Strong, but not Bulletproof

Trading Adventures is a price-focused market analysis newsletter helping traders understand trend, structure, and key levels across the market. Each week I break down charts across major indices, sectors, and individual names to provide clear technical context. Market Update — Show Notes Theme: Trend lower. Today confirmed it. Key Level * SPY: Closed below 200-day → trend deterioration Index Snapshot * SPY: Below 200-day, weak bounce * QQQ: Lost support, near 200-day * DIA: 2 days below 200-day * IWM: Last holdout, weakening Context * Below declining 5-day * Below AVWAPs * Rallies failing * No follow-through Other Markets * Bitcoin: Rejected YTD AVWAP * Dollar / Bonds: No change Playbook * Go slow * Do less * Small size * Respect risk Bottom Line Sellers in control. No reason to force trades. The Process Behind the Work * Price > opinion * Trend > prediction * Risk first If you like how I think here, this is where that thinking is applied every day. Alphatrends.net Trading Adventures is a reader-supported publication. Subscribers receive new posts and occasional private updates not shared publicly. Important: This content is provided for educational purposes only. If you’re reading this online, please review the full disclosure here. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.trading-adventures.com/subscribe