Market Coiled? Setups into Next Week
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
August 16, 2025
Market Action
QQQ – Pulling back into the 10ema area but overall trending above the moving averages.
Bulls want to see us respect and continue to trend above the 10ema
Bears want to see us break lower or experience a large downside reversal
Daily Chart of the QQQ.
IWM – Has been powerful since the Aug 1 upside reversal. consolidating the past 2 days
IBIT – negative expectation breaker with the gap down Thursday. Now testing the 21ema. Want to see this hold and build more of the right side of this consolidation
Trends (4/4 Up) – Based on the QQQ
Shortest – 10 Day EMA – Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising
Groups/Sectors
Deepvue Theme Tracker
Deepvue Leaders Heatmap
S&P 500.
Leadership
TSLA pulling in over the past week. Want to see it respect the 21ema area and resume higher
AAPL back above the 200sma and moving up the right side of a larger structure
PLTR Want to see it hold the HVC area. Longer term uptrend
NVDA tightening against the 10 and 21 emas
META acting well since the gap up. Downside reversal friday
HOOD respect for the 21ema a day ago. Trending
RDDT strong trend since the eps gap. New highs
ALAB trending. Short term flag. Could pull in more and still be healthy. 10ema is the moving average of note for now.
MSFT has pulled back since the earnings reversal lower but holding the 21ema
Key Moves
SEDG strong push on volume with Solar Theme. Overall this is still forming a bottom of a trend
Setups and Watchlist
LASR watching for a range breakout. Fast mover
LC watching for a range breakout
MP tight in the short term but would prefer some pullback or an undercut and rally of the recent range as feels a bit “stretched” in the short term
XMTR watching for a range breakout
GO watching for a range breakout
AQRT watching for a range breakout
GFI watching for a range breakout after the 10ema pullback
RKLB watching for a range breakout
Today’s Watchlist in List form
Focus List Names
LASR LC MP XMTR GO AQRT GFI RKLB
Focus:
LASR LC RKLB GO
Themes
Strongest Themes: BTC, Miners, Software, Cyber, Nuclear Power
Market Thoughts & Focus
Getting back in the swing of things. We continue to stay in an uptrend albeit with rotation.
Anything can happen, Day by Day – Managing risk along the way
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