The Market Chronicles: Daily review (Friday, 25/04/2025)

 Looks like market recovered, it could be one more step to form a sidewise.

Premarket was good, could not take a screenshot.

SPY(ETF tracking SPX) and QQQ(ETF tracking Nasdaq 100) clearly above 20MA and reaching strongly to 50MA.

In last 14 sessions the market recovered 14% and last week(5 sessions) it is 8.27% which is a good sign of recovery and there will be a pull back next week.

SPY:


QQQ(It required more when compared to overall market):


ADD still showing good signs:



MM* averages showing different signs:

5MA showing signs of consolidation, And remaining MAs are still raising which could be a good sign of recovered market.


No positions as of today.

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