yEsh15MgqQ

[Marcus Grant, CFTe @TheChartEdge]

Morgan Stanley $MS
Leading within $XLF. Strong Uptrend.
Tight consolidation under all-time highs. XLF is Lagging relative to $SPY, but that hides strength in big banks.

[Marcus Grant, CFTe @TheChartEdge]

This was one of the names that came out of my ATR-adjusted setup screen. More detail in this week's drill-down 👇
https://t.co/UkEG3HKovR

[Marcus Grant, CFTe @TheChartEdge]

https://t.co/sEI59dA9J7

[Marcus Grant, CFTe @TheChartEdge]

Lam Research $LRCX
Weakening vs $SMH. Strong Uptrend.
Gained 0.07% last week while SMH surged over 9%. Tight consolidation near all-time highs.

[Marcus Grant, CFTe @TheChartEdge]

https://t.co/sEI59dA9J7

[Marcus Grant, CFTe @TheChartEdge]

Full drill-down across the AI stack, financials, and oil services with a TradingView watchlist on this week's TheChartEdge post 👇
https://t.co/yEsh15MgqQ

[Marcus Grant, CFTe @TheChartEdge]

GE Vernova $GEV
Leading vs $SMH. Strong Uptrend.
Gapped up on earnings Wednesday, then traded tight Thursday and Friday. Watching to see if it can hold Wednesday's low. If it does, it's a sign of real strength. Even if it fills part or all the gap, but holds the 20 SMA, it could provide a new entry opportunity.

[Marcus Grant, CFTe @TheChartEdge]

I benchmarked 81 AI names against $SMH. $NVDA and $AVGO aren't leading. The real strength is in interconnect, the crypto-miner pivot, and data-centre power. I mapped the whole stack and ran the rotation data. Full breakdown and a free TradingView AI watchlist on Substack.
👇
https://t.co/l5F8cCpDQY

[Marcus Grant, CFTe @TheChartEdge]

Market Temperature hit 6.9 - one tick from Surge territory. 8 of the top 15 ETFs in our 121-ETF universe are AI or semiconductor-related.

This week's rotation analysis is up, with an AI deep-dive coming later this week.
👇
https://t.co/nDzRujcY3v

[Marcus Grant, CFTe @TheChartEdge]

@TheShortBear Nice chart!