Breakout Scanner with VWAP + RSI + MACD + Volume Spike

PRICE & MOVING AVERAGES
🟠 MA(10), MA(50), MA(200)
Purpose: Track price trends over different time horizons

MA10 – Very short-term trend (micro pullbacks)

MA50 – Intermediate trend (support/resistance)

MA200 – Long-term sentiment (bullish or bearish overall)

Use: Crossovers indicate trend reversals. E.g., MA10 < MA50 = bearish.

📉 EMA(9), EMA(12), EMA(34)
EMA = Exponential Moving Average

Reacts faster than MA, used for quick entries/exits

Common Strategy: EMA 9 crossing below EMA 34 → short signal

You’re currently in a downtrend, as all EMAs slope down and price is below them.

🔵 VWAP (Volume Weighted Average Price)
Purpose: Institutional benchmark

Traders use VWAP as a mean reversion level.

If price is below VWAP → bearish control; above → bullish control.

In your chart: QQQ is below VWAP, suggesting institutional selling.

📊 BOLL(20) = Bollinger Bands
Tracks volatility using 20-period MA ± 2 std. dev.

Bands widen when volatility increases.

In your chart: Price is riding the lower band → bearish pressure

🔁 RSI(14) = Relative Strength Index
Measures momentum

Ranges from 0 to 100

Above 70 = Overbought

Below 30 = Oversold

Current RSI is around 30–40, suggesting weak momentum, near oversold

📉 MACD (12, 26, 9)
MACD Line (blue) = 12EMA - 26EMA

Signal Line (red) = 9 EMA of MACD line

Histogram = MACD – Signal

When MACD crosses below Signal line → bearish

Your chart: Histogram is red and increasing → bearish strength increasing

✅ SUMMARY FOR QQQ CHART (LIVE INTERPRETATION)
Indicator Reading Signal
MA/EMA All sloping down ❌ Bearish
VWAP Price below VWAP ❌ Bearish
Bollinger Price hugging lower band ❌ Bearish
RSI(14) ~30-40 ⚠️ Weak
MACD Red histogram growing ❌ Bearish

Would you like me to generate a script-based trade signal system combining EMA + RSI + MACD for QQQ intraday calls/puts?