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
Market Turbulence Amid Economic Uncertainty
The past week has been marked by significant volatility across global financial markets as investors grapple with concerns over consumer strength, geopolitical tensions, options expiration, and upcoming economic indicators.
Red-Light/Green-Light Breadth System
Market breadth indicators have shifted towards caution. The advance-decline ratio on both the New York Stock Exchange and the Nasdaq favored decliners by approximately 3-to-1, signaling a broad-based retreat. This negative breadth suggests a potential shift in investor sentiment towards risk aversion.
S&P 500 – Daily Chart
The S&P 500 experienced a notable decline, falling 1.7% on Friday and matching that loss over the week. The index retreated to its 50-day moving average, a critical support level. Despite this pullback, the S&P 500 maintains a year-to-date gain of 2.2%.
Nasdaq – Daily Chart
The tech-heavy Nasdaq Composite suffered a sharper downturn, dropping 2.2% on Friday and 2.5% for the week. This decline pushed the index below its 50-day moving average, a bearish signal. The Nasdaq’s year-to-date gain has now narrowed to 1.1%.
Dow Jones Industrial Average – Daily Chart
The Dow Jones Industrial Average fell 1.7% on Friday, marking its steepest single-day loss in 2025. The index also breached its 50-day moving average, indicating potential further weakness. Key components such as UnitedHealth (UNH) and Nvidia (NVDA) were among the laggards.
Russell 2000 (ETF) – Daily Chart
The Russell 2000, representing small-cap stocks, declined 2.9% on Friday, closing below its 200-day moving average for the first time since late 2023. This movement suggests increased risk aversion among investors towards smaller companies.
10-Year US Treasury Yield
The yield on the 10-year U.S. Treasury note fell by 7.2 basis points, settling at 4.42%. This decline indicates heightened demand for safe-haven assets amid market volatility and economic uncertainty.
US Dollar – Daily Chart
The U.S. Dollar Index rose by 0.24%, reaching 106.52 on Friday, although it closed down for the week. The dollar’s strength reflects its status as a safe haven, with gains against major currencies such as the euro and yen.
Crude Oil – Weekly Chart
Crude oil prices experienced a downturn, with Brent futures settling down 2.68% at $74.43 per barrel, and U.S. West Texas Intermediate crude decreasing by 2.87% to $70.40 per barrel on Friay. Factors contributing to this decline include supply disruptions in Russia and uncertainties surrounding potential peace deals in Ukraine.
TSX – Daily Chart
The TSX Composite Index, fell 1.4% on Friday, closing at 25,147.03, its lowest level since January 17. The decline was broad-based, with significant losses in energy, metal mining, and technology sectors. Notably, Shopify Inc. (SHOP.TO) shares dropped nearly 6%. For the week, the index was down 1.3%.
Copper – Weekly Chart
Copper prices faced downward pressure, influenced by a combination of global economic concerns and fluctuating demand forecasts. The red metal’s performance often serves as a barometer for global economic health, and recent movements suggest caution among investors.
Gold – Weekly Chart
Gold prices eased slightly from record highs no Friday, with spot gold declining by 0.10% to $2,953.20 per ounce. Despite the modest pullback, gold remains a favored asset for investors seeking a hedge against inflation and geopolitical uncertainties.
Silver – Daily Chart
Silver prices mirrored gold’s trajectory, with spot silver experiencing a modest decline. The metal continues to navigate between its industrial applications and status as a precious metal investment.
Bitcoin – Weekly Chart
Bitcoin (BTC) experienced a slight decrease, falling 0.37% to $95,777. The cryptocurrency market continues to exhibit volatility, with investors closely monitoring regulatory developments and macroeconomic trends. Monitor to see if price action can start to curl higher from the lower trendline of its consolidation area.
Ethereum – Weekly Chart
Ethereum (ETH) saw a modest gain of 5.51%, trading at $2,808.15, with price action attempting to curl higher from the lower trendline of its giant triangle pattern. Watch for signs of continued upside momentum.
The financial markets are currently navigating a complex landscape marked by economic uncertainties, geopolitical tensions, and upcoming key economic indicators. Investors are advised to exercise caution, maintain diversified portfolios, and stay informed on developments that could impact market dynamics in the near term.
“There is no single market secret to discover, only the discipline to manage risk.” – Jack Schwager
Now, onto the daily setups.
US Daily Setups
CWAN – Clearwater Analytics Holdings Inc.
Clearwater Analytics appears to be setting up just below its 52-week high, following two days of robust volume driven by news. Monitor to see if price action can sustain its uptrend.
LINK TO CHART – https://schrts.co/kBDYvvWW
EXEL – Exelixis, Inc.
Exelixis is consolidating just below its 52-week highs. Monitor for a potential breakout if price action gains momentum.
LINK TO CHART – https://schrts.co/zuUpqMaF
JD – JD.com, Inc.
JD.com is attempting to break out above the upper trendline of a multi-month symmetrical triangle, supported by increasing volume. Monitor for follow-through to confirm the move.
LINK TO CHART – https://schrts.co/FruWkQdc
MO – Altria Group Inc.
Altria is attempting to break out from a continuation pattern. Monitor for sustained price action above key resistance levels to confirm the move.
LINK TO CHART – https://schrts.co/YBwhJRUC
MP – MP Materials Corp.
MP Materials is setting up just below its 52-week high. Monitor for a potential breakout if price action gains momentum.
LINK TO CHART – https://schrts.co/TRVKDmUH
SNT – Senstar Technologies Ltd.
Senstar Technologies appears to be setting up just below its 52-week high, supported by a multi-month robust volume profile, as the PPO momentum indicator executes a bullish cross at the zero line. Monitor for a potential breakout if momentum continues to build.
LINK TO CHART – https://schrts.co/puzfarxM
TLT – iShares 20+ Year Treasury Bond ETF
The iShares 20+ Year Treasury Bond ETF appears to be forming a potential bottoming pattern, with price action setting up for a possible breakout. Monitor for confirmation through sustained movement above key resistance levels.
LINK TO CHART – https://schrts.co/UitBagKS
Canadian Daily Setups
ACO/X.TO – Atco Ltd.
Atco is attempting to move higher from a multi-month consolidation area. Monitor for sustained price action above key resistance levels to confirm the move.
LINK TO CHART – https://schrts.co/WZWkIwDn
CU.TO – Canadian Utilities Ltd.
Canadian Utilities is attempting to break out from a significant consolidation/continuation pattern as the PPO momentum indicator moves toward a breakout above the zero line. Monitor for sustained price action to confirm the move.
LINK TO CHART – https://schrts.co/yGrybfJk
FDR.V – Founders Metals Inc.
Founders Metals is attempting to break out to a 52-week high, supported by two consecutive days of robust volume. Monitor for follow-through to confirm sustained momentum.
LINK TO CHART – https://schrts.co/wdPGFevI
HME.V – Hemisphere Energy Corp.
Hemisphere Energy is consolidating below its 52-week highs, with recent volume spikes. Monitor for potential breakout signals as the PPO starts to accelerate higher from the zero line.
LINK TO CHART – https://schrts.co/iYUiTEKu
T.TO – TELUS Corp.
TELUS is setting up in the form of a potential continuation wedge, while the monthly PPO momentum indicator undergoes a deep bullish cross. Monitor for a breakout to confirm the pattern.
LINK TO CHART – https://schrts.co/iavfDNuj
TOU.TO – Tourmaline Oil Corp.
Tourmaline Oil continues to set up just below its 52-week high and all-time high. Monitor for a potential breakout if price action gains momentum.
LINK TO CHART – https://schrts.co/WJtrqfgr
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 – 2025-02-23
GDEV, HOLO, CELH, WIMI, VICR, SEI, AVTX, DOYU, INOD, TME, KNDI, SAG, ZLAB, API, IMUX, MELI, OLED, AGM, HSAI, VRNA, BABA, PDD, LU, DDL, IMNN, ELF, SPXU, OWLT, YOU, EXEL, MP, RLX, LX, TUYA, APLD, ECX, ONC, PRMW, CWAN, AGIO, GDYN, KVUE, LI, HSY, MDLZ, XPEV, CAG, MPAA, UNIT, AIXI, MNST, CVKD, BEKE, TW, FNF, KHC, BILI, CPB, AWK, BZUN, JD, KWEB, KRYS, CLX, KDP, CAAS, WB, ED, SJM, PPC, KC, SNDX, GRAB, NEON, MDT, TSN, FE, DUK, OGE, D, LNT, PCG, NVS, KO, PM, BIDU, TFPM, PG, UTZ, T, AMGN, NWG, VICI, PPL, CNP, JNJ, ATO, ELVN, SR, WTBA, JKHY, FXI, AEE, INGR, MO, ENFN, ABT, POR, SRE, COOP, CHN, MITT, TBRG, U, EVRG, MKC, XLP, UNCY, BAX, CMS, DPG, CCI, KR, SNT, INCY, O, MOMO, TIGO, AZN, CBOE, DERM, FIVN, AEP, RPRX, WRB, KMB, ZTO, PNW, XEL, FDP, TLSI, CHD, CCEP, ALC, VRSK, VRTX, POST, DG, LOGI, GRRR, CANE, RXT, DTIL, FUTU, SO, ICE, ADEA, VZ, DTE, PTCT, TG, SNY, ABBV, OPK, MCD, WEAT, HALO, MHI, AIG, YSG, EXC, WEC, VPLS, CHRW, VCRB, ZIM, FXY, WTW, MAA, BTG, LBTYA, RERE, ERC, ASLE, HON, LH, GFL, K, LBTYK, NI, SEAT, CME, GGT, COCO, HSBC, ORI, HERO, PARA, AJG, BCSF, ESS, BK, AGNC, BCS, EHI, ESGR, REG, DGX, GRND, HCP, LLY, MATX, PLD, BRO, HTD, EXOD, XLU, BOXX, RSG
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 – 2025-02-23
DCM.TO, RCK.V, AIAI.CA, MEND.CA, TLRY.TO, PWM.V, PGIC.TO, SVI.TO, LUCA.V, TMQ.TO, INE.TO, EPRX.TO, DTOL.TO, KRY.V, LUG.TO, ZDC.V, MMET.CA, FDR.V, BHC.TO, HME.V, TFPM.TO, BCE.TO, SGD.V, GTII.CA, BLX.TO, EMA.TO, JNJ.NE, DHT/UN.TO, RET/A.V, T.TO, MND.TO, ERE/UN.TO, CHR.TO, ORA.TO, IMP.TO, FTS.TO, HSLV.CA, NPI.TO, BTO.TO, RCI/B.TO, CU.TO, ACO/X.TO, ARTG.V, IAU.TO, PMZ/UN.TO, III.TO, MFI.TO, GFL.TO, FCD/UN.TO, X.TO, VLE.TO, TOU.TO, PEY.TO, ACB.TO, EMP/A.TO, ALA.TO, PHYS.TO, AND.TO, DR.TO, PLZ/UN.TO, CCA.TO, LLY.NE, TRI.TO, FFN/PA.TO, CIX.TO, GWO.TO, MRU.TO
