HOOD recently broke out of a bull flag during a pre-earnings rally.
BTC is forming a bull flag on the 1D chart. It has shown some weakness after rejecting off the top end of the flag recently, but given that the halving has just completed and after seeing it hold on a fakeout below GETTEX:59K , it looks primed to go on another extended bull run up towards $100k.
SPY is looking quite bullish for now, just broke above a bear flag it had been forming and filled a gap near $517 today, I'm expecting a push up to the $520 area if this and VX weakness continues. I'll be looking for it to retest that bear flag for an entry.
AMZN sold off along with most stocks after it broke below a major ascending wedge it had been forming for months. It has already failed once on a retest of this level and tried again today. It looked good to reclaim the wedge, but ultimately sold off and closed nearly right on the trendline. This will be a critical area to watch. I would normally always expect...
NQ is setting up well for a long or a short opportunity. Looking for NQ to fail at supply and retest the trendline it just broke above for a long or for it to fall back below that trendline and fail on a retest for a short.
NQ 4hr chart showing multiple trend lines and supply/demand zones.