Market Analysis and Investment Commentary by Walter Deemer
Walter Deemer’s contributions to market analysis span over 50 years, including tenures at Putnam Investments and his own firm, Deemer Technical Research. His proprietary indicator, the Breakaway Momentum Thrust, is widely followed among swing traders and has been adapted to crypto charts by leading analysts on TradingView.
Deemer authored Deemer on Technical Analysis, a foundational text in cycle theory and market breadth, and maintains an archive of over 2,600 market memos detailing reactions to global macro events. In 2025, his mentorship of new traders in applying sentiment extremes to altcoin patterns was spotlighted in Technical Analysis Magazine.
Deemer’s multi-decade cycle tracking offers a rare lens into structural rhythm across both traditional and decentralized assets, making his methods enduringly relevant for long-term crypto strategists.
Gap at 703.62 will be key for QQQ, Walter Deemer notes
Walter Deemer points to a gap in QQQ at 703.62 following Thursday's trading session. He explains that there is no rule requiring such gaps to be filled, nor any guideline on the speed at which ...
Walter Deemer: S&P 500 and Nasdaq 100 need rally to fill large morning gaps
Walter Deemer highlights that S&P 500 (SPY) would need to rally to 747.88 and Nasdaq 100 (QQQ) to 702.61 to fill large gaps that appeared this morning. He adds that the speed at which these gaps ...
Downside and upside gaps emerge in QQQ, Walter Deemer notes
Walter Deemer observes that the downside gap in QQQ from Tuesday has now been filled. He highlights the presence of a new upside gap that opened this morning, noting that QQQ would need to decline ...
Walter Deemer: Nifty Fifty era challenged value investors in 1972-73
Walter Deemer recalls the impact of the Nifty Fifty growth stock era during 1972-73, highlighting how market trends at the time nearly cost prominent value investor John Neff his job over the ...
SPY must drop to 744.44 and QQQ to 724.01 to fill gaps, Walter Deemer notes
Walter Deemer observes that major opening gaps appeared in the market this morning. He highlights that SPY would need to fall to 744.44 and QQQ to 724.01 to fill these gaps. According to Deemer, ...
Walter Deemer: Micron falls 20.7 percent in three days, erasing two weeks of gains
Walter Deemer reports that Micron has experienced a sharp 20.7 percent decline over the past three days. According to Deemer, this drop wiped out all of the stock’s gains from the last two ...
SPY must rally to 751.47 and QQQ to 732.52 to close this morning’s gaps, Walter Deemer notes
Walter Deemer highlights that SPY would need to climb to 751.47 and QQQ to 732.52 to fill gaps created during early trading. He adds that the speed at which these gaps are filled, if at all, may ...
Walter Deemer: QQQ gap down at 722.12 remains unfilled as trend strength watched
Walter Deemer highlights that the QQQ experienced a gap down at 722.12 on Tuesday, which remains unfilled. He notes that while there is no rule requiring gaps to be filled or specifying how ...
Cisco saw significant 2000 peak during dot-com bubble, Walter Deemer notes
Walter Deemer points to the 2000 top in Cisco as the focal point of the dot-com bubble. The archive reference underscores the importance of Cisco's valuation surge and subsequent decline during ...
Walter Deemer: Bull market since April 2025 saw new shift with Whaley Price Thrust
Walter Deemer describes the recent trajectory of the bull market that started in April 2025. He highlights that while the market unfolded normally during its first year, a significant change ...
Whaley Price Thrust remains key on 69% upside day, Walter Deemer notes
Walter Deemer, industry influencer, observes that while there is currently a 69% upside day, it is the Whaley Price Thrust that truly matters. Deemer credits the Whaley Price Thrust as being the ...
Walter Deemer: Breakaway momentum requires 2550 net advances for bulls
Breakaway Momentum Watch signals it would now take an extraordinary move—2550 net advances with no more than 150 declines—for bullish momentum to continue. Walter Deemer highlights that, ...
Market achieves 75% upside day at 11am, Walter Deemer notes
A sharp surge occurred in the U.S. stock market with a 75% upside day recorded at 11am, according to data cited by Walter Deemer. The calculation is based on the UVOL/(UVOL+DVOL) ratio using ...
Walter Deemer: Market could achieve breakaway momentum if 2070 net advances occur tomorrow
The market has an opportunity to generate what Walter Deemer refers to as Breakaway Momentum, which he describes as the best breadth thrust indicator. According to Deemer, achieving Breakaway ...
Further declines needed to fill Wednesday S&P 500 and Nasdaq ETF gaps, Walter Deemer notes
Walter Deemer highlights that S&P 500 ETF (SPY) would need to decline to 659.61 and Nasdaq ETF (QQQ) to 588.98 to fill price gaps from Wednesday. He reminds investors that gap fills are not ...
Walter Deemer: Market breadth remains positive but volume signals are mixed
Market technician Walter Deemer observes that market breadth is solidly positive, citing a 9-5 margin. However, he also highlights that upside and downside trading volumes are currently equal, ...
Strong rallies not needed for 90 percent or consecutive 80 percent upside days, Walter Deemer points out
Market commentator Walter Deemer clarified that based on NYSE and NASDAQ documents, there is no requirement for a strong or durable rally at the outset to achieve either a 90 percent upside day or ...
Walter Deemer: Unfilled gaps in SPY and QQQ signal trend strength
SPY and QQQ opened with significant price gaps on Friday that have yet to be filled, according to Walter Deemer. In addition, QQQ's Thursday gap up at 629.85 remains open. Deemer suggests that ...
Markets experience 67 percent downside day, Walter Deemer notes
Walter Deemer highlighted market activity with a 67 percent downside day, calling it insignificant based on DVOL/(UVOL+DVOL) using Lowry’s definition. He also referenced data sources and noted ...
Walter Deemer: SPY overnight trading hovers around 657.03 key gap level
Walter Deemer highlighted the significance of the 657.03 price level during overnight trading for SPY. According to Deemer, a breakaway gap could form if SPY opens above this threshold. He ...
Market sees 82 percent upside day at 10:30 after strong start, Walter Deemer notes
Walter Deemer reported an 82 percent upside day at 10:30, referencing the UVOL/(UVOL+DVOL) ratio using Lowry’s definition. Despite a strong market opening, Deemer expected the upside percentage ...
