$SPY is near all-time highs, yet only 25% of S&P 500 stocks are above their 50-day moving average. When mega-caps mask underlying weakness across the rest of the index, it exposes structural fragility and market manipulation at the top.
#StockMarket #SPY #MarketBreadth #Trading
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bitcoin:native Multiyear trendline still intact and what a great bounce. BTC now sits at a resistance and if we can break about 80k and hold, we can possibly go for new ATHs.
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$UBER This was a beautiful breakout of the bull flag. However, we're still range bound until we break and close above $80. We should be able to by EOM.
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$CRWV Still on an overall downtrend after getting rejected multiple times. We must break the 110 level with volume and stay above it for it to turn bullish.
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Broke out! Did you follow? $UBER
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And we have a breakout $UBER
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$QQQ — looks heavy up here.
Rallied hard off the ~660 low but stalling right into the 730-740 zone that's acted as resistance multiple times. Latest push got rejected again.
Below is an open gap sitting around 700-710 that hasn't been filled yet. That's the first real magnet if this rolls over.
If that gap doesn't hold as support, there's more room below it — especially with the Iran situation adding geopolitical risk to the macro backdrop right now.
Watching for a break below the recent swing structure to confirm. Not looking for shorts to be a hero, just respecting the level.
$SPY $QQQ
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$UBER — 27 weeks of accumulation just broke.
Uber spent the last 27 weeks range-bound between ~$67-$80 after topping near $102. Textbook distribution/re-accumulation range.
This week: first close back above that $80 resistance since the range started.
Old resistance → new support. That's the game.
If $80 holds as support on the retest, this range was accumulation, not distribution — and the measured move opens the door back toward triple digits.
Watching for $80+ close by month end. $100 stock.
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How are you supposed to chart this? LOL $SPY ONLY UP. It's becoming comical at this point
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