$SPY Faces a Rough September, $AMAT, $CRWV and $CIFR Enter Critical Zones

PeterDiCarlo
09-02 11:26

September is starting with some pressure across the market, but I’m not looking at this pullback as a reason to panic.

Instead, I’m watching for key support levels, discount zones and potential re-entry opportunities.

A few names are getting particularly interesting. 👀

🚨 $Applied Materials(AMAT)$ Is Testing Smart Money Support Again

$AMAT is back at the Smart Money Zone.

This level matters.

If the current bull cycle is going to continue, we need to see buyers step in here and defend the zone. 📈

A strong bounce could keep the broader bullish structure intact.

For now, this is a level to watch closely rather than chase.

🔄 $CoreWeave, Inc.(CRWV)$ Is Back on the Radar

Walking away from $CRWV turned out to be the right decision at the right time.

The stock is now down roughly 30% from its high, giving back all of the gains that followed earnings. 📉

But that selloff is also bringing the stock back toward a discount zone.

That changes the setup.

If the pullback continues over the next few weeks, I’ll be watching for a potential re-entry. 🎯

Sometimes the best opportunity comes after you’ve already taken profits and waited for the market to come back to you.

🔻 Welcome to September, $SPDR S&P 500 ETF Trust(SPY)$

September is here, and volatility is already back on the table.

But I’m not expecting a major breakdown at this point.

My base case is that downside could be limited to roughly another 1.5% in the worst case before buyers step back in and push $SPY toward new all-time highs. 📈

Of course, the market doesn’t owe us that outcome.

September is historically a rougher month, so the key is to stay disciplined when volatility picks up.

📉 Red days are part of the process.
📈 Strong rallies can come quickly.
🧠 The important thing is not to let either one dictate your decisions.

And honestly, some days the best move is to step away from the charts and touch some grass. 🌱😂

🚨 $Cipher Mining Inc.(CIFR)$ Smart Money Alert

Now $CIFR is getting my attention.

The stock is trading near one of the deepest discount areas and strongest support zones I’m watching right now.

That puts it firmly on the radar. 👀

There’s also an interesting historical comparison.

The last time $Enphase Energy(ENPH)$ formed a similar setup, the stock went on to rally 100% within a few months. 🚀

That doesn’t mean $CIFR will repeat the same move.

But the current structure could be developing into another A+ setup, and that’s exactly the kind of situation I want to monitor before making a move.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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