Neoclouds closed at new 52-week lows on Friday, and the group is gapping lower to start the week following bearish weekend comments from Elon Musk.
The price action, however, was already sounding the alarm well before his remarks.
Read the full note in today's Morning Print. 🌤️
https://t.co/RpckkOs0Gw
Today's Chart of the Day was shared by @Axis_Balance
Silver is nearing a retest of its 45-year cup & handle breakout, bringing a major long-term level back into focus.
Get the full details in today's report plus more great charts. ⬇️
https://t.co/FkbbPYRHoB
Consumer Staples are breaking out on both an absolute & relative basis.
Outperformance from this group typically coincides with a market under pressure, and that’s exactly what played out yesterday.
Read the full note in today's Morning Print. 🌤️
https://t.co/UBArux6ZN0
Today's Chart of the Day was shared by @bluechipdaily
The AI trade beyond semiconductors continues to deteriorate, with several industrial & power names completing bearish tops.
Get the full details in today's report plus more great charts. ⬇️
https://t.co/TY74SNxzwt
Today's Chart of the Day was shared by @bluechipdaily
The AI trade beyond semiconductors continues to deteriorate, with several industrial & power names completing bearish tops.
Get the full details in today's report plus more great charts. ⬇️
https://t.co/TY74SNxzwt
Today's Chart of the Day was shared by @CalebFranzen
The $80k polarity level continues to hold as support for Bitcoin, giving those seeking crypto exposure a well-defined area to manage risk against just ahead of what has historically been Bitcoin’s best month of the year.
Get the full details in today's report plus more great charts. ⬇️
https://t.co/4pwfi5wQkv
The market environment today is very different from the one we experienced in Q2.
When the Nasdaq 100 broke out above $635 in April, the market ripped higher.
This time, when QQQ tried to clear $745, the breakout quickly failed.
Read the full note in today's Morning Print. 🌤️
https://t.co/R8mue1V572
Today's Chart of the Day was shared by @CalebFranzen
The $80k polarity level continues to hold as support for Bitcoin, giving those seeking crypto exposure a well-defined area to manage risk against just ahead of what has historically been Bitcoin’s best month of the year.
Get the full details in today's report plus more great charts. ⬇️
https://t.co/4pwfi5wQkv
$SPY is coiling inside an ascending triangle with volatility extremely compressed.
A strong push above the failed breakout anchored VWAP, and this market can take off 💣
The market environment today is very different from the one we experienced in Q2.
When the Nasdaq 100 broke out above $635 in April, the market ripped higher.
This time, when QQQ tried to clear $745, the breakout quickly failed.
Read the full note in today's Morning Print. 🌤️
https://t.co/R8mue1V572