Taking the analysis further
If you want to go deeper than the weekly charts — including how the levels translate into actual trade planning and risk management — you can follow the work Brian Shannon and I do at Alphatrends.
That’s where we walk through the same market structure in real time and apply the process to actual trade setups.
Show Notes
Markets advance from decline → bounce → follow-through
Two strong green weeks lift SPX back above key averages
DeMARK 9 buy setup leads to meaningful upside response
Short-term trend improves: higher highs/lows above rising 5-day
Multi-timeframe alignment begins to build
IWM shows relative strength, DIA lags near resistance
Semiconductors lead, software remains weak
Participation improves, but still not fully confirmed
Market now in a balance phase with overhead supply
Focus shifts to continuation vs. failure of this sequence
References & Chart Resources
Chart School
https://www.trading-adventures.com/t/chart-school
The Bullish Percent Index – A Technician’s Perspective
Relative Strength – What Is It Really?
Take the analysis further
If you want to go beyond the weekly charts — including how the levels translate into real trade planning and risk management — you can follow the work Brian Shannon and I do at Alphatrends.
That’s where we review the markets in real time and walk through how the same principles are applied to actual trade setups.
Important: This content is provided for educational purposes only. If you’re reading this online, please review the full disclosure here.
