allstarcharts

allstarcharts

Despite more than a 40% move off their lows, Micro-Caps still have lots of work to do... it will be important to see how price reacts to this area of potential overhead supply in the low 80's. This level is crucial as it represents the 2014-15 highs and 2018 lows. We saw the first try fail today. $IWC has achieved a higher momentum reading than any of the...

allstarcharts

After rallying 40% over the last month is former support about to turn into resistance for Retail? $XRT is approaching a logical level of overhead supply at a variety of key prior lows ~$38. Momentum remains in a bearish regime as the daily RS1-14 has been unable to achieve an overbought reading despite the recent rally. In fact, it hasn't been overbought since 2018.

allstarcharts

$MSCI has been one of the strongest stocks in the S&P 500 $SPX for years now... with a bearish momentum divergence and engulfing candle after prices failed to hold new all-time highs today... is that about to change?

allstarcharts

$NFLX printing an epic failed breakout today. Now back below its 2018 highs which is an excellent place to define risk... "From failed moves come fast moves in the opposite direction" is how I learned it.