The Market Chronicles: Daily review (Mon, 12/05/2025)

 Pre-market looks really promising with good news related trade deal between US and China.



After almost three months of carnage and two months of most of the MA's below the price, today it clearly shown SPY, QQQ and SPX all are above all MA's. This a good sign of market recovered well and all positive signs with a good bounce from here.

SPY:

QQQ:


Even market internals too showing good 

ADD: Showing really good uptrend most most part of last 3 weeks.

Volatility index too has stabilised a bit so most probably no major hiccups in near future.

Even Daily volume is showing major buying from April 10th on words:

Market breadth indicators like NCFI, NCOH, NCOF and NCTH showing great recovery as well.

After a longtime almost 3 months later, I entered market today. I can say the setups are 3*, not a 5* setups though.
My present positions: SOUN and LX.

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