$HOOD Weekly Recap

HOOD Weekly Recap

Market Structure: Price remained confined within the downtrend, failing to break out. Watching for more macro-positive catalysts that could help push it above the trendline.

Market Bias: The recent pullback aligns with broader market sentiment and may serve as a foundation for a potential move toward previous highs.

BX-Trender: The weekly BX-Trender histogram showed improvement, hinting at a possible reversal on the horizon.