$QQQ top of the channel in a hurry! now possible consolidation/retrace the big move.
$COMPQ $SPY $DIA $XLK $AAPL $NVDA $TSLA $MSFT $AMZN $GOOGL $NFLX $META
$QQQ A test of 50SMA and a pretty healthy bounce printing a doji. Tomorrow, we need a solid green candle that closes above averages to indicate continuation of the bounce. That would be a start to fix this chart which is showing technical problems.
$VST may be this is the bottom here. Still needs to flag around or above 21EMA. Other utils also showing good signs.
$CEG $GEV $XLU $QQQ $DIA $SPY $RSP $TLT
$SPY Decent close to the week & month. Inside candle. Needs to continue the bounce to make new ath.
$SPY $SMH $XLK $NVDA $AAPL $TSLA $MSFT $AMZN $GOOGL $NFLX $AVGO
$SPY weekly RSI divergence between Feb & August high, but no divergence between June & August high; also the downtrend on RSI is broken. Candle is a spinning top but momentum is strong & price nowhere close to upper Bollinger band. 5/10/21EMA retest/break will provide clue.
$SPY Doesnt look like a bottoming candle. Big week coming up with Fed meeting & big earnings release.
$SPY $SMH $XLK $NVDA $AAPL $TSLA $MSFT $AMZN $GOOGL $NFLX $AVGO
$AAPL bearish divergence played as expected. Now $270 - $280 is first band of support. Hold there & a mini rally could take it back as high as $315-$320 when new iPhone announced Sept.
$XLK $DIA $TSLA $NVDA $TSLA $MSFT $MSFT $GOOGL $META $NFLX $AVGO
$ADBE just may be the worst is finally over. Need some follow through buying in coming months to hold the lows.
$QQQ $SPY $IGV $DIA $TLT $MSFT $FIG $AAPL
$ADBE Could take a while for new all time highs. The earnings will grow into current price & one day investors will start to discount future growth aggressively for an eventual breakout.
$QQQ $SPY $IGV $DIA $TLT
$ADBE the long term trajectory has shifted. If it doesn't hold ~ 200MonthSMA,in near future,it may cease to exist as independent entity (buyout, takeover). Alternately, it adopts AI well & breaks neckline in due time for its next leg up.
$QQQ $SPY $IGV $DIA $TLT $MSFT $FIG $AAPL