$PLTR was one of my high-probability setups shared in the Weekly Compass (link in bio): A bullish reversal triggered upon recovering $116, targeting 125.7🎯(+11.3% vs. Friday). It has to conquer the 20DMA to consider bullish continuation. price action looks constructive. $QQQ
$SPX: The high volume across the Magnificent Seven on Friday opened the door for today's bounce. To invalidate the recent pattern of early-week rallies that fade by Tuesday or Wednesday, price action must hold the current zone, otherwise the bearish diagonal will be revalidated.
$AAPL: Friday's gigantic volume signals validation for the reversal following the Bollinger breach.
A gap fill attempt could be coming as part of the downtrend marked by the 20DMA moving down.
$GOOG: Bearish weekly MACD crossovers have preceded significant declines. If you are new to trading, learn how to read price action before buying into the "lagging indicator" crap. Analyze the charts and build your own criteria.
Slow oscillators = Stronger validation.
$NVDA: The oscillator is attempting an bullish crossover in oversold zone. The last two instances brought tactical bounces, and the one prior a 20% rally.
Gaps exist both ways; bulls need 189 cleared for good. Will NVDA come to the rescue if $AMD and $MU keep consolidating?
$QQQ is sitting right on the edge. It found support at the 50DMA, while the 20DMA is curling down. If that 50DMA fails, the lack of volume at price could trigger a rapid trapdoor move straight toward the 682 gap.
150 likes 30 reposts for daily levels here next week
Every week, I publish high-probability setups. For the week now concluding, $MSFT reached $356.3 (-6.1%) 🎯. The $SPX hit 7,318.4 (-2.4%) 🎯. $SMH comfortably exceeded my target of $629.3 beyond a 4.6% pullback 🎯, and $AMD reached $510.3 -5% 🎯. My approach relies on exact weekly price targets, link in bio!
$SPX: As posted last night in my daily note (subscribe, link in bio): 7,412 was a resistance zone to consider; the $MU euphoria could find rejection there.
The top of the day was $7,419🎯 and the structure is still weak.
Levels for tomorrow will be emailed today at 6PM.
Witness the slow and strange death of Europe.
Entirely preventable.
Entirely self inflicted.
Entirely against the wishes of native European populations, who were never asked.
$SPX: As mentioned yesterday, the loss of the 20DMA validated the series of lower highs observed during the last days and the bearish Stochastic crossover. All the Mag 7 have bearish formations and semiconductors are consolidating. The bearish move doesn't seem complete.
$SPX: Friday's price action was indecisive, the series of lower highs is marking the fifth consecutive day. The bearish Stochastic crossover is gaining traction, and losing the 20 DMA signals underlying weakness.
The setup suggests caution for bulls. $VIX
$SMH: Semiconductors is the most crowded trade, and individual names as $AMD and $MU are showing signs of consolidation with significant intra-week swings.
Capital rotates, it's not surprising to see the Mag7 struggling.
Risk management is vital with semis at this point.
The Weekly Compass is Out, get access now.
80% success rate last week, get the updated analysis with the indicators to watch next week. There are cracks under this semis rally. $SPX $AAPL $MSFT $VIX $QQQ $GOOG $JPM $DIA $BTC and more in the weekly timeframe with price levels 🎯.
$NVDA: The bounce from the lower Bollinger band has reached the 20DMA, a crucial line that validates or invalidates the move for bulls and bears as highlighted.
During the 4 days of the trading week the average acted as resistance. Constructive on Monday above 209.5 only.
$SPX is at all-time highs while the Fear and Greed Index shows fear. Should you use this index to time the market? No. Is the divergence worth considering as a risk warning? Absolutely, recent ATH at fear levels preceded pullbacks, caution is key. 150 likes for key Monday levels.
90% accuracy this week 🔥. This publication breaks down fresh, real-time case studies showing how to use indicators and key levels to lock in gains. Setups for $META, $AMZN, $GOOG, $GLD, $JPM, $LLY, and $WMT have been spot on. Clear price targets 🎯, zero jargon. $SPX levels.
$SPX: Geopolitical headlines fueled the rally, no need to fight the trend. We're in bullish mode since Thursday, staying cautious. Price is far from overbought, so continuation is likely.
➡️Watch the 7,456 gap; it will likely fill as we've seen gaps fill at this stage of the run.
$AMD: Bullish Stochastic crossover. The price could move between $524.2 and $536.8 today.
If the upper level is breached, $543.1 is the next target.
The gap at $490.4 that opened on Friday is likely to be filled in the coming days.
Small caps printed a shooting star, usually a top signal ⚠️.
$IWM is permanently analyzed 3X per week including weekly setup and S/R levels. The Weekly Compass is out with the complete analysis. Link in bio.
100 likes and 30 reposts for daily levels this week for this one.