3/17 TA:

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UWMC - 8h - got the breakout, look for a restest to go long. Strong day today.

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U - 4h - got the retest and resumption, I day traded this a few times but I still like it. I could see 120-125 potentially

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QS - 4h - i'm bullish on QS, you just have to deal with some larger swings but its made pretty good money off of scalping, day trades, and spreads. A break on 65.4 would be a good scalp opportunity

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CRM - 4h - back above 210.5, so as long as that level holds I would go long. I may enter a spread to reduce some of the volatility in tech.

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I'll start with some weekly sector charts then go into a few tickers

QQQ - Wk -was starting to roll over, but the buy the dip crowd came in strong and looks like there is more upside ahead.

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SPX - Wk - had to use SPX as my SPY chart was too messy. Still in the uptrend, got a bullish reversal

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DIA - Wk - getting a little overextended, may need to pullback a bit

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RUT - Wk - here is something interesting. As I was drawing the trend it looks like it backtested the trend from below and may start to roll over given its vertical move up. Of course this isn't the only trend line that can be drawn, but I did think it was a different take of what I have seen elsewhere

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XLF - Wk - financials had the nice rebound of the main trendline and I took a good swing trade off if it. However, this was a rocket ride that also coincided with rising yields. It definitely needs to come down a bit before I would be a buyer.

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XLB - Wk - still in a pretty solid uptrend, nothing of concern

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XLU - Wk - still decently below its highs, this may be one of the few beat up industries that hasn't rallied yet. I may go light on a position here for a value play.

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Good read. Maybe the drop in VIX is a fake out. I'll have to keep watching to see how utilities perform and if they keep trending upward.

XLI - Wk - getting a bit extended, I would wait for a cooloff to go long

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XLE - the elephant in the room. Filled the weekly gap and reversed. May just be a short term pullback or may spell more trouble for energy. I'd avoid or even a put/short position.

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FSLY - 4h - back above 72.5, leaning bullish. I may enter a spread here too. FSLY has been trading between 120 and 70 since November, it may also be a good time to sell puts

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DKNG - 4h - if I was a full time day trader, this thing has been golden. It respects the technicals so well. I've gotten shaken out a few times but also had some really nice trades. I think it goes to retest the 75 highs

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HD - 8h - I've taken some nice trades on HD. Great reopening play. Needs to get above 282 to run a bit more, but above 290 it can really go.

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2-16 TA Thread:

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I also wanted to ask for those that follow - is there anything helpful that could be added to this bowl? Any other discussion topics?

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Saw a few folks asking about Gold/Silver, so thought I would post the charts. I had been following SLV more closely as the technical set up was a bit more bullish, but noticed we had some good technical price action on GLD last few days. See charts within:

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QS Filled the last daily gap - may be a good entry technically.

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3-2 Brief TA:

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Can you do the technicals for GME? Haha jk

Here is a potential interesting set up: Adobe weekly chart, forming what could be a bullish reversal off of the support trendline going back to last February. I may get longer dated calls or go for a spread.

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2-1 TA Midday update (SPY, CRM, AAPL)

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