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6/6/2022 Trend Analysis

Writer's picture: NTS TradingNTS Trading

 


 

I would not be surprised if Volatility continues. Most names are still in long term downtrends. What that means to me is that there are probably still quite a lot of bears to shake out before the market can really make a large move to the upside. Until these bears are "shaken out" we can very easily experience large moves to both the upside and the downside while bulls & bears fight. In a very volatile market, profits can come quick, but they can go just as quickly as they came, if not faster.

 

SPY.Close

2022-06-03 410.54

[1] "Breakouts"

[1] "Trends:"

SPY Price is in a One Week Uptrend

SPY Price is in a Two Week Uptrend

SPY Price is in a Three Month Downtrend

SPY Price is in a 100 Day Downtrend

QQQ.Close

2022-06-03 306.2

[1] "Breakouts"

[1] "Trends:"

QQQ Price is in a One Week Uptrend

QQQ Price is in a Two Week Uptrend

QQQ Price is in a Three Month Downtrend

QQQ Price is in a 100 Day Downtrend

QQQ Price is in a 200 Day Downtrend



XLK.Close

2022-06-03 139.99

[1] "Breakouts"

[1] "Trends:"

XLK Price is in a One Week Uptrend

XLK Price is in a Two Week Uptrend

XLK Price is in a Three Month Downtrend

XLK Price is in a 100 Day Downtrend



MSFT.Close

2022-06-03 270.02

[1] "Breakouts"

[1] "Trends:"

MSFT Price is in a One Week Uptrend

MSFT Price is in a Two Week Uptrend

MSFT Price is in a Three Month Downtrend

MSFT Price is in a 100 Day Downtrend



ADBE.Close

2022-06-03 429.76

[1] "Breakouts"

[1] "Trends:"

ADBE Price is in a Two Week Uptrend

ADBE Price is in a One Month Uptrend

ADBE Price is in a Three Month Downtrend

ADBE Price is in a 100 Day Downtrend

ADBE Price is in a 200 Day Downtrend



NVDA.Close

2022-06-03 187.2

[1] "Breakouts"

[1] "Trends:"

NVDA Price is in a One Week Uptrend

NVDA Price is in a Two Week Uptrend

NVDA Price is in a Three Month Downtrend

NVDA Price is in a 100 Day Downtrend



AMD.Close

2022-06-03 106.3

[1] "Breakouts"

[1] "Trends:"

AMD Price is in a One Week Uptrend

AMD Price is in a Two Week Uptrend

AMD Price is in a One Month Uptrend

AMD Price is in a 100 Day Downtrend



AAPL.Close

2022-06-03 145.38

[1] "Breakouts"

[1] "Trends:"

AAPL Price is in a Two Week Uptrend

AAPL Price is in a Three Month Downtrend

AAPL Price is in a 100 Day Downtrend



AMZN.Close

2022-06-03 122.35

[1] "Breakouts"

[1] "Trends:"

AMZN Price is in a One Week Uptrend

AMZN Price is in a Two Week Uptrend

AMZN Price is in a Three Month Downtrend

AMZN Price is in a 200 Day Downtrend



GOOGL.Close

2022-06-03 2290.82

[1] "Breakouts"

[1] "Trends:"

GOOGL Price is in a One Week Uptrend

GOOGL Price is in a Three Month Downtrend

GOOGL Price is in a 100 Day Downtrend

GOOGL Price is in a 200 Day Downtrend



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