$NVDA - Bullish MACD was invalidated

SmartReversals
12-15

$NVIDIA(NVDA)$ : A Bearish Crossover Between 20 and 50DMA is imminent, and the bullish MACD was invalidated.

The latest candle is entirely below the 50DMA aiming at $129, unless the 4H chart is encrypting a bullish reversal. More details in the latest Weekly Compass.

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $Advanced Micro Devices(AMD)$ $VanEck Semiconductor ETF(SMH)$

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April and July( $NASDAQ 100(NDX)$ ) were supposed to be bullish based on stats, September was supposed to be dramatic… they’re saying December is bullish… well at least I’ve read the stats- oriented people that Q4 is the bullish season, like covering themselves just in (one more) case…

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Comments

  • Binboudoraemon
    12-16
    Binboudoraemon

    Great article, would you like to share it?

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