Published on March 27, 2026
A recent market update referenced Brian Shannon’s technical view on continued premarket weakness in index futures, with both ES and NQ fading after the prior day’s rally.
According to the coverage, Brian noted that momentum had weakened in premarket trading and that both futures contracts remained below important short-term reference levels. Specifically, the article pointed to the 5-period simple moving average and the weekly-to-date Anchored VWAP on the hourly chart as areas still acting as resistance.
The update also referenced Brian’s use of an event-based Anchored VWAP on the 10-minute chart, tied to what he described as the “TACO news” level. In that context, price trading below the anchor suggested the market was not accepting that average price, reinforcing the short-term weakness.
For traders who follow Brian’s work regularly, this type of analysis reflects a familiar principle: when price remains below key averages and anchored reference points, buyers have not yet regained control.
The broader takeaway from the commentary is that short-term rallies need to be judged by how price behaves around important technical levels, not simply by the size of the bounce itself.
Inside the Alphatrends Premium Membership, Brian expands on these ideas daily through detailed market breakdowns, futures and ETF analysis, and structured trade planning using Anchored VWAP and multi-timeframe trend alignment.
