NASDAQ Tests All-Time Highs, S&P500 Bullish But Caution Advised
Day Trading Recap – June 24, 2025
Quick Scalp Wins on Both S&P 500 and NASDAQ Today’s levels delivered clean intraday setups on both the S&P 500 and the NASDAQ, with price reacting sharply at key levels and offering multiple scalp trading opportunities. 🟩 S&P 500 Our first short level on the S&P 500 triggered perfectly, with price reversing almost immediately on... Continue Reading →
Market Update: Mild Bounce Ahead of Tariff Deadline
Last week, the market saw a mild bounce across major indices after several weeks of selling pressure. However, price action remains trapped below the 100-day and 200-day moving averages, with no meaningful test of either level—yet. We are still anticipating a larger bounce, but volatility could begin creeping back in as we approach the April... Continue Reading →
Market Update: NASDAQ, S&P 500, and Russell 2000 Bounce – Key Levels to Watch
Technical Analysis & Market Overview The market is showing signs of a pre-market bounce as we see volatility drop significantly on the VIX. Historically, a declining VIX is a strong signal of a potential market floor or bottom formation. Russell 2000 (IWM) is leading the bounce with slightly stronger momentum than the other indices. NASDAQ... Continue Reading →
Stock Market Update: NASDAQ, S&P 500, and Russell 2000 – Are We Nearing a Bottom?
Oversold Daily Charts & Divergences on Hourly Charts We've seen a series of failed bullish divergences across the hourly charts of the NASDAQ (QQQ), S&P 500 (SPY), and Russell 2000 (IWM), leading to further downside pressure. However, what's particularly rare is how deeply oversold these indices have become on the daily timeframes. It's uncommon to... Continue Reading →