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Jake Wujastyk, founder and CEO at TrendSpider, highlights that NQ_F, QQQ, and NDX are holding up at the March 30 pivot VWAP level.
He states that tomorrow will be an important day for possible upside follow-through, with this VWAP currently serving as the key support level.
Wujastyk has recently identified an inverse head and shoulders pattern and a recent MACD cross on MSFT's daily chart, indicating possible trend shifts in large-cap tech stocks, as detailed here. He has also commented on ongoing interest in ONDS shares, citing demand and a strategy to seek a larger position at a lower price, according to a previous note. These observations reflect Wujastyk’s recent focus on technical levels and trading opportunities across sectors.