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Brian Shannon, founder and full-time trader at AlphaTrends, provides an overview of stock market and cryptocurrency action for the week ending 8/7/26.
Shannon highlights key assets including SPY, QQQ, SMH, IWM, XBI, MU, AMD, INTC, NVDA, as well as cryptocurrencies such as Bitcoin, Ethereum, and Solana.
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Earlier this month, Shannon identified the 5sma and Leo Liquidation Low VWAP as critical support levels for assets including ES_F, NQ_F, SPY, and QQQ. He also highlighted Finviz's comprehensive free resources and premium features for market participants. These recent notes provide context for his weekly overview of equities and cryptocurrencies.