The Market Chronicles: Daily review (Tue, 29/04/2025)

 The premarket is some what ok and it is similar to yesterday. So one more consolidation day.

SPY, QQQ gained a bit and I believe this is the right time to invest if there is any breakouts or EP's happening. This month is again a earnings season so good to observe for any EP's.


QQQ:



Market breadth indicator ADD is showing good as well. +794 which is a good sign that majority stocks are trending up. 


FOMO indicator MMFD is showing 70% stocks are above its 5 day moving average as well.


Still not in any trades as of now. I will start posting my watch-list as well from tomorrow.

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