Evidence

I would be pretty neutral here on the bar-to-bar count... this just looks like consolidation in a bull flag range that's being developed... our trend is starting to get a little bit weaker here. It's bordering on neutral. The buyers need to hold 744 and in a picture-perfect world

— Trade Brigade, at 0:00

722 very important spot in here. Daily 20 SMA, the daily 8 EMA is in there as well. So, that's the take. 722 is the key level. Ideally, this red to green back up here, constructive all-time highs. If that fails, deeper pullback neckline's the key level, 70925.

— Trade Brigade, at 11:36

Right now, am I going to be absolutely a bear? Probably not. If we're holding on to the low from today's session... But is this a lower low on the hourly trend count?... The daily trend is potentially down unless you believe this is going to save the day as a higher low.

— Trade Brigade, at 2:52

it seems to me that there's the potential to start looking for a low here rather than more downside. There's just one problem. The daily trend, well, it's officially flipped to down.

— Trade Brigade, at 0:00

If we do not test Tuesday's low and we let's say we open in range, could we start treating this as a higher low double bottom? And is that stronger than the S&P 500 equal low... Yes, I would think so.

— Trade Brigade, at 16:51

in the short term, yeah, absolutely bearish action on the weekly bar count. However, if we just pause and take a 90,000 ft view, has this really done anything to change the weekly trend? And of course, the answer is no.

— Trade Brigade, at 0:00

Notice that there's even less lower wick on the QQQ just means it's more bearish, right? There's no sort of push back... Same concepts as the S&P. I'll try to keep it a little bit briefer through the NASDAQ.

— Trade Brigade, at 19:50

We've got QQQ ripping to a new brand new all-time high... I would like to see a pullback. I want to see the market do something like this to be able to fuel the next leg... you're exhausting buyers up here

— Trade Brigade, at 5:16

I like what I'm seeing on the SPY daily time frame... pullbacks are healthy in an uptrend... The base case, just to be very clear, something that looks like this. Daily higher low using previous resistance, newfound support over a rising 20 SMA... Hourly trend flips back to up...

— Trade Brigade, at 0:00

undeniably, it's higher in here, but where's the buying opportunity unless you literally bought the hammer high the very next day... I just don't see the active setup on Tesla... there's not much to really do with it if I'm being honest.

— Trade Brigade, at 36:43

I don't love this chart. I hate this little consolidation, but with a catalyst, it might make it at least a little bit more watchable... I would be willing to short that on Microsoft if it uh if it cannot get up off the floor here.

— Trade Brigade, at 31:06

it's still just a balanced range. And for that reason, we know that as and if we approach the top end of the balance, we will be looking for sales. And as and if we look to the bottom end of the balance, and if price trades there, we'll be looking for potential buys.

— Trade Brigade, at 1:00

I don't know that I can be overly bearish the market as a whole. I think I would probably flip back to neutral here

— Trade Brigade, at 15:00