Market Positive Expectation Breaker
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
February 10, 2025
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Market Action
QQQ – Positive Expectation breaker today after the poor close and action friday. We are back to the key level within this base
Short Term Expectation based on the close is consolidation or higher.
Bulls want to see us build sideways or follow through up
Bears want to see a continued reversal down
IWM – Constructive inside day at the 21ema
Bulls want to see us build sideways and follow through up
Bears want to see us reconfirm lower through the 21ema
IBIT- Tight inside day
Bulls want to see us pop back through the 50 sma
Bears want to see us break below the recent range
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.
Performance Charts from Deepvue
Deepvue Leaders Heatmap
S&P 500
Heatmap from Deepvue
Group Ranks: 1 Day, 1 Week, 1 Month, 3 Month from left to right. This is now a preset for Deepvue Members
Post Market Action. ALAB mostly flat
Leaders and Key Moves
NVDA Strong Day, up against a declining 50 sma now. Ideally forms a range here then pops through
TSLA Still weak and trending below MAs
META Trending above the MAs. a bit of wedging action the past few days
RDDT Acting well, Earnings Feb 12
PLTR strong outside day
CRWD trending
ALAB Strong EPS surprise after hours. Not moving much, one to watch tomorrow
MSTR very tight just belwo the 21ema, expecting a large push higher or lower shortly
HOOD Trending
TWLO 10ema pullback
TEM forming a short range range below the key larger level
Stocks Setting Up / Holding Up
VST tight at the 21ema. The gap is certainly a flaw here however. Watching for a push up
TEM watching for a break above the pivot
TOST subtle tight area foming, watching for a push higher through the pivot
TWLO SNOW watching for a break above the range. Inside day today. If if we get a gap down an oops reversal
GTLB cup and handle near a key weekly level
TWLO watching for a push off the 10ema
MSTR double inside, likely moves soon, this has the feeling like it is waiting for something
AMSC noticing more semiconductors related stocks tightening. NVMI AMBA. Watching for a break out of the flag
AVGO watching for range breakout
SOUN watching for push off the 21ema
CAVA watching for a push from the inside day
RBRK watching for a push off the base pivot. Ideally tightens again or oops reversal
MNDY highest volume ever, watching for follow on spots
PINS watching for range breakout
Themes and Leaders
Key Themes: Software, Cyber, AI, Semis
Strongest names in software – PLTR SNOW SHOP GTLB ESTC NET CRWD ASAN PLTR TWLO APP
These names have the top RS, growth stories
RDDT CRWD HOOD
Market Thoughts & Focus
More good action today. See how we handle Fed speeches, CPI this week.
Daily Focus on SNOW TEM TWLO
Anything can happen, Day by Day – Managing risk along the way