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05/10/2025 Weekend Update
05/10/2025 Weekend Update
Down 1 week, the next week has 59% chances to close up.
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Re: 05/10/2025 Weekend Update
Over the weekend, please take a little time to vote for Cobra, thanks: https://stockcharts.com/public/1684859/ ... /533449397
This is not investment or trade advice.
Re: 05/10/2025 Weekend Update
SPY daily.
In a trading range for a handful of days.
Above the EMAs 20 and 50. Hanging on the EMA 100.
The EMA 20 is up.
The EMAs 50 and 100 are flat.
MACD up. Histogram declining, but above zero.
The Sto is topped out.
Volume is very light.
The bias is up, per the trendline, but SPY is mostly in neutral. Yawn.
In a trading range for a handful of days.
Above the EMAs 20 and 50. Hanging on the EMA 100.
The EMA 20 is up.
The EMAs 50 and 100 are flat.
MACD up. Histogram declining, but above zero.
The Sto is topped out.
Volume is very light.
The bias is up, per the trendline, but SPY is mostly in neutral. Yawn.
Charts posted are not recommendations. They are just a sharing of information.
Re: 05/10/2025 Weekend Update
Futures gap up on "trade deal" news. However the pattern still is a rising wedge and near the wedge upper boundary so bulls are not out of the woods yet. I'm not sure whether the market would be disappointed when the “deal details" reveals as it sounds too fast to be true.
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