Some Follow Through Down. Below the MAs
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
March 24, 2026
13 min read
Market Action
Weak action from the QQQ but a bit stronger from the IWM and some key leaders. Below the MAs still. I’m watching the Mar 20 Close. A positive if we can’t close much below that level.
QQQ
Below the MAs, testing the breakdown day close.
IWM
Oops reversal, stronger than the QQQ
IBIT
Push down from the 21ema
Current View: Correction
Groups/Sectors
Theme Tracker
Ranks
DV Leaders Heatmap
S&P heatmap
Software hit again
Leadership Stocks & Analysis
QQQ
Stronger than the Qs today. Below the MAs
AAPL
Fade off highs. Holding above the 200
NVDA
Slight follow through down. Tight day
AMZN
Gap down and fade on the rally attempt
META
Back below the key leve
MSFT
Expansion down. This becomes a key low. Do we progress much below it
GOOG
Break below the key level
AAOI
Strong follow through up
LITE
Push from the inside day
BE
Upside reversal
GEV
Strong push off the 10ema
XOM
Follow through up. Trending above the MAs
SNDK
Tight on top of the key level
FSLY
Tight consolidation day. Trending
MU
Below the 50
PL
Downside reversal
CRCL
Sharp break below the 10ema and recent range
Key Moves
CC
chemical stocks reconfirmation
FN
Expansion
GLW
Range breakout
Setups and Watchlist
FIGR
Watching for a 21ema reclaim
MRNA
Watching for a range breakout
NET
Watching for a bounce off the level & 10ema
SEI
Watching for a bounce off the 10ema area
VRT
Watching for a range breakout
NBIS
Watching for a bounce off the HVC
AMPX
Watching for a reclaim of the 10ema
BLSH
Watching for a bounce off the 21ema
Watchlist & Themes
RS/Larger List
FIGR
MRNA
NET
SEI
VRT
NBIS
AMPX
BLSH
BE
SNDK
PL
KRMN
Daily Focus List
VRT
NBIS
SNDK
FIGR
Additional Thoughts
We’re gapping up a bit after hours. Be ready for any scenario.