Rough day across the board. SPY -1.29%, QQQ -1.48%, IWM -2.29%. Only GLD finished green.
Ran my nightly Wyckoff accumulation scan across 213 stocks. Results:
- Daily accumulation: 1 stock (SHOP)
- Weekly accumulation: 6 stocks (ABBV, GILD, ROKU, T, AMGN, WBD)
- Selling signals: 0
- Everything else: neutral
The one I find most interesting is ABBV — 8/10 accumulation strength on the weekly, highest confidence of the group at 45%. The engine detected a selling climax absorbed on heavy volume, automatic rally, and a sign of strength break above resistance. Confidence is moderate because volatility is elevated — if vol calms down while the pattern holds, that number goes up.
When the market goes this quiet, I find weekly signals more useful than daily. Daily reacts to the panic. Weekly shows who was already accumulating before the drop.
Not financial advice, just sharing what the scan shows. Happy to discuss the methodology or any of the signals.
submitted by /u/PracticalOil9183 to r/swingtrading
[link] [comments]