Strong Reversal Up. New Rally Low
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
March 10, 2026
13 min read
Market Action
Apologies for the late report. I was recording an in person podcast with Jim Roppel
Big reversal up today as the VIX and Crude Oil collapse off highs. New low but strong close setting up for a new rally attempt. We remain below the MAs
Key leaders had strong snapbacks. Now they must hold and tighten.
QQQ
Huge reversal up closing just below the 21ema. Watching for follow through higher and a higher low to form and stick.
IWM
Big reversal. Still below the recent consolidation key level
IBIT
Still air above. Tightening
Current View: Correction. New Rally Attempt Day 1
Groups/Sectors
DV Theme Tracker
Ranks
DV Leaders Heatmap
S&P
Semi strength off the open
Leadership Stocks & Analysis
TSLA
Big upside reversal off the 200. Still below the 21
META
Upside reversal
MSFT
Oops Reversal. Still longer term downtrend but recent more constructive action
GOOG
Strong Oops Reversal at the level!
AMZN
Big shake at the level
NVDA
Another strong bar off the 200sma
SNDK
Strong outside reversal bar. Back in the base
MU
Similar undercut and rally
BE
Strong reversal up retaking the level
PL
Inside day above the mas
PAAS
Strong upside reversal at the 50. Primed for higher?
RKLB
Very tight, expecting expansion
XOM
Downside reversal, but tightening above the 21
GEV
Strong outside day
LITE
Strong Pos ex breaker.
Key Moves
AAOI
Strong range breakout
FSLY
Strong oops reversal off the level
VRT
Strong breakout
Setups and Watchlist
DELL
Watching for a range breakout
YOU
10 Ema pullback. watching for HVC reclaim
CENX
Watching for a consolidation breakout
LUNR
Watching for a range breakout
TPL
Watching for a range breakout
AG
Watching for a 21ema reclaim/follow through
Watchlist & Themes
Larger Watchlist/RS List
BE
SNDK
RKLB
PAAS
DELL
YOU
CENX
LUNR
TPL
AG
Daily Focus List
YOU
RKLB
TPL
AG
Additional Thoughts
Strong rally working to negate the Friday action. Today’s lows are key to hold. Space theme looks coiled for a big move as do miners/precious metal stocks.