PharmD Capital Trading with PharmD_KS

PharmD Capital Trading with PharmD_KS

Share this post

PharmD Capital Trading with PharmD_KS
PharmD Capital Trading with PharmD_KS
Market Analysis and Trades for 4/29
Copy link
Facebook
Email
Notes
More

Market Analysis and Trades for 4/29

PharmD_KS's avatar
PharmD_KS
Apr 28, 2025
∙ Paid
12

Share this post

PharmD Capital Trading with PharmD_KS
PharmD Capital Trading with PharmD_KS
Market Analysis and Trades for 4/29
Copy link
Facebook
Email
Notes
More
Share

If you are looking to join the Discord (now separate from the newsletter) please see here: JOIN THE DISCORD Please email help@pharmdcapital.com if there are any technical issues. Plans/levels will be posted in the Discord so there is no reason to subscribe to both.

The weekly post and video for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. Link to Market Analysis for The Week Ahead

SPY 0.00%↑

In the plan for today (above the paywall) I covered the fact that recently bearish setups had not produced bearish results. Today, we saw a bearish setup produce bearish results. However, bulls ultimately defended and rallied into the close. The bearish setup was a look above and fail of Friday’s high. Sellers then broke through the IB low, took out the overnight low, and forced a retest of the 4/13 week inside week high on both NQ and ES. ES dipped briefly below the 5496.5 while NQ held just above 19254.75 and therefore Friday’s low was preserved on both as well. Sellers must demonstrate an ability to take out a prior day low to end this recent uptrend phase.

We have massive amounts of data and key earnings this week so anything can happen, but today’s action left a few breadcrumbs behind that we’ll discuss tonight.

Paid Content Below or in the Discord

PharmD Capital Trading with PharmD_KS is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 PharmD_KS
Market data by Intrinio
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More