$SPX + KEY STOCK SETUPS FOR MONDAY 🐯

SmartReversals
10-26 15:40

The market is giving mixed signals, and Monday’s best opportunities may come down to how price reacts at key technical levels.

Here’s what I’m watching across $SPX, $AAPL, $AVGO, $SPOT, $NOW, $CRWD and $IREN. 👇

🔹 $S&P 500(.SPX)$
Friday’s price action was indecisive, but the index is not oversold.

📉 Bearish below 7,632
🎯 Targets: 7,603 → 7,583
🚧 Hard resistance: 7,647.2, then 7,651.9

📩 I send modeled levels for the next session by email every day. Join the list via the link in bio.

🍎 $Apple(AAPL)$
Indecisive price action near the upper Bollinger Band has historically led to a pullback toward at least the 20DMA. This time may be no different, with 338 in sight.

⚡ $Broadcom(AVGO)$
Bullish RSI divergence in oversold territory favors a potential bounce.

🎯 Target: 333 — the gap above offers a potential +3.7% scalp.
📉 If price fills the gap at 315 first, the setup could improve to +5.7%.

🎧 $Spotify Technology S.A.(SPOT)$
Overbought RSI, an upper Bollinger Band breach, and indecisive price action point to a potential healthy pullback.

⚠️ The gap at 531 could challenge the short-term uptrend. The longer-term structure remains intact as long as 516 holds.

☁️ $ServiceNow(NOW)$
Recent upper Bollinger Band breaches have been followed by moves toward the 20DMA. Price has been riding the upper band lately.

📉 If the pattern repeats, the 141 area could come into view.

🛡️ $CrowdStrike Holdings, Inc.(CRWD)$
Bullish Stochastic crossovers have previously triggered rallies into overbought territory. Today, the chart remains far from overbought, and the bounce started directly off the lower Bollinger Band.

🎯 If the pattern repeats, the 275–280 zone is in sight.

⛏️ $IREN Ltd(IREN)$
A bullish divergence may be developing again.

⚠️ That doesn’t confirm a bottom. It points to the possibility of a technical bounce before price makes a lower low while RSI forms a higher low.

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