The focus is on high-quality trend continuation patterns, including daily and weekly squeeze setups in TSM, Amazon, Tesla, and Google. Taylor explains why leadership from big tech and semiconductors remains critical, how he’s thinking about risk/reward, and what signals need to trigger before these trades become actionable.
The S&P and Nasdaq are getting extended, with a big gap between current price action and key moving averages like the 20-day and 50-day. That does not mean traders should short the market, but it does mean chasing up here gets harder.
An index, sector, equity approach is a great way to find names that are ready to move. In tonight’s video newsletter we’ll look at this trifecta and why I think it’s getting ready to move the US’s largest parcel company.
