0:00 — Introduction & Content Overview
A brief roadmap of today's deep dive into the S&P 500, QQQ, Bitcoin, and the "Magnificent 7" stocks.
0:21 — Sector Data: The Power of Rotation
Explanation of why the market avoids a 3–5% "fear drop" as long as money rotates. Even with financials and healthcare in the red, the market stays buoyed because XLK (Tech) remains the primary leader.
2:26 — AAII Sentiment: The "Wrong Side of the Boat"
Analysis of the current sentiment where 39% of participants are still bears or neutral despite the massive move. This suggests the rally has further "fuel" as bears are forced to cover or shift to neutral.
4:07 — Fear & Greed Index
The index is approaching 75 (Extreme Greed). While not a definitive top, it indicates we are entering a zone where confluence of signals (dark pools and charts) becomes critical.
4:43 — Dark Pool Activity (INTC, AMD, MU)
Details on heavy dark pool prints for Intel (around 108 and 113) and other semiconductors. Currently, price action remains above these levels, signaling short-term accumulation.
5:59 — Economic Calendar: CPI and PPI
A look at next week's inflation data. With oil prices rising, the forecast of 3.8% will be a major test for the market's current valuation.
Major Indices & Bitcoin
6:29 — SPY: Fibonacci Support Levels
ES1!
The S&P 500 is in "no resistance" territory. A healthy pullback to the 0.382 Fib level (around 712) would be a constructive bull flag, not a sign of a crash.
9:25 — QQQ: RSI Overbought Conditions
NQ1! NDX
The Nasdaq is showing extreme strength but carries a daily RSI of 83–85. While overbought can stay overbought, an 8% retracement to the 651 level would still keep the long-term monthly bull flag intact.
11:14 — Bitcoin (
BTC ): Breaking the Resistance
Bitcoin has finally cleared its multi-month rejection zone by forming higher lows. Now back-testing 82,000 as support, with a clear path toward the 84,000–85,000 zone.
The Magnificent 7
12:24 — Tesla (TSLA): Support Flip & Uptrend
Tesla has successfully flipped prior resistance into support. After breaking its downtrend with high volume, it is now targeting the 430 resistance level.
13:54 — Meta (META): Relative Weakness
Meta remains stuck in its earnings gap. Unlike the rest of the market, it hasn't filled the gap, suggesting it may trade sideways until rotation leaves the semiconductors and enters software.
15:12 — Amazon (AMZN): Historical Consolidation Patterns
Amazon is holding its earnings low. Typically, this stock moves in "stair-steps," meaning a period of sideways chop between 250 and 256 is expected before the next breakout.
16:05 — Microsoft (MSFT): Waiting for the Software Bid
Microsoft has been "flat" lately. As the IGV (Software Sector) starts to catch a bid, watch for a breakout above 432 to help hold up the Nasdaq.
16:54 — Google (GOOGL): The Strongest Chart
Google remains the leader of the pack with a confirmed monthly bull flag. Major support is now at 385 (prior resistance), with virtually no overhead resistance left.
17:49 — Apple (AAPL): Tightening Range Breakout
After eight months of tightening, Apple used earnings as a catalyst to break bullish. It is now eyeing the 300 psychological mark as its next major target.
18:52 — Nvidia (NVDA): Earnings Anticipation
Nvidia is holding prior resistance as support but is largely trading in a channel while waiting for its latest earnings report. The direction of the next leg (toward 250 or back to 180) will likely be decided by that catalyst.
A brief roadmap of today's deep dive into the S&P 500, QQQ, Bitcoin, and the "Magnificent 7" stocks.
0:21 — Sector Data: The Power of Rotation
Explanation of why the market avoids a 3–5% "fear drop" as long as money rotates. Even with financials and healthcare in the red, the market stays buoyed because XLK (Tech) remains the primary leader.
2:26 — AAII Sentiment: The "Wrong Side of the Boat"
Analysis of the current sentiment where 39% of participants are still bears or neutral despite the massive move. This suggests the rally has further "fuel" as bears are forced to cover or shift to neutral.
4:07 — Fear & Greed Index
The index is approaching 75 (Extreme Greed). While not a definitive top, it indicates we are entering a zone where confluence of signals (dark pools and charts) becomes critical.
4:43 — Dark Pool Activity (INTC, AMD, MU)
Details on heavy dark pool prints for Intel (around 108 and 113) and other semiconductors. Currently, price action remains above these levels, signaling short-term accumulation.
5:59 — Economic Calendar: CPI and PPI
A look at next week's inflation data. With oil prices rising, the forecast of 3.8% will be a major test for the market's current valuation.
Major Indices & Bitcoin
6:29 — SPY: Fibonacci Support Levels
ES1!The S&P 500 is in "no resistance" territory. A healthy pullback to the 0.382 Fib level (around 712) would be a constructive bull flag, not a sign of a crash.
9:25 — QQQ: RSI Overbought Conditions
NQ1! NDXThe Nasdaq is showing extreme strength but carries a daily RSI of 83–85. While overbought can stay overbought, an 8% retracement to the 651 level would still keep the long-term monthly bull flag intact.
11:14 — Bitcoin (
BTC ): Breaking the ResistanceBitcoin has finally cleared its multi-month rejection zone by forming higher lows. Now back-testing 82,000 as support, with a clear path toward the 84,000–85,000 zone.
The Magnificent 7
12:24 — Tesla (TSLA): Support Flip & Uptrend
Tesla has successfully flipped prior resistance into support. After breaking its downtrend with high volume, it is now targeting the 430 resistance level.
13:54 — Meta (META): Relative Weakness
Meta remains stuck in its earnings gap. Unlike the rest of the market, it hasn't filled the gap, suggesting it may trade sideways until rotation leaves the semiconductors and enters software.
15:12 — Amazon (AMZN): Historical Consolidation Patterns
Amazon is holding its earnings low. Typically, this stock moves in "stair-steps," meaning a period of sideways chop between 250 and 256 is expected before the next breakout.
16:05 — Microsoft (MSFT): Waiting for the Software Bid
Microsoft has been "flat" lately. As the IGV (Software Sector) starts to catch a bid, watch for a breakout above 432 to help hold up the Nasdaq.
16:54 — Google (GOOGL): The Strongest Chart
Google remains the leader of the pack with a confirmed monthly bull flag. Major support is now at 385 (prior resistance), with virtually no overhead resistance left.
17:49 — Apple (AAPL): Tightening Range Breakout
After eight months of tightening, Apple used earnings as a catalyst to break bullish. It is now eyeing the 300 psychological mark as its next major target.
18:52 — Nvidia (NVDA): Earnings Anticipation
Nvidia is holding prior resistance as support but is largely trading in a channel while waiting for its latest earnings report. The direction of the next leg (toward 250 or back to 180) will likely be decided by that catalyst.
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.