Crypto Theme Leads Good End to the Week – Inauguration Volatility Next

Richard Moglen
Richard Moglen

Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue

January 17, 2025
5 min read
1808 views

Market Action

QQQ – Good end to a very gappy week. We are back above all the moving averages

Short Term Expectation based on the close is consolidation or higher – some sideways would be prefered

Bulls want to see build sideways or follow through up
Bears want to see us reverse lower and undercut the moving averages

Xnapper 2025 01 17 18.12.14

IWM – resting at the moving averages, watching for continuation up

Bulls want to see us follow through up through highs and get to the 50 day

Bears want to see us reverse lower and fill the gap below

Xnapper 2025 01 17 18.13.16

IBIT- Strong action, gapping and following through

Bulls want to see us build out sideways here for a few days or follow through up

Bears want to see us reverse lower back to the 21ema

Xnapper 2025 01 17 18.13.49

Trends (4/4 Up) – Based on the QQQ

Shortest – 10 Day EMA –  Above Rising
Short-term – 21 ema – Above Rising
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising

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Groups/Sectors

Performance Today from open on the Left, Performance over the past 20 days on the right.

Xnapper 2025 01 17 18.14.20

Performance Charts from Deepvue

Deepvue Leaders Heatmap

Xnapper 2025 01 17 18.14.35

Heatmap from Deepvue

S&P 500

Xnapper 2025 01 17 18.14.47



Group Ranks: 1 Day, 1 Week, 1 Month, 3 Month from left to right. This is now a preset for Deepvue Members

Xnapper 2025 01 17 18.15.00

Leaders and Key Moves

NVDA positive expectation breaker and inside day. Still suspect, do we follow through up or do we reverse down and this turns out to be a lower high

Xnapper 2025 01 17 18.16.08

TSLA tried to push higher but faded at the close, still a good end to the week. Would like to see this base develop a bit more and for tsla to remain above the 21ema

Xnapper 2025 01 17 18.15.18

RDDT setting up under the pivot, would love an upside reversal or inside day first

Xnapper 2025 01 17 18.17.43

GEV strong action, trending

Xnapper 2025 01 17 18.18.19

PLTR peeking above the 21ema

Xnapper 2025 01 17 18.18.34

ALAB good action, inside day, watching for further development of this base

Xnapper 2025 01 17 18.18.54

MSTR strong action with bitcoin moving, we’ll see if this can start trending

Xnapper 2025 01 17 18.19.23

SMTC nice additional pos ex breaker

Xnapper 2025 01 17 18.20.31

Stocks Setting Up / Holding Up

HIMS big upside reversal, watching for follow through up

Xnapper 2025 01 17 18.21.15

RDDT watching for the breakout, ideally pauses first/ shakes out

Xnapper 2025 01 17 18.21.46

RKLB weak today but that pivot still valid, or watching for upside reversal on the 50

Xnapper 2025 01 17 18.22.13

BILL watching for a break higher from the inside day

Xnapper 2025 01 17 18.23.31

GLBE watching for push from double inside

Xnapper 2025 01 17 18.23.59

INTA whippy one more of a swing trade name, watching for push higher

Xnapper 2025 01 17 18.32.27

ALAB would like this to base more but watching for push from inside day

Xnapper 2025 01 17 18.25.17

VST pulling back to the pivot, watching for push higher, think GEV is beast in breed

Xnapper 2025 01 17 18.26.00

APP watching for break out off the bottom

Xnapper 2025 01 17 18.26.32

UPWK inside day right side of base

Xnapper 2025 01 17 18.28.14

AVGO watching for push from the inside day

Xnapper 2025 01 17 18.29.38

RBRK watchign for push through the level

Xnapper 2025 01 18 22.53.29

SNOW watching for push higher from this level

Xnapper 2025 01 17 18.30.34

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Themes and Leaders

Key Themes: Software, AI, Semis. Crypto, Energy. Non Growth: Banks

These names have the top RS, growth stories

TSLA GEV RDDT ALAB VST

Market Thoughts & Focus

Good close to the week. There will be a ton of possible news events next week with the change in administration so ready for more volatility. Names are acting well but still moving up from the bottom of bases for the most part, want to continue to see higher lows for and tightening.

Daily Focus will be on AVGO RDDT

Anything can happen, Day by Day – Managing risk along the way

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