EvanMedeiros

EvanMedeiros

The US Dollar is surging into the weekend and pushing above the upper 2,21 Bollinger Band with supportive underlying trend.

EvanMedeiros

US 10-year yields are slamming back down into the 1.72 breakout zone going back to March of 2021. We're at a logical spot to bounce, but beware of a continued move lower just as the prevailing opinion is that interest rates must rise. Losing 1.70 and holding below on a closing basis would be an important change of character.

EvanMedeiros

After that 150% March to May run up, ETH/BTC looks primed to start a fresh leg of outperformance.

EvanMedeiros

After nearly 9 months of consolidation we're seeing the Russell 2000 wake up here into the end of the year while volume picks up. Keep an eye on this weekly close for breakout confirmation.

EvanMedeiros

Fresh all-time closing highs for Ethereum after a nice high tight week of consolidation. Large range bar, Bollinger Bands expanding, and a network that's jammed with activity (thanks SHIB). Looking good for more.

EvanMedeiros

When the US dollar soars to new highs it will often put at least short-term pressure on risk assets and especially commodities. We've observed with our own studies throughout 2021, most choppy or down stock market weeks were strongly inversely correlated to the US Dollar's bullish movement.

EvanMedeiros

The SPDR Select energy sector ETF (XLE) is gapping up to kick off the week and creating a 2-bar bullish island reversal at prior support and with bullish momentum divergence. This could be exactly what the bulls needed to kick this prior leader back into gear. No position personally, but looks good for at least short-term continuation.

EvanMedeiros

The Russell 2000 ($IWM) is once again back to this 210 band of prior support. We've seen buyers step in around this this level about half a dozen times this year. We're also closing below the lower Bollinger Band. The million dollar question: Is this time different? Place your bets!

EvanMedeiros

As long as the Bitcoin bulls can keep this over roughly the 41k area (top end of recent multi-month range), they could see this rally accelerate towards 50K in pretty short order. More notes on chart.

EvanMedeiros

It's been a choppy 2.5 month trading range between roughly 30K and 40K for Bitcoin but most recently, we've seen a handful of consecutive bullish expanding bars to the upside. We've covered a lot of ground over the past 5 days and now it seems like we're at a bit of an inflection point at the top end of this channel. So what do you think, are we ready for a...

EvanMedeiros

It has been a rough year here for Chinese stocks but after this recent weeks acceleration lower it feels like we're entering at least some type of short-term capitulation washout. Volume acceleration Extension outside multiple time frame Bollinger Bands Speed of sell off Definitely a fierce counter-trend trade for more experienced traders that can manage...

19:59

EvanMedeiros Updated 

The Trade Risk's latest stock market analysis video breaking down the price action and technicals of all major markets and sectors for the week. Key takeaways: Panic gets bought up Powerful bullish weekly bars everywhere Superbowl earnings week on deck MARKETS REVIEWED SPX - S&P500 QQQ - Nasdaq IWM - Russell 2000 ACWX - World ex-US JNK - High yield junk...

08:29

EvanMedeiros

In this quick state of the market video for 7/13/2021 we discuss the structural uptrends that have been in place for the past few months. We then talk about the dangers of weakening market breadth and why we're watching for more sectors to stabilize and resume uptrends through earnings to remain bullish on this market. Please enjoy!

EvanMedeiros

S&P500 chop continues for the 25th trading day in a row. Seems we're gearing up for some volatility expansion and a directional move in the coming days/weeks – question is, back to ATHs or a rollover down towards February lows?

EvanMedeiros

Deep value investors are all over the energy sector but the technicals are flashing warning signals. If we lose and hold < 35.50 risk opens back up to the lower 30s.

EvanMedeiros

Compare side by side the behavior of VVIX and VIX over the past two weeks and you'll see that VVIX demand held steady (positive divergence) while the VIX made new lows under 30, setting up the nice squeeze we saw on Tuesday.

EvanMedeiros

After a brief attempt at blue skies and all time highs, Netflix is checking back to its former resistance to see just how committed buyers are up here. Good area to watch closely if you missed the initial move and believe in the stock long-term.

EvanMedeiros

1) failed to breakdown last week 2) floated to the top of the range 3) bullish breakout attempt failed Lots of catalysts on deck for the rest of this week.