Back to Insights

Anticipation Breakout Wednesday 1/28/2026

January 28, 2026 5 min read

Overall Sector and Industry Analysis (EST range reviewed)
– Data received spans mostly 2026-01-28 from 14:00 to 18:30 EST, with a few prints on 2026-01-27. A full 30-day history wasn’t provided, so the commentary emphasizes the latest session’s 30-minute structure and the most recent 10-day momentum as inferred from today’s behavior and obvious near-term daily zones.
– Broad market: SPY and QQQ both faded modestly into the after-hours (SPY ~696.9→695.3; QQQ ~636.6→634.3), while mega-cap tech was volatile and generally soft in AH (MSFT 481→446 pullback, META spike-and-fade 743→721, TSLA whipsaw). That reads as short-term risk-off in growth/mega-cap tech.
– Precious metals complex showed strong, coordinated follow-through with expanding late-day volume:
– Gold: GLD surged 497.8→511.7 with strong 18:00–18:30 push; miners and leveraged products followed (GDXJ 150.0→152.25, NUGT 309.1→315, GDXU 513→532.7). RGLD and WPM closed firm near highs.
– Silver: SLV ripped 105.4→108.0; SIVR 111.1→113.0; AGQ (2x silver) 399→417 intraday ramp; GLTR also bid.
– This is a classic “metals strength across the stack” pattern (underlying + miners + leverage), which tends to support 1–3 day momentum continuation if the first pullback holds higher lows.
– Energy mixed-to-constructive: OIH marginally firm; GTE stair-stepped higher intraday and printed higher closes. Copper names were mixed/soft (TMQ dump-and-bounce; TGB steady-to-soft), suggesting strength is more in precious than industrial metals.
– Other sectors largely quiet/illiquid into AH (e.g., AMGN, LIN, CHKP relatively stable; many small caps thinly traded with noisy prints). Telecom ADRs SKM/TEO firmed mildly.

Noticeable near-term patterns
– Metals bid theme with breadth and volume (GLD, SLV, AGQ, SIVR, GLTR, GDXU, GDXJ, NUGT, WPM, RGLD).
– Tech volatility and weakness post-rally (MSFT, META, TSLA) pressured QQQ.
– Select small energy (GTE) showing steady grind higher.

Ticker Performance Prediction (2–3 days)
Most likely to continue higher:
– GLD, SLV, GDXJ, WPM, RGLD, NUGT, GTE
Strongest bullish read-through: GLD, SLV, GDXJ, WPM (clean breakout behavior, closing near highs with volume).

Individual Stock/ETF Analysis (for those likely to go up next 1–3 days)
Note: ATR proxies use today’s session range as a stand-in given limited history. Entries/stops are near obvious 30-min structures and recent daily zones.

1) GLD
– Context/setup: Broad metals momentum; GLD pushed through 500 and closed near session highs on heavy late volume.
– Key support: 505.0 (breakout shelf), 504.7 (18:00 close), 498.1 (prior AH pivot).
– Key resistance: 512.6 (18:30 HOD), 515.0 (psych), 520.0 (psych/extension).
– 30-min outlook (2–3 days): As long as 504–505 holds on a first pullback, look for a flag and push toward 515 then 518–520.
– Targets (1–3 day): 515.0 (near R1), 518.5–520.0 (≈ 0.3–0.5 of today’s ~18-pt range).
– Entry ideas: 505.5–507.5 on a controlled dip/HL reclaim; or momentum add through 512.7 with volume.
– Stop-loss: 503.8 (below shelf); aggressive traders can trail under 505.0 after a push.
finviz dynamic chart for  GLD

2) SLV
– Context/setup: Silver outperformed into the close; breadth across silver ETFs supportive.
– Key support: 107.2 (18:30 low), 106.0 (prior AH pivot), 105.4 (late-day base).
– Key resistance: 108.15 (HOD), 109.0, 110.0 (psych).
– 30-min outlook (2–3 days): Expect a shallow pullback toward 107.2–107.6, then continuation if buyers defend.
– Targets (1–3 day): 108.8, 109.8–110.0 (≈ 0.5 of today’s ~3.7-pt range from AH).
– Entry ideas: 107.3–107.7 on pullback hold; or 108.2 break with volume.
– Stop-loss: 106.0 (below prior pivot).
finviz dynamic chart for  SLV

3) GDXJ
– Context/setup: Junior miners confirmed precious metals strength; closed near highs.
– Key support: 151.0, 150.75, 150.0.
– Key resistance: 152.25 (HOD/close), 153.5–154.0, 155.5.
– 30-min outlook (2–3 days): Look for a tight flag above 150.7–151.0; breakout over 152.3 can extend.
– Targets (1–3 day): 153.8–154.0, stretch 155.0–155.5 (≈ 0.5–1.0x today’s ~2.5 range).
– Entry ideas: 151.0–151.3 on dip-and-hold; or through 152.3 with expanding volume.
– Stop-loss: 149.9–150.2 (below round-number shelf).
finviz dynamic chart for  GDXJ

4) WPM
– Context/setup: Strong close near highs; silver/gold beta with quality factor.
– Key support: 157.0–157.1, 156.35, 155.6.
– Key resistance: 160.0 (psych), 161.5, 163.0.
– 30-min outlook (2–3 days): Hold 157–158 on a pullback and push through 160 triggers continuation.
– Targets (1–3 day): 161.5, 163.0 (≈ 0.5 of today’s ~4.2 range).
– Entry ideas: 157.9–158.3 on dip hold; or 160.1 breakout with volume.
– Stop-loss: 156.6 (beneath 30-min base).
finviz dynamic chart for  WPM

5) RGLD
– Context/setup: Royalty name riding the metals theme; sturdy close.
– Key support: 302.05, 301.21, 300.43 (intraday base).
– Key resistance: 305.75 (HOD), 308.0, 310.0.
– 30-min outlook (2–3 days): Favor upside as long as 300–302 holds; look for higher-low and push through 305.8.
– Targets (1–3 day): 307.5–308.0, 310.0 (≈ 0.5–1.0 of today’s ~5.3 range).
– Entry ideas: 302.5–303.2 on dip-and-hold; or 305.9 breakout with volume.
– Stop-loss: 299.8 (below big figure and base).
finviz dynamic chart for  RGLD

6) NUGT (leveraged gold miners)
– Context/setup: Levered beta to a strong sector; closed on highs.
– Key support: 312.4, 310.0, 309.1.
– Key resistance: 315.0 (close), 318.5, 320.0.
– 30-min outlook (2–3 days): Expect a quick dip buy attempt toward 311–312; sustained bid can squeeze to 318–320.
– Targets (1–3 day): 318.5, 322.0 (≈ 0.5 of today’s ~7 range).
– Entry ideas: 311–313 on pullback hold; or through 315.2 on volume.
– Stop-loss: 307.5 (beneath prior pivot).
finviz dynamic chart for  NUGT

7) GTE
– Context/setup: Steady intraday uptrend with higher highs; energy tape neutral-to-firm.
– Key support: 5.565, 5.51–5.52, 5.47.
– Key resistance: 5.71, 5.725 (intraday high), 5.80 (psych).
– 30-min outlook (2–3 days): If 5.56–5.60 holds on dips, look for continuation to re-test 5.71/5.725 and possibly 5.80.
– Targets (1–3 day): 5.72, 5.80 (≈ 0.5–1.0 of today’s ~0.25 range).
– Entry ideas: 5.57–5.60 on a pullback and curl; add through 5.71 if volume expands.
– Stop-loss: 5.46 (below intraday base).
finviz dynamic chart for  GTE

Additional notes
– Tech (MSFT, META, TSLA; QQQ) exhibited distribution into AH; I’m avoiding fresh long momentum setups there until 30-min trends re-base and reclaim VWAP/highs with breadth confirmation.
– Copper/industrial metals mixed (TMQ fade, TGB soft) argues for focusing on the precious complex rather than broad materials.
– Many micro-cap prints are thin/noisy; stick to liquid names for 1–3 day momentum unless you have a catalyst/edge.

Risk management
– These are short-term momentum swings; if the first pullback fails (losing the first support levels on rising volume), step aside quickly.
– Size down on leveraged ETFs (e.g., NUGT) due to amplified gap/volatility risk.

Share: