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Bitcoin (BTCUSD) has pulled back from its October 6 peak of 126,227, forming a potential falling wedge. A bullish divergence on the daily MACD supports a tactical rally. Reclaiming the 13-, 26-, and 40-day moving averages at 106,180–111,750 would confirm the wedge and open upside toward prior highs near 123,000–126,227. Key support to watch: the early November low at 98,983. Bitcoin (BTCUSD): Improving momentum sets up a bullish wedge Bitcoin / U.S. Dollar (BTCUSD) has strugg

We flagged that silver futures were defending support within a tactical uptrend defined by rising 26- and 40-day moving averages (DMAs) in this blog on October 29. This pattern has continued to develop with the potential for a tactical base solidified by a bullish hammer (Oct 28) and a bullish engulfing pattern (Nov 4 and Nov 5). So, what's next? Silver futures: Rally above 48.74-49.23 needed confirm tactical base for 52.40 The big tactical question: Will a bullish hammer (Oc

Let's start with the bad news... Weekly upside gaps got filled to suggest upside exhaustion on SPX, NDX, and DJI We highlighted the importance of last week's upside gaps across the S&P 500 (SPX), NASDAQ 100 (NDX), and Dow Jones Industrial Average (DJI) in this blog on November 3rd and in our Charted Market Insights from November 4th. Long story short, these weekly gaps got filled to suggest upside exhaustion. In addition, these indices confirmed bearish weekly candles. SPX:

Quanta Services (PWR): Bullish breakouts support upside to 487-504 PWR has two bullish breakouts: One from a late 2024 into mid 2025 bullish consolidation pattern and the other from a late July into early October bullish consolidation pattern. These pattern breakouts support further upside to 487 and 504. Continuing to defend the rising 26- and 40-day moving averages near 437-423 would keep immediate pattern bullish. The 404.50-398.85 zone offers additional support if needed.

U.S. Dollar Index (DXY) stalls after testing key resistance at 100.22-100.26 We highlighted the potential for a double bottom on the U.S. Dollar Index (DXY) in our November 4th The Chart Check report. While the tactical technicals remain bullish for DXY, it stalled at key resistance at the declining 200-day moving average (DMA) and the neckline of the developing double bottom near 100.22-100.26 earlier in the week. The ensuing tactical dip for the DXY shows plenty of support

Question: Please provide support and resistance levels for three stocks that had a good day in the sloppy market today (November 6, 2025): ETN, PH, CMI   Eaton (ETN): A potential cup and handle pattern ETN has gotten sloppy on a tactical basis but could still be forming a bullish cup and handle pattern. Rising 26- and 40-week moving averages (WMAs) from 357 down tor 333, along with chart support from 339 to 334, reinforce the developing handle. The 380 to 400 range is resista

High yield OAS divergence: A quiet risk-off signal for U.S. Stocks One risk for the U.S. equity market is a that higher low for the U.S. High Yield Option Adjusted Spread (OAS) sets up negative divergence against the higher high that the S&P 500 achieved in late October. As shown in Chart 1, when the high yield OAS stops narrowing and begins to bottom while equities continue to advance, the risk for a "risk-off" widening of the high yield OAS increases. Chart 2 indicates that

DigitalOcean (DOCN): Big base breakout potential toward 62-63 and 76-77 We like the technical setup for DigitalOcean (DOCN). After progressing through its typical post-IPO lifecycle—early euphoria, steep decline, and multi-year base building—the stock now appears to be emerging from a large 2022–2025 base with substantial upside potential. DOCN is attempting a breakout from a mid 2022 into late 2025 big base. Holding the 3-year+ pattern neckline and chart support from 45-44 d

Oracle (ORCL): Support levels at 239–232 and 218; Resistance at 268–271 Oracle (ORCL) failed to break out of the bullish flag pattern highlighted in Straight from the Chart on October 16. The stock is now pulling back within its broader absolute and relative uptrends, supported by rising 26- and 40-week moving averages (WMAs). We outline key support levels where ORCL could stabilize. Pullback to first support zone at 239–232 ORCL has declined 30% from its September 10 intra-

The developing bases in U.S. 10-year, 5-year, and 2-year Treasury note futures that we highlighted in our Oct 23 The Chart Check have stalled. Key resistance levels held both heading into and following the October 29 FOMC meeting, where the committee cut the Fed Funds rate by another 25 bps but signaled uncertainty about whether additional easing will come at the December meeting. Below, we highlight the key charts and levels to watch across the U.S. 10-year, 5-year, and 2-y

Marathon Petroleum (MPC) defends key support after reporting earnings MPC has struggled after reporting earnings yesterday but is so far defending key support from 183.00 to 175.75, which is the mid 2024-late 2025 basing pattern breakout point and the rising 26-week moving average (WMA). Continuing to hold this key support would keep the base breakout intact with upside potential to 221.11 (April 2024 peak) and 250 (pattern count). MPC remains within a bullish trend from late

We got a question on Zoetis (ZTS), which reported earnings yesterday. Heading into the print, ZTS had bearish absolute and relative price trends based on declining weekly moving averages. The stock has gapped lower to test the low from November 2022 near 124. So, what's next? Zoetis (ZTS): A weak chart gaps lower to retest the low from late 2022 near 124 ZTS gapped lower to create a huge high volume downside price gap from 128.11 up to 142.14. Yesterday's low at 122 probed be

IWM achieved target for H&S bottom but no decisive big base breakout yet Small caps have struggled with the Russell 2000 (IWM) failing to decisively break out above its prior highs from November 2024 and November 2021 at 244-245 to confirm a 4-year big base. These highs are near the target for the March-June head and shoulders (H&S) bottom at 247, which IWM achieved in late September/early October. Continued closes below the daily moving averages would provide an overhang Yes

Palantir (PLTR): Post-earnings pullback retests bullish breakout support at 190-188 PLTR reported earnings yesterday after the market close. The stock has gapped lower today to retest its breakout zone at 190-188, which is reinforced by rising 130, 26-, and 40-day moving averages (DMAs) from 188.76 down to 181.27. Holding these supports would keep the breakout intact, preserving the bullish setup with upside targets at 218-219 (61.8% extension), 234 (August-October bullish co

We received a question on Sabine Royalty Trust (SBR), which is scheduled to report earnings on Monday, November 10. We address the key supports, resistances, and targets to watch below. Sabine Royalty Trust (SBR): A breakout and deep retest of triangle base Sabine Royalty Trust (SBR) has broken out from a 2023–2025 triangle base and is undergoing a deep retest of that breakout. Rising weekly moving averages signal a bullish shift for 2025, with key support from the 26-, 40-,

We just published our Charted Market Insights and noted risks from expanding new 52-week lows and a deterioration in the percentage of stocks below 200-day moving averages (DMAs), even in the face of the recent higher highs in the S&P 500 advance-decline and volume advance-decline lines. This blog post flags similar risks from the percentage of stocks above 50-DMAs and 100-DMAs on the S&P 500. Percentage of S&P 500 stocks above 50-DMAs remains in an early July downtrend How

We got a question on the Lemonade (LMND), which is scheduled to report earnings this Wednesday, November 5th before market open. LMND looks bullish and is attempting to push higher from a 2022-2025 basing pattern. We highlight the key supports, resistances, and potential targets for this small cap insurance stock heading into its earnings print. Lemonade (LMND): Holding 53.85 to 47.20 keeps focus on upside to 71 and 84 LMND has broken out from a late 2024 into mid 2025 bullis

Weekly shooting star candles and gaps to watch on NASDAQ 100 (NDX) and the Dow Jones Industrial Average (DJI). What is a shooting star? A shooting star is a bearish candlestick pattern that forms after an advance and signals potential exhaustion of upside momentum or a possible reversal. It occurs when buyers push prices sharply higher during the period but fail to sustain those gains. By the close, sellers step in and drive the price back down near the open, revealing a reje

The S&P 500 did not fill last week's upside gap its weekly chart. Instead, it formed a weekly Doji candle, signaling indecision in the market—particularly after Fed Chair Powell’s comment that a December rate cut was far from a foregone conclusion. What is a doji candle? A Doji occurs when the open and close are very close or nearly the same. It often features both an upper and lower wick, showing intraday or intraweek swings in both directions. The close near the open reflec

We just published our latest The Sector Edge report for November 3, 2025. Below we look at trends for Tactical Ranks for the sector ETFs over the last 10 weeks. A look at sector ETF Tactical Ranks over the last 10 weeks Growth sectors consistently in the top five Technology has ranked 1st or 2nd - 1st over the last six weeks Discretionary has ranked 2nd to 5th - improved to 2nd from 5th last week Communication Services has ranked 1st to 4th - dropped to 4th from 3rd last wee