2 weeks of constant rally. When I told the guys we were about to get an aggressive rally on 27th October, it wasnt an understatement.
We indeed had a huge move up without any pullbacks.
We started with a full week of consolidation, only to cap it off with a massive Friday rally that had everyone talking.
Now, if you've been keeping an eye on those charts, you might be thinking, 'Whoa, things are looking a bit overbought!' And you're not wrong!
We've been on this incredible rally for two straight weeks, and the question on everyone's mind is, can lightning strike thrice?
Are we in for a jaw-dropping third week of gains, or is the market about to tap the brakes? Now, buckle up because OpEx is just around the corner, and
it's like the plot twist in a blockbuster movie – you never quite know what's coming!
As always, trade safe and invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!
www.youtube.com/c/investing101channel
Video Link:
https://youtu.be/3nP3qZzzt2I?t=644&si=dvXRUu6mXoceRe-I
$Cboe Volatility Index(VIX)$ $NASDAQ 100(NDX)$ $Invesco QQQ Trust-ETF(QQQ)$ $Advanced Micro Devices(AMD)$ $NVIDIA Corp(NVDA)$ $Apple(AAPL)$ $Tesla Motors(TSLA)$ $Alphabet(GOOG)$ $Meta Platforms, Inc.(META)$ $Amazon.com(AMZN)$ $Microsoft(MSFT)$ $Netflix(NFLX)$ $Alibaba(BABA)$ $NIO Inc.(NIO)$
Comments