Notice: The Weekend Report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.
This is just a friendly reminder that it’s essential to monitor the Daily Setups and Workspace scan results, which can provide insights into potential future additions and help you stay ahead of the game.
If you’re having trouble understanding the Daily Setups or need help crafting a trading strategy, don’t hesitate to ask for assistance. You can email us at info@setyourstop.com or reach me through the Workspace. Let’s schedule a meeting to address your specific requirements and provide you with the guidance you need.
Sample Trading System
The following trading system is presented as an educational example and should not be interpreted as financial advice. Past performance does not guarantee future results, and trading involves inherent risks. Please consult with a qualified financial advisor before implementing any trading strategies.
SYS Daily Report – Weekend Edition
A Week of Volatility Amid Trade Tensions
The stock market remained under pressure this past week as escalating trade tensions, economic uncertainty, and concerns over inflation drove selling. However, Friday provided a strong relief rally, temporarily offsetting the week’s losses. The S&P 500 gained 2.1% to close at 5,638.94, the Dow Jones Industrial Average climbed 1.7% (+674.62 points) to 41,488.19, and the Nasdaq Composite surged 2.6% to 17,754.09. Despite these gains, all three indices closed the week lower, marking their fourth consecutive weekly decline. The S&P 500 lost 2.3%, the Dow dropped 3.1%, and the Nasdaq fell 2.4%.
The Red-Light/Green-Light Breadth System
Market breadth remains a key focus, with short-term rebounds failing to change the underlying trend. While Friday’s rally was impressive, the market remains fragile, and until a follow-through day materializes, caution is warranted.
S&P 500 – Daily Chart
The S&P 500 struggled throughout the week, reflecting ongoing concerns about interest rates and global trade. The index suffered a 10% correction from its recent highs, erasing $5.3 trillion in market value. While Friday’s rally was significant, the index remains in a downtrend, facing resistance at key moving averages and horizontal resistance.
Nasdaq – Daily Chart
The tech-heavy Nasdaq Composite led Friday’s rebound, posting a 2.6% gain. AI-related stocks saw renewed interest, with Nvidia (NVDA) up 5.3% ahead of its GTC Conference, where CEO Jensen Huang is expected to discuss the latest in artificial intelligence. Tesla (TSLA) rose 3.9%, but many high-growth stocks remain well below key technical levels, making this bounce suspect until further confirmation.
Dow Jones Industrial Average – Daily Chart
The Dow Jones saw strength in financials, with JPMorgan Chase (JPM) up 3.2% and Goldman Sachs (GS) gaining 3.1%. However, the index recorded a 3.1% loss for the week, its worst in two years, underscoring continued uncertainty.
Russell 2000 (ETF) – Daily Chart
Small-cap stocks showed resilience Friday, with the Russell 2000 climbing 2.5%. However, the index remains at a seven-month low, reflecting continued risk aversion among investors.
10-Year US Treasury Yield
The 10-year Treasury yield closed at 4.31%, reflecting mixed economic signals. Investors are awaiting next week’s Federal Reserve meeting, where Fed Chair Jerome Powell could hint at future rate cuts.
US Dollar – Weekly Chart
The U.S. Dollar Index (DXY) weakened amid uncertainty surrounding the economy and ongoing trade disputes. A potential shift in Fed policy could further pressure the dollar in the coming weeks.
Crude Oil – Weekly Chart
Oil prices managed to close higher Friday, with U.S. crude oil settling at $67.18 per barrel, narrowly avoiding an eighth consecutive weekly loss. Global supply concerns remain a factor, but demand expectations remain weak.
TSX – Daily Chart
The Toronto Stock Exchange (TSX) Composite Index posted its biggest gain since August, rising 1.45% (+350.17 points) to 24,553.40. The rally was driven by strength in technology (+2.8%), financials (+1.9%), and energy (+1.6%). However, for the week, the TSX was still down 0.83%, mirroring global market weakness.
Copper – Weekly Chart
Copper prices continue to attempt a breakout from the pattern we’ve been charting with copper stocks appearing in the report’s daily setups section. Monitor for a continuation of upside momentum and keep your favourite copper stocks on a watchlist.
Gold – Daily Chart
Gold surged to a new all-time high, closing at $3001.10. Investors continue to seek safety in the precious metal amid geopolitical risks and inflation fears.
Silver – Daily Chart
Silver is now attempting to breakout from the triangle pattern we have been charting, putting a bid with momentum under many of the silver mining names.
Bitcoin – Weekly Chart
Bitcoin (BTC) remained volatile, rebounding near its 40-week or 200-day moving average. A level that most hold for the bulls.
Despite Friday’s rally, the market remains in a correction phase, with no clear confirmation of a new uptrend. Investors should remain cautious, focusing on relative strength stocks, defensive sectors, and safe-haven assets while avoiding excessive risk. The upcoming Federal Reserve meeting will be a key driver of market sentiment, with any hints of rate cuts likely to influence future direction. With that said, many charts are attempting to rebound from key levels offering trading opportunities while offering tight risk/reward stop-loss levels at their recent lows.
The Trump administration’s new tariffs, consumer confidence concerns, and signs of institutional selling suggest more volatility ahead. Until a follow-through day occurs, traders should manage risk carefully, waiting for more precise signals before committing to new positions.
Next week, March 21, marks quadruple witching, a historically volatile event as multiple derivatives contracts expire and reset. This often leads to sharp price swings and increased trading volume. If the market rebounds from these levels, one could monitor for a potential trade into underside resistance leading into that date. If that doesn’t occur, it’s important to be aware that the expiration-driven volatility could introduce significant downside risk, depending on where the market stands.
“Being right is a byproduct of managing your risk well.” – Paul Tudor Jones
Now, onto the daily setups.
US Daily Setups
AFL – Aflac, Inc.
Aflac has moved toward the apex of a significant multi-month consolidation pattern. Monitor for continued signs of upside momentum, which may lead to a potential breakout.
LINK TO CHART – https://schrts.co/NzByPCdI
ALAB – Astera Labs Inc.
Astera Labs showed signs of upside momentum on Friday as the PPO momentum indicator formed a bullish cross. Watch to see if price action can break above the horizontal resistance line to confirm a potential move higher.
LINK TO CHART – https://schrts.co/EBZKdJzC
ATAT – Atour Lifestyle Holdings Ltd.
Atour Lifestyle is setting up near the apex of a potential continuation pattern. Monitor for a breakout attempt if momentum strengthens.
LINK TO CHART – https://schrts.co/RuUYWqDg
AVGO – Broadcom Inc.
Broadcom is retesting its recent breakout level in the form of a wedge, while the PPO momentum indicator sets up for a potential bullish cross. Monitor to see if price action can hold this level and confirm a continuation move.
LINK TO CHART – https://schrts.co/AkkxPBnt
FCX – Freeport-McMoRan, Inc.
Freeport-McMoRan is set up for a potential breakout from a bottoming pattern, supported by its appearance in an unusual activity report highlighting significant call buying. Monitor for sustained momentum to confirm the move.
LINK TO CHART – https://schrts.co/cyKTRVfI
IONQ – IonQ Inc.
IonQ continues to see upside momentum following its rebound off the 200-day moving average. This move aligns with the broader quantum computing sector, as many stocks in the space exhibit similar patterns and are experiencing upside momentum. Monitor for continued strength and watch key overhead resistance levels. Additionally, keep an eye on other quantum computing stocks, as they are showing comparable setups and could present further opportunities.
LINK TO CHART – https://schrts.co/aCXNuSFn
JPM – J.P. Morgan Chase & Co.
J.P. Morgan is attempting to rebound from its 200-day moving average. Monitor to see if price action can hold this level as support before watching for continued upside momentum.
LINK TO CHART – https://schrts.co/SAKFkriG
MAGS – Roundhill Big Tech ETF
The Roundhill Big Tech ETF, along with many of the Magnificent Seven stocks, is attempting to rebound from key support levels or areas where the PPO momentum indicator has reached a downside extreme and is starting to curl higher. Monitor for confirmation of support holding and potential upside momentum if buying pressure strengthens.
LINK TO CHART – https://schrts.co/yQFwENdJ
MWA – Mueller Water Products Inc.
Mueller Water appears to be setting up near its 52-week high. Monitor for a potential breakout if momentum continues to build.
LINK TO CHART – https://schrts.co/EYVHIKwU
PLTR – Palantir Technologies, Inc.
Palantir is attempting to rebound from a key support level. Monitor to see if price action can hold this level before watching for continued upside momentum.
LINK TO CHART – https://schrts.co/PbXMxGrY
ROOT – Root Inc.
Root is attempting to move higher from the pattern we have been tracking. Monitor for sustained momentum to confirm the move.
LINK TO CHART – https://schrts.co/ApYwPPHR
Canadian Daily Setups
AIAI.CA – NetraMark Holdings Inc.
NetraMark is attempting to move higher from a bullish flag. Monitor for sustained momentum to confirm the breakout.
LINK TO CHART – https://schrts.co/RFWMaEJN
K.TO – Kinross Gold Corp.
Kinross Gold is setting up near its 52-week high. Monitor for a potential breakout if momentum continues to build.
LINK TO CHART – https://schrts.co/pYvmEjhv
NDA.V – Neptune Digital Assets Corp.
Neptune Digital is consolidating just below a potential trigger line. Monitor for a breakout attempt if momentum begins to build.
LINK TO CHART – https://schrts.co/pJnbUGiq
SII.TO – Sprott Inc.
Sprott continues to consolidate toward the apex of a significant multi-month ascending triangle continuation pattern. Monitor for a potential breakout if momentum strengthens.
LINK TO CHART – https://schrts.co/WzwvrxbK
TKO.TO – Taseko Mines Ltd.
The Taseko Mines setup continues to threaten a breakout, with Friday’s price action showing strength. Monitor for sustained momentum to confirm the move.
LINK TO CHART – https://schrts.co/dRGzSwFg
VERS.NE – VERSES Technologies Inc.
VERSES Technologies is setting up in the form of a potential wedge pattern as price action tests a significant support level, highlighted by the large volume-by-price bar on the left side of the chart. Monitor to see if support holds and whether momentum builds for a potential breakout.
LINK TO CHART – https://schrts.co/jiEeUfAG
To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, be sure to explore the PDFs of Friday’s scan results provided below. Until next time, happy trading!
US Scanner Results
(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
EXPORT – US Watchlist Scan – 2025-03-15
QBTS, GRRR, KINS, JFIN, TSAT, LX, NUTX, ROOT, GOSS, FNMA, HNRG, DOYU, WGS, TGTX, FUTU, MP, CVKD, CYD, BEKE, PDEX, XYF, LUCD, API, QFIN, CURI, MDGL, SPOT, ETON, SWIM, FTK, BZUN, XERS, ZLAB, GH, NL, ATAT, DB, VICR, SKWD, FINV, LNC, JD, CHKP, BCS, MT, YUMC, FARO, SILA, NWG, BHF, IDCC, FPH, NTNX, BBVA, CEE, EQT, ERIC, CIB, ACIW, WES, LU, MWA, AIZ, HESM, PLMR, UFCS, DOMO, KC, PTCT, PBI, CHN, IGIC, CNO, MFG, MRCY, SLM, PRI, KTOS, HWM, CNH, TORXF, KWEB, MMM, TIGO, ORLY, FXI, WMB, CENX, GL, USM, CAAS, MPAA, VEEV, ALL, ODD, ERJ, ESE, ETR, HSBC, RRC, CNP, NOK, GE, INFL, AXS, XEL, NFG, EZPW, LUV, GF, HURN, KNTNF, BE, DE, UNM, PPL, ORI, BLX, RERE, EPR, SE, NI, IAG, PNW, BRK/B, DPG, KGC, IBEX, AGNC, BABA, ESLT, HALO, INSM, ATO, TRV, DTE, MITT, T, ALHC, MPLX, ONC, OR, IPI, EXC, DUK, TW, CNTA, CDXC, PGR, PBFS, OGE, WPM, LFT, ALDX, AU, EXE, CAH, WELL, DVAX, WB, AEP, EVRG, CMS, ALKS, HCI, AEE, YMM, AON, LNT, BNTC, NTB, ICE, AGI, VSEC, TFPM, PBH, SIL, GDX, GDXJ, MAA, BJ, WDOFF, PM, AEM, DGX, SKE, ASA, AJG, PAAS, GFL, AUPH, MO, RTX, AM, ASND, GENI, RGLD, LBTYK, HTD, COMP, BECN, BRO, AZO, ARIS, AXSM, ALTR, ABBV, GLD
Canadian Scanner Results
(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
EXPORT – Canadian Scanner Results – 2025-03-15
NFI.TO, SCAN.V, BTQ.NE, SLI.V, MATR.TO, LQWD.V, PMET.TO, VERS.NE, AIAI.CA, DTC.CA, NDA.V, RML.V, HITI.V, MAL.TO, MMET.CA, PTK.V, DC/A.TO, CNL.TO, SMCI.NE, AMC.TO, HUT.TO, PWM.V, MU.NE, CDAY.TO, DAY.TO, SFC.TO, BB.TO, WGX.TO, BDT.TO, CFW.TO, IPCO.TO, OGN.V, LCS.TO, MHC/U.TO, OLA.TO, PDN.TO, ASTL.TO, NOA.TO, NOWS.NE, CGG.TO, AOI.TO, ELE.V, DRX.TO, AAUC.TO, FTN.TO, LFE.TO, MTA.V, AKT/A.TO, CGY.TO, TSLA.NE, TSLA.TO, ELO.TO, TH.TO, DV.V, ATS.TO, FVI.TO, ASCU.TO, NDM.TO, FM.TO, TKO.TO, CKG.V, TOT.TO, IAG.TO, AQN.TO, MFC.TO, GGD.TO, WSP.TO, BHC.TO, CMG.TO, CIA.TO, ISO.TO, TXG.TO, OGI.TO, VRN.TO, NCI.V, TSU.TO, DXT.TO, KEI.TO, MDA.TO, TCW.TO, CITI.NE, CAE.TO, MSFT.NE, MSFT.TO, HR/UN.TO, MEG.TO, SPB.TO, WCP.TO, PSI.TO, AMZN.NE, AMZN.TO, BRK.NE, BRK.TO, AIDX.TO, DRDR.TO, GRT/UN.TO, STN.TO, ILLM.TO, BOIL.CA, STLR.TO, GUD.TO, DPM.TO, LUG.TO, PKI.TO, LIF.TO, SU.TO, ESI.TO, ARX.TO, URB/A.TO, DSG.TO, G.TO, KNT.TO, BTO.TO, GRA.TO, FNV.TO, TD.TO, EIT/UN.TO, BDGI.TO, LAR.TO, SII.TO, IMG.TO, MRG/UN.TO, UNH.NE, POW.TO, AAV.TO, POU.TO, DOL.TO, TVE.TO, IMO.TO, MND.TO, ORA.TO, ATX.V, SLS.TO, SLF.TO, EXE.TO, K.TO, L.TO, WN.TO, VLE.TO, FOM.TO, LB.TO, OR.TO, SAP.TO, VZLA.TO, BTB/UN.TO, SSL.TO, DNG.TO, INTC.NE, MCB.TO, PRB.TO, VROY.V, PEY.TO, WPM.TO, STEP.TO, PZA.TO, MNT.TO, CHP/UN.TO, SGR/UN.TO, URE.TO, KRY.V, LUCA.V, PLZ/UN.TO, TRI.TO, NGT.TO, LOVE.V, QBR/B.TO, BIR.TO, TFPM.TO, PPL.TO, SVM.TO, NICU.V, TRP.TO, AGI.TO, SXGC.V, RSI.TO, CU.TO, SOBO.TO, III.TO, PSD.TO, ERE/UN.TO, AEM.TO, CCA.TO, SES.TO, PRU.TO, X.TO, GMIN.TO, OGC.TO, PMEI/UN.TO, SKE.TO, WTE.TO, ALS.TO, IIP/UN.TO, H.TO, ENB.TO, PAAS.TO, GFL.TO, WDO.TO, EDV.TO, QSR.TO
