TECHNICAL · AVWAP
Brian Shannon
As of 28 September 2026, Brian Shannon holds 20 current views on Headge, 12 Bullish, 8 Bearish. The latest is Bullish on SPY over 1 Week. Every view links to the original post or video.
Creator of Anchored VWAP. Multi-timeframe trend analysis, swing setups and disciplined risk levels.
VIEWS 12
LAST PUBLISHED 12H AGO
Catch-Up
Generated 08:00 ET
The picture is unchanged: broad index momentum remains constructive, with $SPY and $QQQ poised for fresh highs if their recent higher lows hold, while $MSFT, $MAGS and $BTC retain leadership. That strength is uneven beneath the surface, as small caps, financials and biotechs remain technically weak and rising Treasury yields continue to pressure $TLT. Semiconductors capture the tension: the longer-term trend remains supported by buyers, but the recent breakout has left $SMH stretched and vulnerable to near-term volatility.
At Generation 6 Bullish · 0 Neutral · 6 Bearish
Mix By Horizon
1 Week
5 BULL 0 NEUT 2 BEAR
1 Month
1 BULL 0 NEUT 4 BEAR
1 Year
0 BULL 0 NEUT 0 BEAR
Held
TLT
BEARISH
Long-term Treasury yields look positioned to stretch toward the June 2007 high of 5.316%, where extreme negative sentiment could mark a short-term turning point. Week TLT
BEARISH
Long bonds face further downside as the 10-year yield trend remains higher and appears likely to advance toward 5.30%. Month IWM
BEARISH
The Russell 2000 remains in a bearish environment below declining short- and intermediate-term moving averages, with no evidence that buyers have gained control. Month QQQ
BULLISH
The Nasdaq should continue toward a new all-time high as long as its most recent swing-trade higher low remains intact. Week MSFT
BULLISH
Microsoft appears most likely to head for new all-time highs following its strong day and constructive anchored-VWAP setup. Week SPY
BULLISH
The S&P 500 should reach new all-time highs next week if its recent intermediate-term higher low continues to hold. Week IBB
BEARISH
Biotechs remain vulnerable after a month of lower highs and lower lows, with a break below 152 potentially opening a move toward 148. Month SMH
BULLISH
Semiconductors have buyers in control, supported by rising 20-, 50-, and 200-day moving averages despite potential near-term Micron earnings volatility. Month BTC
BULLISH
Bitcoin looks bullish after buyers took control and price broke free from the all-time-high anchor, with 82 as a key resistance area. Week MAGS
BULLISH
$MAGS continues to perform well after a strong week, reinforcing constructive near-term leadership among the largest technology stocks in the market. Week XLF
BEARISH
Financial stocks remain in a downtrend and may grind toward the 200-day moving average and year-to-date anchored VWAP around 53 to 53.75. MonthGone
LMND
BEARISH
Lemonade looks technically weak below its 20-, 50-, and 200-day moving averages, with downside potential toward $40 per share. Month NKE
BEARISH
Nike remains unready for a sustained advance as sellers persist, though a capitulation washout near $33 could eventually produce a tradable bounce. Month Positioning & Vol
HIGHER
Semiconductors and market leaders are becoming stretched after a rapid advance, warranting smaller positions and caution despite their still-higher trend. WeekA daily catch-up of talking heads, in fifteen minutes.
Sentiment Graph
Today
SENTIMENT GRAPH
Current Views
ANALYSTDIRECTIONTOPICSUMMARYHORIZONFRESH
Brian Shannon TECHNICAL · AVWAP BULLISH Moderate
SPY The S&P 500 made a higher low and must hold this week’s higher-low support to preserve the intermediate-term constructive setup. DIRECTION ONLY
Week 12h Brian Shannon TECHNICAL · AVWAP BEARISH Moderate
TLT Long-term Treasury yields look positioned to stretch toward the June 2007 high of 5.316%, where extreme negative sentiment could mark a short-term turning point. LEVELS · TARGET 5.316
Week 3d Brian Shannon TECHNICAL · AVWAP BEARISH Strong
TLT Long bonds face further downside as the 10-year yield trend remains higher and appears likely to advance toward 5.30%. LEVELS · TARGET 5.3
Month 3d Brian Shannon TECHNICAL · AVWAP BEARISH Strong
IWM The Russell 2000 remains in a bearish environment below declining short- and intermediate-term moving averages, with no evidence that buyers have gained control. DIRECTION ONLY
Month 3d Brian Shannon TECHNICAL · AVWAP BULLISH Strong
QQQ The Nasdaq should continue toward a new all-time high as long as its most recent swing-trade higher low remains intact. DIRECTION ONLY
Week 3d Brian Shannon TECHNICAL · AVWAP BULLISH Strong
MSFT Microsoft appears most likely to head for new all-time highs following its strong day and constructive anchored-VWAP setup. DIRECTION ONLY
Week 3d Brian Shannon TECHNICAL · AVWAP BULLISH Strong
SPY The S&P 500 should reach new all-time highs next week if its recent intermediate-term higher low continues to hold. DIRECTION ONLY
Week 3d Brian Shannon TECHNICAL · AVWAP BEARISH Moderate
IBB Biotechs remain vulnerable after a month of lower highs and lower lows, with a break below 152 potentially opening a move toward 148. LEVELS · SUPPORT 152 · TARGET 148
Month 3d Brian Shannon TECHNICAL · AVWAP BULLISH Strong
SMH Semiconductors have buyers in control, supported by rising 20-, 50-, and 200-day moving averages despite potential near-term Micron earnings volatility. DIRECTION ONLY
Month 3d Brian Shannon TECHNICAL · AVWAP BULLISH Strong
BTC Bitcoin looks bullish after buyers took control and price broke free from the all-time-high anchor, with 82 as a key resistance area. LEVELS · RESISTANCE 82
Week 3d Brian Shannon TECHNICAL · AVWAP BULLISH Moderate
MAGS $MAGS continues to perform well after a strong week, reinforcing constructive near-term leadership among the largest technology stocks in the market. DIRECTION ONLY
Week 3d Brian Shannon TECHNICAL · AVWAP BEARISH Strong
XLF Financial stocks remain in a downtrend and may grind toward the 200-day moving average and year-to-date anchored VWAP around 53 to 53.75. LEVELS · TARGET 53 · TARGET 53.75
Month 3d Brian Shannon TECHNICAL · AVWAP BULLISH Moderate
QQQ $QQQ established an important higher low, providing a risk reference for next week; a break below would undermine the constructive price-action setup. DIRECTION ONLY
Week 3d Brian Shannon TECHNICAL · AVWAP BULLISH Moderate
SPY $SPY established an important higher low, providing a risk reference for next week; a break below would undermine the constructive price-action setup. DIRECTION ONLY
Week 3d Brian Shannon TECHNICAL · AVWAP BEARISH Weak
SMH $SMH and semiconductor leaders are becoming stretched after a rapid breakout, warranting caution even though the advance could continue. DIRECTION ONLY
Week 5d Brian Shannon TECHNICAL · AVWAP BULLISH Strong
SPY The S&P has broken its recent range with higher lows and rising 20- and 50-day averages, favoring a buyable recovery after a shakeout. DIRECTION ONLY
Week 6d Brian Shannon TECHNICAL · AVWAP BEARISH Strong
LMND Lemonade looks technically weak below its 20-, 50-, and 200-day moving averages, with downside potential toward $40 per share. LEVELS · TARGET 40
Month 6d Brian Shannon TECHNICAL · AVWAP BEARISH Moderate
NKE Nike remains unready for a sustained advance as sellers persist, though a capitulation washout near $33 could eventually produce a tradable bounce. LEVELS · SUPPORT 33
Month 6d Brian Shannon TECHNICAL · AVWAP HIGHER Moderate
Positioning & Vol Semiconductors and market leaders are becoming stretched after a rapid advance, warranting smaller positions and caution despite their still-higher trend. DIRECTION ONLY
Week 6d Brian Shannon TECHNICAL · AVWAP BULLISH Strong
DE $DE has a constructive technical setup for investors seeking a slower-moving holding, with risk managed below the red-arrow level. DIRECTION ONLY
Month 6dWordcloud
Direction By Day
| 15 SEP | 16 SEP | 17 SEP | 18 SEP | 19 SEP | 20 SEP | 21 SEP | 22 SEP | 23 SEP | 24 SEP | 25 SEP | 26 SEP | 27 SEP | 28 SEP | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BTC | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | ▲ | ▲ | ▲ |
| DE | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · |
| IBB | · | · | · | · | · | · | · | · | · | · | · | ▼ | ▼ | ▼ |
| IWM | ▼ | ▼ | · | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | ▼ | ▼ | ▼ |
| LMND | · | · | · | · | · | · | · | · | ▼ | ▼ | ▼ | ▼ | ▼ | · |
| MAGS | ▲ | ▲ | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | ▲ | ▲ | ▲ |
| META | ▼ | ▼ | · | · | · | · | · | · | · | · | · | · | · | · |
| MRNA | ▲ | ▲ | · | · | · | · | · | · | · | · | · | · | · | · |
| MSFT | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ |
| NFLX | ▼ | ▼ | · | · | · | · | · | · | · | · | · | · | · | · |
| NKE | · | · | · | · | · | · | · | · | ▼ | ▼ | ▼ | ▼ | ▼ | · |
| NVDA | ■ | ■ | ■ | ■ | ■ | · | · | · | · | · | · | · | · | · |
| Positioning & Vol | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · |
| QQQ | ■ | ■ | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ |
| Sive.st | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · | · | · |
| SMH | · | · | · | · | · | · | · | · | · | ▼ | ▼ | ▲ | ▲ | ▲ |
| SNDK | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · | · | · |
| SPCX | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | · | · | · | · | · | · |
| SPY | ■ | ■ | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ |
| TLT | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | · | · | · | · | ▼ | ▼ | ▼ |
| TSLA | ■ | ■ | ■ | ■ | ■ | · | · | · | · | · | · | · | · | · |
| XLE | ▲ | ▲ | · | · | · | · | · | · | · | · | · | · | · | · |
| XLF | · | · | · | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | ▼ | ▼ | ▼ |
| ZBRA | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · |
Sentiment Heatmap
| 15 SEP | 16 SEP | 17 SEP | 18 SEP | 19 SEP | 20 SEP | 21 SEP | 22 SEP | 23 SEP | 24 SEP | 25 SEP | 26 SEP | 27 SEP | 28 SEP | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BTC | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | ▲ | ▲ | ▲ |
| DE | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · |
| IBB | · | · | · | · | · | · | · | · | · | · | · | ▼ | ▼ | ▼ |
| IWM | ▼ | ▼ | · | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | ▼ | ▼ | ▼ |
| LMND | · | · | · | · | · | · | · | · | ▼ | ▼ | ▼ | ▼ | ▼ | · |
| MAGS | ▲ | ▲ | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | ▲ | ▲ | ▲ |
| META | ▼ | ▼ | · | · | · | · | · | · | · | · | · | · | · | · |
| MRNA | ▲ | ▲ | · | · | · | · | · | · | · | · | · | · | · | · |
| MSFT | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ |
| NFLX | ▼ | ▼ | · | · | · | · | · | · | · | · | · | · | · | · |
| NKE | · | · | · | · | · | · | · | · | ▼ | ▼ | ▼ | ▼ | ▼ | · |
| NVDA | ■ | ■ | ■ | ■ | ■ | · | · | · | · | · | · | · | · | · |
| Positioning & Vol | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · |
| QQQ | ■ | ■ | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ |
| Sive.st | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · | · | · |
| SMH | · | · | · | · | · | · | · | · | · | ▼ | ▼ | ▲ | ▲ | ▲ |
| SNDK | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · | · | · |
| SPCX | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | · | · | · | · | · | · |
| SPY | ■ | ■ | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ |
| TLT | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | · | · | · | · | ▼ | ▼ | ▼ |
| TSLA | ■ | ■ | ■ | ■ | ■ | · | · | · | · | · | · | · | · | · |
| XLE | ▲ | ▲ | · | · | · | · | · | · | · | · | · | · | · | · |
| XLF | · | · | · | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | ▼ | ▼ | ▼ |
| ZBRA | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · |
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