Brian Shannon, CMT ⚓️
@alphatrends
Trader, Author, Orophile, Technical Analysis Multiple Timeframes Only Price Pays® Maximum Trading Gains w/⚓VWAP
698 Following 430.6K Followers
Don't let your conviction be stronger than risk management
or
Greed to be stronger than common sense
Feels like a character change is playing out here.
Lots to like heading into next week, if the market confirms with our favourite ingredient:
Follow-through!
Stock Market & Crypto Analysis for Week Ending 9/18/26
$SPY $QQQ $IWM $SMH $MU $SNDK $NVDA #Bitcoin# $XLF etc
During choppy frustrating periods you tend to look at more charts trying to find that perfect setup that probably isn't there.
The key is to have patience to wait for the market to show you where the setups are. It is a lot more rewarding to wait for the clean opportunities than to force trades in messy conditions.
For now, I continue to trade with smaller size on the majority of trades.
Show more
Don't fight the fed is rule number 6. Don't fight the tape is rule number 1. There's a lesson there.
Not bad for a Tuesday evening
Google trend 🔴SpaceX lockup
overlaid with price action
Funny how the peak fear of lockups came right at the lows and now no one is talking about it
price changes narrative
$SPCX continues to flirt with the 🔵IPO AVWAP
Now that the lockup fears are gone, the stock is more likely to decline down to the 🟢ATL VWAP ~136 and the 50sma (not shown) near 134
Show more
The battle at the 🔴⚓️VWAP from the ATH is shown in greater detail on the 2 hour chart on the right. #Bitcoin#
Most people are used to seeing the typical SHS pattern but there can also be SHHS, Siamese twin double tops 🤣😂
It still looks like a test of the anchor from the beginning of this move is in play, currently that would mean a pullback towards 74.5 as a level of interest.
Show more
Notes for the weekend video below
Mixed tape with real cracks
$SMH
rejected near the declining 50-day (~600) after the
$NVDA
fade. Measured move points toward the YTD anchor ~513.
$IWM
failed the higher high
$SPY
$QQQ
still constructive above rising 5-day MAs, but a hold under 767 / ~710 flips the risk.
$XLE
remains one of the stronger groups.
$XBI
$MRNA
$TEM
$CRSP
$AAPL
$TSLA
$MAGS
#Bitcoin# etc Full technical breakdown in the video.
Show more
Mixed tape with real cracks
$SMH rejected near the declining 50-day (~600) after the $NVDA fade. Measured move points toward the YTD anchor ~513.
$IWM failed the higher high
$SPY $QQQ still constructive above rising 5-day MAs, but a hold under 767 / ~710 flips the risk.
$XLE remains one of the stronger groups.
$XBI $MRNA $TEM $CRSP $AAPL $TSLA $MAGS #Bitcoin# etc
Full technical breakdown in the video.
Show more
I saw this on Instagram
@LindaRaschke @AnneMarieTrades @DeniseKShull
I have a lot of respect for these three women
great deal 👇👇👇
@marketsurge
For a limited time, get 5 weeks of MarketSurge for just $39.95 with this exclusive social offer.
Put powerful stock research and charts to work for you.
Get the offer →
#MarketSurge# #Investing#
Show more
Mixed tape with real cracks
$SMH rejected near the declining 50-day (~600) after the $NVDA fade. Measured move points toward the YTD anchor ~513.
$IWM failed the higher high
$SPY $QQQ still constructive above rising 5-day MAs, but a hold under 767 / ~710 flips the risk.
$XLE remains one of the stronger groups.
$XBI $MRNA $TEM $CRSP $AAPL $TSLA $MAGS #Bitcoin# etc
Full technical breakdown in the video.
Show more
Risk mgt isn’t just about protecting capital
Risk mgt is very connected to psychology
It’s about creating space between stimulus and response.
No space... you react.
With space... you choose.
Your edge lives in that gap.
Trade from intention, not urgency.
If this resonates, follow, like, r/t, BOOKMARK this post #tradermindset# #tradingpsychology# $ES_F $NQ_F
$SPY $QQQ
Show more
This possibility concerns me for $SMH
From failed moves come fast moves in the opposite direction
Failure at DECLINING 50sma
Measured move potential down to 513 would line up approximately with YTD VWAP at 506
will discuss in wknd video
Show more
Will $SPY make a new all time high today
Buyers are back in control of the intermediate term timeframe the $SPY $QQQ $SMH $XBI are innocent until proven guilty.
Price target = higher
Focus = risk management
