Tuesday Recap – Strength Carries Over
Markets closed strong again as traders eye CPI and PPI later this week.
The Markets
Back on the desk today after an incredible weekend at the TSAA-SF conference. It was a full day of catching up, recharging, and refocusing—so we're keeping today's recap short and to the point.
Markets closed strong. SPY and QQQ finished near the highs of the day and continued to push higher after hours. IWM lagged a bit, but the trend remains intact. DIA showed strength as well, maintaining the recent momentum.
🗺️ Roadmap chart - 15-minute time frame. Note that 3 of 4 indices are above the:
🟣 Week-to-date anchored VWAPs
🔵 5-day moving averages
🟠 pivot low anchored VWAPs
Which one is lagging?
⚡️ Key Movers:
GOOGL: Relentlessly strong. RSI nearing 85—extended, and likely needs a rest soon.
TSLA: Still consolidating well. The 5-day MA is closing in, keeping the structure intact.
MP: Holding above potential support levels. Still compressing.
SOL: Solana is pressing into resistance, not breaking out yet.
NBIS: Offered a clean trade mid-morning with a bounce from the WTD AVWAP.
🧹 Themes and Takeaways:
Afternoon strength continues to show up—watching to see if this pattern persists.
Eyes now turn toward CPI (tomorrow morning) and PPI (on Thursday) data later this week for the next directional catalyst.
Also—a quick note of thanks:
The TSAA-SF Annual Conference this past weekend was a truly exceptional event. Thank you to the association, attendees, organizers, and an incredible group of fellow speakers and presenters.
It was energizing, insightful, and packed with value. I’ll share a full recap tomorrow.
That’s the read for today.
New setups ahead. Plenty to watch.
Stay sharp. Trade clean.
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