The Stock Market Coils Ahead of the Fed – Good Action off Lows

Richard Moglen
Richard Moglen

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

Market Trend Status
Trend: 4 of 4 UP
✓ 10 EMA ✓ 21 EMA ✓ 50 SMA ✓ 200 SMA

Market Action

Good action after the slight gap down and many names are coiled for expansion. Fed Day tomorrow and they are expected to cut rates. Tough day to trade as you have to act quickly. Be ready for anything

QQQ
Upside reversal right at a key level. Primed for expansion.
IWM
Coiled right below all time highs
IBIT
Testing the bottoming range pivot and 21ema. Strong bar today. Keep an eye on the crypto theme

Trends 4/4 Up – based on the QQQ

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

Current View: Developing Uptrend

Groups/Sectors

Deepvue Theme Tracker
Miners stand out, great action. Crypto theme as well
DV HEATMAP
PAAS leading the miners. Biotech still pulling in
S&P
Health care weak off the open

Leadership Stocks & Analysis

TSLA
Strong action off the open bouncing on the 10ema
GOOG
Building out this range above the MAs
AAPL
Tightening on top of the prior consolidation
META
Pulling in from the range. Expecting it to build out below the MAs
AMZN
Upside reversal below the MAs, potential higher low if we can rally here
INTC
Inside day. Overall a bit volatile for my liking the last few days, Watching for a bounce off the 10ema area.
PLTR
Building a range above the 50sma after a push off lows.
NVDA
Tight here with an inside day. Watching for a range breakout
AMD
Tight range below the 21ema. Watching for a rand breakout
VRT
Violated the pivot and pulling back into the MAs. watching for a bounce here
MU
Strong push off the open
BE
Tight day on the 21ema. Could go either way. Watching for expansion
LLY
Biotech theme still pulling in. Negative close
AVGO
Strong action off lows. ideally builds and lets MAs catch up

Key Moves

PAAS
Strong positive expectation breakers from miners today. Breaking out of their ranges
FROG
Strong expansion from this consolidation post gap

Setups and Watchlist

AMTM
Watching for a post gap range breakout
CIFR
Watching for a range breakout
CLS
Watching for. a consolidation breakout
DY
Watching for a bounce off the 10ema and range breakout
LMND
Watching for a post gap consolidation breakout
LSCC
Watching for a bounce off the base pivot
WGS
Watching for a range breakout
SEI
Watching for a base breakout
WDC
Watching for a range breakout
EOSE
Watching for a range breakout
PL
Watching for a range breakout
REAL
Watching for a range breakout. Likely expands very soon
IONQ
Watching for a range breakout
TXG
Watching for a range breakout and push off the 21
OUST
Watching for a range breakout
SNDK
Watching for a range breakout
HBM
Watching for a base breakout
NXT
Watching for a bottoming range breakout and pop through the 21ema

Watchlist & Themes

Larger Watchlist

AMTM CIFR CLS DY LMND LSCC SEI WGS WDC EOSE PL REAL IONQ TXG OUST SNDK HBM NXT NVDA AMD BE TSLA TQQQ

Daily Focus List

AMD NXT TQQQ LMND

Universe List

AAPL ALAB AMD AMZN APLD ARM BABA BE BKKT CCJ CLSK CRDO CRS DELL FIX FLS FSLR GGAL GOOG GOOGL GRAL HOOD HUT INSM INTC LEU LMND MELI META MSFT MU NBIS NET NIO NVDA OPEN PATH PLTR QCOM RGTI RKLB RMBS SHOP SNDK SNOW SOUN STNG STRL STUB TAC TEM TER TWLO VRT MDGL RIVN SEDG TDC VCYT U QLYS NXT DDOG METC TXG ASTS CRWD FLY CSIQ RDDT ANF BTU FROG LRCX LUMN REAL UPWK VICR SANM INOD GSAT JAZZ APPN COLL ESTA SMTC DOCN TSLA DY GEV WGS AMTM EGO KSS FLNC CIFR

Recent Gaps

AKAM AMD AMGN AMZN ANF APPN BBAI BE CAH COHR CRS DDOG DOCN DY EXPE FLS FROG GCT GGAL GH GTX HAE HCC ILMN INTC ISRG LC LMND MEDP NET OPEN PAM PBF PEGA PGNY PLNT QCOM QLYS RDDT RIVN ROK SANM SITM SLDP TDC TWLO TXG U VCYT VIAV VICR VIST XMTR YPF AEO FROG CRDO MDB CRDO AEO PATH

Additional Thoughts

Based on charts and the news catalyst we are likely to see large expansion tomorrow. Be ready since it could go either way. Strongest themes I see are Semis, AI Energy, Retail, Biotech (although recently pulling in)

Recent Trade Lab Reports

  • xnapper 2025 12 19 16.43.14.png
  • xnapper 2025 12 17 17.58.45.png
TraderLion Footer