HarryCox
2023-03-21

$NVIDIA Corp(NVDA)$ 3 components to BEARISH technical setup:

1) Sell signal received at completion of S13 DeMark
2) Stupid Willy topping and already at +1.5 std dev from 2-yr avg time In OB status
3) Last 2 candles have confirmed completion of 0.5 fib fan retracement as the top of 6-mo range (since Oct '22 lows) is hit. Daily candles have failed to close above either 0.5 fib fan or 6-mo range - confirming expectations for a reversal.

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