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Stock Market Video Analysis for Week Ending 10/20/23

From failed moves come fast moves in the market.

The market has fallen below the 200-day moving average, it is likely there will be test of the year-to-date anchored volume weighted average price next.

“Semiconductors breaking down led to a market decline of 2.5% to 4%, highlighting their influence on the overall market.”

Taking profits of 3.2% in four days is preferable to holding and hoping for a recovery in a broken stock $RPD

“Institutions are selling hundreds of millions of dollars of these stocks in ETFs. Why would you on Earth think that you can go in there with a thousand shares and think you’re going to make money long?”

Alphatrends has taken short positions on EBAY and TWLO.

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Brian Shannon's weekly swing trading analysis of stocks, crypto, and market structure.

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