APPL used to lead the market but in the Ai bubble leading Tech and SPY,
NVDA has clearly taken over that role.
Follow it for the general direction of a choppy market condition.
The Descending triangle, if it breaks could signal disaster for the broader market.
It has had nothing but good news, so if Nvidia does not hold a bid here, it's because
of macro conditions.
$180 is a very strong S/R line, it is also very near the POC.
NVDA has clearly taken over that role.
Follow it for the general direction of a choppy market condition.
The Descending triangle, if it breaks could signal disaster for the broader market.
It has had nothing but good news, so if Nvidia does not hold a bid here, it's because
of macro conditions.
$180 is a very strong S/R line, it is also very near the POC.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.