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Several Key Groups Defend Rising Trends

Midweek Market Update

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.


Publishing has been a little lighter recently between family events and commitments with Alphatrends, but I wanted to jump in with a shorter midweek market update and run through some of the key areas I’m watching here.

A decent bounce today across the indices with several important groups continuing to defend rising intermediate-term trends. We’ll take a quick look at the major indices, rates, crude oil, Bitcoin, semiconductors, software, financials, and a few other areas showing notable movement.


Show Notes:

  • Indices bounced back above their 5-day moving averages

  • Only the Dow now has a rising 5-day MA

  • Several key areas continue defending rising 20-day moving averages

  • Semis, software, and MAG-7 names showed improvement after recent weakness

  • Financials remain rangebound below key anchored VWAP resistance

  • Energy pulled back with crude oil reversing lower

  • Bitcoin continues defending its rising 50-day moving average

  • 30-year yields eased back from recent highs


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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