SPY and QQQ Establish Higher Lows: New Risk Levels for Traders
Brian Shannon, founder and full-time trader at AlphaTrends, provided his weekly analysis of the stock market for the week ending September 25th. In a recent update, Shannon observed that major indices SPY and QQQ had established higher lows, marking new risk levels for traders ahead of the week.
Shannon's market coverage has emphasized both equities and cryptocurrencies, including his analysis of stocks, Bitcoin, and gold in earlier updates. His regular assessments have highlighted trends in various sectors and asset classes, providing a broad market perspective as the week concludes.