r/technicalanalysis

Image 1 — ES Futures to test above 2nd upper yearly vwap sd by eoy
Image 2 — ES Futures to test above 2nd upper yearly vwap sd by eoy
Image 3 — ES Futures to test above 2nd upper yearly vwap sd by eoy
Image 4 — ES Futures to test above 2nd upper yearly vwap sd by eoy

ES Futures to test above 2nd upper yearly vwap sd by eoy

ES vwaps and volume profiles, Jan 1st 2026 1700CT (yellow), Reopen after latest contract expiry Sept 20th 2026 1700CT (white), and Highest Point in current contract (also the ATH) Oct 6th 10:25am CT (orange).

A POC for the Contract formed directly under the Contract vwap, creating good support for moving upwards. Latest Friday price broke above the Highest Point vwap and was stopped by the Highest Point VAH. The next target looks to be a HVN around 7878, if price can break above this I believe it will continue to move upwards to climb on top of the Yearly VAH and reach as far as it can towards the Yearly 3rd upper deviation before EOY.

u/No-Proof-8645 — 3 days ago

Is the breadth turn starting in the broader market before the S&P 500?

I’ve been following the breadth weakness underneath SPY for the past few weeks, and something interesting is starting to show up when I compare the S&P 1500 with the S&P 500.

The first chart is S&P 1500 breadth; the second is S&P 500 breadth.

The clearest difference is in the % of stocks above their 20-day MA.

S&P 1500:

20DMA: 31.0%

50DMA: 25.1%

200DMA: 46.2%

S&P 500:

20DMA: 26.4%

50DMA: 24.8%

200DMA: 44.8%

The S&P 1500 short-term breadth looks like it has formed a more recognizable bottom and is beginning to turn higher, while the S&P 500 version is still much less convincing.

That caught my attention because the S&P 1500 adds mid- and small-cap stocks, which have been beaten down particularly hard. It raises the possibility that the first signs of breadth recovery are starting outside the large-cap S&P 500 names.

But I wouldn’t call this a broad breadth reset yet. The 50-day readings are still almost identical and very weak, while fewer than half of the stocks in either universe are above their 200-day MA.

So for now I see this as a short-term green shoot rather than confirmation. If it’s real, I’d expect the 20D improvement to persist and eventually start pulling the 50D measure higher.

The other possibility is simply mean reversion in the most beaten-down mid/small-cap stocks.

Do you see this as the beginning of broader participation — or just an oversold bounce outside the mega-cap leaders?

u/sytian360 — 12 days ago
▲ 2 r/technicalanalysis+1 crossposts

$ABT: Bullish Harami + Golden Pocket + Oversold RSI

$ABT printed a bullish-harami on October 2, closing at 97.50 after a sustained decline from the late-August high. Price has given back much of the rally that carried it from the high 80s into the 116 area, and the pattern showed up right at the recent low.

What makes me interested is where that pause is happening. $ABT is sitting in the Fibonacci golden pocket, while RSI is 28.57 and a MACD cross is in play. Relative volume was 0.99x, so there was nothing unusual about the volume behind the candle. Taken together, I read the setup as a potential pause in a stretched decline rather than a random bullish candle in the middle of nowhere.

The obvious counterargument is that this is still a stock that has been selling for several weeks, so the harami could simply mark a temporary pause before the decline resumes. That is why the candle itself matters less to me than how price handles its high and low over the next few sessions.

A close above the mother candle’s high within the next few sessions confirms the setup; a close below its low invalidates it, with a stop a few ticks below that low.

https://preview.redd.it/me7zzk6l56th1.png?width=800&format=png&auto=webp&s=bbb9cdaaf18e884bb8bcba9608a9182a8c0bff0c

reddit.com
u/Aromatic-Welder-3032 — 12 days ago