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Transcript

Bounce or Just Noise?

Price is attempting to stabilize, but underlying weakness and event risk keep this in a transition phase, not a confirmed turn.

Trading Adventures is a price-focused market analysis newsletter helping traders understand trend, structure, and key levels across the market.

Each week I break down charts across major indices, sectors, and individual names to provide clear technical context.


Show notes:

Quick take:

A short-term bounce is underway, but the broader structure remains unresolved ahead of the Fed.


Market Update – March 17

  • Not much has changed since the weekend

  • Indices have bounced back above a declining 5-day moving average

  • Short-term structure shows higher highs and higher lows on lower timeframes

  • Daily charts still show price below key moving averages (8/21-day)

  • Price is interacting with anchored VWAP levels from recent pivots (August, YTD)

  • Overall condition remains a potential transition area—not a confirmed trend change


Broader context (from Saturday):

  • Weakening participation beneath the surface

  • More cautious tone across markets

  • Damage that likely requires time to repair


Other notes:

  • Bitcoin attempting to stabilize but still in a broader downtrend context

  • No clear resolution yet across major assets


Key takeaway:

  • Bounce acknowledged, but structure has not fully improved

  • Short-term improvement is developing, but higher timeframes remain corrective

  • This remains a “go slow, do less, stay patient” environment

  • We want to see alignment across timeframes before getting more aggressive


What matters next:

  • Continued acceptance above the 5-day moving average

  • Improvement in breadth and participation

  • Reclaiming higher timeframe moving averages (8/21-day)

  • Failure back below recent lows would signal continued weakness


Near-term catalyst:

  • FOMC decision tomorrow → added uncertainty, limited edge


CTA:

If you’re following along with the weekly charts, this is simply an update on that roadmap. I’ll revisit things after the Fed and see whether this transition resolves or fails.


Note on audio quality:

I’ve heard the feedback on the audio and understand the frustration. I’m actively working on improving the setup and appreciate your patience while I get that dialed in.


The Process Behind the Work

  • Price > opinion

  • Trend > prediction

  • Risk first

If you like how I think here, this is where that thinking is applied every day.


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