Josh Scan 3/14/22

SPY- pure heaviness hitting resistance right above thew 20ema again, bigger picture I havwe 414.95 then 411 areas which are the lows of the year, until we can prove and reclaim above the declining 10/20 (closes above) i would be careful long side names that have high market correlation

QQQ- same story going to see if we retest the lows of the year 318.40

IWM- looking to stay heavy as well, see how 193.47 reacts and if we want to go down more see 188.22 for lows

FB- areas of interest 185.27 then below on a potentially steep sell off looking 175 area

ASTC- going to look for base building above 9.50 for potentially follow through

ARKK- just getting massacred, lows of the year next look is 55.67, if all these indices stay heavy I expect very little bounce across tech/growth there is just no demand, WAIT till that changes, no reason to guess bottom

LLNW- like weak open vs 4.52 for a long

USO- trend join over under 77.50 we undercut the 10day see if we reclaim or look to stay heavy 77.48 for a potential rotation out

VXX- still holding up decently, I’d like to see multiple closes under 25 for a potential longside trade for tech-growth, need to see the selling stop, which hasn’t been seen

DLTR- nice trend looking vs 143.49 for a potential long, holding nicely with market

ZIM- all dips vs 76.71-77.20 for a long trade

HUSA- still would look to fade all pops between 6.88-7.06, tthink we are going to fade below 5 to the 10day

IMPP- would look to buy  below 3 ideally 2.70-.80 area of previous breakout

MXC- would take a shot long vs 16.93 around the  20ema

SOXL- see if 28.58 holds or doesn’t, think we are going through year lows to the downside

AMD- following with SOXL

NVDA- following with SOXL

NINE- will look vs 2.80 to buy for a potential bounce trade

DOCU- annihilated, if we could wash again sub 70 ideally 65 i would get interested in a potential long, walking into a big volume profile, still below all moving averages and crushed, nothing to fight, the trend is down

SE- going to keep watching vs 87, this thing is straight down from high 300s

HYMC- going to keep looking vs 1.38 area and see how we hold up over next day or so if we want to go another leg, the volume is there

KWEB- annihilated, all time lows

BABA- i am keeping on radar bigger picture 84.04/75.64 , no trade there yet

MOS- watching vs. 62.65/64.68 area for trend join post 10am

UEC- going to be watching dips vs 4.80 if we want to hold this trend, commodities are still in favor, until they aren’t

NUGT- using 73.53 over under for trend join post 10am