The week was challenging for markets, with energy stocks and oil seeing gains, while cryptocurrencies and major markets experienced declines.
The $SPY continues its pattern of lower highs and lower lows## Index Analysis
$QQQ Also shows lower highs and lows, the NASDAQ remains under pressure, staying below declining 20-day and 50-day moving averages.
$SMH briefly rallied on $NVDA news but ultimately declined.
$XBI also faced downward pressure
$XLE stocks surged, though caution is advised due to potential overextensions.
#Bitcoin demonstrated a volatile pattern, repeatedly testing support levels.
