- NVDA inside bar, zero red flag for bulls at the moment still within 0.382 retracement - SPY testing Fridays High - QQQ rising wedge bull break getting more fuel from SMH sector - need to see SMH pull back to see some QQQ consolidation on daily time frame
- not a lot of price action up here for NVDA but size of retracement is key, within 0.382 still potential bullflag. - QQQ testing top of rising wedge again helped by SMH being up 8.5% - SPY back-test of the rising wedge support now acting as resistance its still QQQ SMH team bull and SPY & DOW & IWM team bear, still the question who will join who?
- NVDA help QQQ retrace pretty much 70% of its drop putting bears into square one - QQQ daily lower high probability is not as likely now due to QQQ retracing over 50% of the drop already - SPYs chart is still very weak retraced only close to 0.382 fib line this afterhours - XLV and XLF holding SPY back, XLK QQQ SMH still lead bull who will join who?
- Yesterday i talked about when QQQ consolidates on the Daily we want to see money rotate into the SPY sectors in XLF XLV XLE or any other sectors - What we got was SPYs sectors joined team bear when QQQ is daily consolidating so its the first convincing bear day for me - note its only one day and QQQ chart is still very healthy, just a daily consolidation but...
- SPY double bottom with Fridays low bouncing off key support - QQQ bears play defense on double top high of today - potential rising wedge resistance on QQQ - NVDA ER Wednesday AH
- Most tech stocks are still in a healthy daily uptrend but most are testing its support area. - the size of the pull back will be key for me to determine if we have more fuel for these stocks on the upside - larger pullback size will allow bears to make moves on the next bounce
- Natural Gas First Daily uptrend in a while, still continuing - potential Weekly bull flag if we don't retrace over 0.382 - Next key resistance at 2.65 zone
- SPY back tested prior resistance and so far held it triple bottom today on 5m time frame around 417 range - Key question is which way do we break on Monday if we break bear we can potentially go back into our 1.5 month long chop zone. - Can SPY hold this support zone if QQQ consolidates/slight pullback next week? - first day we see SMH a slow down a bit...
- SPY beautiful breakout follow through - QQQ hourly bull flag confirmed and moved into end of day - QQQ - size of its next pullback will be key for me during its next consolidation as of now every trend is in favor of the bulls, but we a slightly extended so potentially looking for a slight pull back.
- SPY trading double top at FOMC reaction highs from April - QQQ Clear breakout but AAPL didn't participate that much - Money rotating from AAPL into GOOGL and AMZN - NASDAQ rising wedge still in play, but QQQ broke out of the rising wedge - SOXX semi sector at potential H&S resistance, if it breaks out will give QQQ more fuel for upside. - NVDA new 52 week...
- QQQ broke out of my rising wedge came back into it. - SPY inside bar , 4h EQ should break tomorrow - Walmart ER tomorrow PM - extreme bad breath in the market everything red expect few names
- SPY 1h &4h Equilibrium likely breaking in the next 2 days - QQQ rising wedge getting really close to end of its pattern, continues to trade its the upper resistance of the rising wedge - Retail Earnings Week - Core retail sales data tomorrow 8:30am EST
Part 2 of the NVDA AAPL MSFT AMZN GOOGL TSLA support and resistance guide was only able to fil 20mins for prior video part 1 click the prior video link is below this video
Part 1 of Support and Resistance guide for NVDA TSLA GOOGL MSFT AMZN AAPL - a lot of the big techs are in the sell zone - the size of the pull back during our consolidation this time will tell us if we get another move up or not.
- AMEX:UNG AMEX:BOIL PEPPERSTONE:NATGAS Natural Gas clear falling Wedge - Daily uptrend confirmed without much follow through at the moment - bulls would like us to hold prior pivot lows and bonce off next week
- QQQ Rising wedge pattern about to break soon - QQQ bulls still in full control on daily chart daily uptrend intact - QQQ needs to break May 9th pivot low for us to go from up trend to neutral trend - Does XLF XLE sector join team bull when QQQ pulls back or they all pull back together? - Size of the QQQ pull back will be most key for me next week if QQQ can...
- NASDAQ:QQQ SKILLING:NASDAQ rising wedge continues to be in play - NASDAQ:NVDA rising wedge looking to break soon - AMEX:SPY still relatively weak - volumes still low - over 180 stocks hit 52 week low today while market was green breath is bad
- NASDAQ:QQQ rising wedge pattern hitting resistance top this morning, - NASDAQ:GOOGL 's AI event helped market bounced off todays intra-day low - GOOGL talked about NVDA a little in its event making NVDA pop a little bit - NASDAQ:NVDA also close to its top of the rising wedge - CPI came in 4.9% estimate was 5% so came in slightly cooler - PPI and jobs...