April 28, 2025 — What. A. Ride. 🌀
If you’ve been in the markets lately, chances are you’ve been gripping the rails. The momentum? Insane. The moves? Relentless. But today… we hit pause. And that’s not a bad thing.

🔥 From Breakout to Breather

We’ve seen some serious fire in the charts over the past week. Ever since that breakout candle we were watching—finally cracked on Friday—things have been going like crazy. From recent low to today’s high, we’re easily looking at a 10%+ move on the QQQ ETF, maybe even more. And for the savvy traders who caught it early? This run has been pure adrenaline.

📈 April’s Bullish Burn

Zooming out, April could be ending with a beautifully bullish monthly candle. Today’s open stayed strong, and even after such an intense 10% sprint over the last five sessions, the market is holding its ground. That’s often a sign we’re in a strong uptrend. But after a run like that, some consolidation? Totally expected. Even welcomed.

We might get a breather, a pullback, or even a sideways shuffle—but that doesn’t mean the party’s over. In fact, it could just be setting up for the next leg higher.

🧭 Bear Market Who? The Reversal Is Real

Let’s talk broader sentiment: we’ve been stuck in protection mode for a while—bearish tones, cautious outlooks. But now? The reversal is looking more and more real. The trend is shifting. It’s not just a bounce—it’s a transition.

Momentum is pouring into tech names—Netflix, Robinhood, CrowdStrike, Palantir, and others are flying off the shelves like it’s 2021 again. The volume is solid, and that’s the kind of confirmation bulls love to see.

📊 Watching QQQ & SPY

On the technical front, the QQQ broke out and held above the key $470 level. The next few sessions will be crucial: will it hold, digest, and climb? The setup says yes—but the market always keeps us humble. SPY chart presents similar story.

🟢 Trend Check: 20-Day Moving Average Rises

One more bullish hint? The 20-day moving average is starting to curve upward—something we haven’t seen much of in a while. Those green bars at the bottom of the chart? They’re the market whispering, “I’m back.”

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⚡ Final Take

We’re at a potential inflection point. Yes, things may cool off short term—but the momentum is back, and it’s hard to ignore. Whether you’re chasing the trend or waiting for the dip, one thing is clear:

April’s bulls weren’t playing. And May might just bring the follow-through.

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