lots of mega cap tech stocks & QQQ shaping up their Daily time frame lower highs pivots if we break Thursdays low many of them will form their first daily downtrend in a long time .
Market about to enter a new Bull Cycle. See my chart. We are bouncing off the wave that I have displayed. I circled all market bottoms in the past years since 2010.
Key News: USA - Average Hourly Earnings (MoM) (Jun) USA - Nonfarm Payrolls (Jun) USA - Unemployment Rate (Jun) During Thursday's trading session, the Dow Jones Industrial Average recorded a decline as robust job market data sparked expectations of further interest rate hikes by the Federal Reserve. This development subsequently led to a surge in Treasury...
- QQQ did not set a new high after this move which is the first time in a while so theres a chance for bears to set a daily lower low but they need to show up fast or we are likely heading back to 52 week highs - Team Clear Bull: TSLA AAPL MSFT - Team Middle META AMZN - Team indecision: NVDA GOOGL - no Team Bear until i see some notable downtrends confirming on...
- QQQ did not set a new high after this move which is the first time in a while so theres a chance for bears to set a daily lower low but they need to show up fast or we are likely heading back to 52 week highs - Team Clear Bull: TSLA AAPL MSFT - Team Middle META AMZN - Team indecision: NVDA GOOGL - no Team Bear until i see some notable downtrends confirming on...
- QQQ did not set a new high after this move which is the first time in a while so theres a chance for bears to set a daily lower low but they need to show up fast or we are likely heading back to 52 week highs - Team Clear Bull: TSLA AAPL MSFT - Team Middle META AMZN - Team indecision: NVDA GOOGL - no Team Bear until i see some notable downtrends confirming on...
Microsoft / MSFT turned sideways inside the 4 month Channel Up after it hit the 350 Resistance (and All Time High) and got rejected. The price is now approaching the bottom of the Channel Up and the 1day MA50. The 1day MA50 has been supporting since January 26th. As long as it holds, buy and target 360. If the price closes a 1day candle under it, sell and...
Key News: USA - ADP Nonfarm Employment Change (Jun) USA - Initial Jobless Claims USA - Services PMI (Jun) USA - ISM Non-Manufacturing PMI (Jun) USA - JOLTs Job Openings (May) USA - Crude Oil Inventories During Wednesday's trading session, the Dow Jones Industrial Average concluded the day with a decline, driven by the release of the Federal Reserve's meeting...
GOOGL back to team bull. Every mega tech is back to team bull expect NVDA formed an hourly downtrend and AMZN still chopping around
GOOGL back to team bull. Every mega tech is back to team bull expect NVDA formed an hourly downtrend and AMZN still chopping around
- Tesla stock 1 trillion mark $315 - NVDA AAPL MSFT TSLA stock team bull - AMZN META team middle / bull - GOOGL team bear
- Tesla stock 1 trillion mark $315 - NVDA AAPL MSFT TSLA stock team bull - AMZN META team middle / bull - GOOGL team bear
- TSLA 1 trillion mark 315 i took the wrong market cap it was 829 instead of 892. Its 20% away from the current price at 315 resistance - NVDA TSLA AAPL MSFT team bull - AMZN META team middle / bull - GOOGL team bear
If you wanna take a trade on Microsoft, maybe before that, you need to conisder this KeyLevels of support and resistance areas. Careful with longs until the 4h uptrend was broken.
- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN...
- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN...
- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN...
The bears enjoyed their cycle to the maximum, peak fear is behind us. Observe your favorite pundits to determine if they have shifted their perception yet. Many have not, Many remain Bearish and are greedily awaiting one more Deep Indiscriminate Sell Off.... they will likely wait forever. The first rule of any technology used in a business is that...