Markets saw a strong close Friday, raising the question: Is this the start of a meaningful bounce or just a bull trap before more downside?
• Volatility Dominates – Bitcoin at multi-month lows, U.S. equities breaking support, and even the Magnificent Seven stocks in markdown phases.
• Wyckoff Model Insight – We’re at a crossroads between the end of distribution and a potential new accumulation phase. Key weeks ahead.
• QQQE Holding Strong – Found demand at $91 with a long lower wick and high volume—early signs of a shift if buyers can follow through.
• Midcaps & Small Caps Show Promise – MDY and IWM bouncing off 50-week EMAs with increasing volume. Head & Shoulders patterns still unconfirmed.
• Patience Over Prediction – Best gains are made in the middle of trends, not trying to call tops or bottoms. Looking for: •✅ Stronger follow-through •✅ Improving breadth •✅ Clean setups
👉 The bounce is promising, but confirmation is everything.
submitted by /u/Dense_Box2802 to r/SwingTradingReports
[link] [comments]