05/10/2025 Weekend Update
Posted: Fri May 09, 2025 4:21 pm
Down 1 week, the next week has 59% chances to close up.
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05/10/2025 Weekend Update
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Re: 05/10/2025 Weekend Update
Posted: Fri May 09, 2025 11:13 pm
Over the weekend, please take a little time to vote for Cobra, thanks: https://stockcharts.com/public/1684859/ ... /533449397
Re: 05/10/2025 Weekend Update
Posted: Sat May 10, 2025 10:12 am
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.
Re: 05/10/2025 Weekend Update
Posted: Sun May 11, 2025 10:46 pm
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.