[isatrader]

Stage Analysis Members Weekend Video - Part 1 - 15 January 2022 has been posted (54 mins)

Members login to private twitter or Premium Members Board in the forum to view the Video.

➜ Non-members can find out more via the link on the homepage: stageanalysis.net

   

[isatrader]

New blog post on Gold and Silver: https://www.stageanalysis.net/blog/88434...e-analysis

[isatrader]

$IWM Russell 2000 attempting to breakdown into Stage 4. If you use #Wyckoff method, which is really useful when combined with Stage Analysis. Then the Stage 4 breakdown level is the SOW in Phase D of the distribution base structure.

   

[isatrader]

Growth indexes continue to make lower highs and lower lows. Stage 4 in three of the four indexes $IWO $ARKK $QQQJ & late Stage 3 in $FFTY

So a major question at the moment is will this weakness spill over into the broad market & pull the large caps and NYSE stocks down with it?

               

[isatrader]

Nasdaq Composite - a bearish scenario

It's currently approaching a major level of support / resistance, as the 14200 area & has had 2 swing highs and two swing lows over the last 12 months. So potential for a short term swing low & then retest the 200 day MA.

   

Nasdaq Composite - a bullish scenario

Same initial bounce at the major support level of 14200, but with the bullish scenario, it instead overcomes the 200 day MA and finds support on the backtest to it again & continues higher once more.

   

[isatrader]

20 year Nasdaq Composite chart with percentage of stocks above their 200 day MA, 150 day MA and 50 day MA underneath for comparison to past periods

Highlighted areas are when 200 day MA was below 30% level. Red line is current level in each.

   

#stocks #trading #investing #money

[isatrader]

Percentage of stocks above their 20 day EMA in the Nasdaq, NYSE, S&P 500 and Small Caps

Either in or approaching the lower zone. So potential for a swing low to form soon. But the signal in this isn't until there is a reversal back through the 30% level on "all" the charts.

               

[isatrader]

Nasdaq Advance Decline Volume line below its 50 day MA, which it's remained above 99% of the time since April 2020.