The week ending April 24 delivered a technically rich but internally divided market. $Dow Jones(.DJI)$ and $S&P 500(.SPX)$ consolidated as anticipated in the previous Weekly Compass, with the SPX filling its gap at $7,051.2 as likely considered. Tech $NASDAQ 100(NDX)$ surged +2.4% for the week, and the semiconductor sector printed a +9.1% breakout reaching unprecedented overbought conditions that we will study today. The Three Green Soldiers pattern on the SPX and NDX weekly chart mentioned last week is in bullish play, and Bitcoin continues moving north since it was anticipated three weeks ago. The cryptocurrency has gained +13.7% since, and Ethereum +9.9%. B

Every industrial revolution has its toll booths. In the railroad era the toll booths were the trunk lines. In the internet era they were the operating systems. In the era now unfolding, the toll booths are the enterprise software platforms that sit between raw AI capability and the workflows that actually run the modern economy. These are the companies that own the data, the user identities, the audit trails, the sales pipelines, the creative pipelines, the security telemetry, and the service tickets. They are the rails that intelligence has to ride on if it wants to do useful work inside a public company, a federal agency, or a global bank. During the last months, the software stocks have been impacted in a significant way, but today they’re signaling reversals, the question is: Is that s

Price action is becoming more nuanced, with the S&P 500 flashing short-term caution signals while the Nasdaq 100 strengthens on a higher timeframe basis. This divergence sets up a key moment for traders to watch both support levels and momentum confirmation. 1. $S&P 500(.SPX)$ The gap was filled with a bearish engulfing candle as the RSI fell from overbought levels (70). A tactical pullback/consolidation usually follows. Given the afternoon's indecisive price action, keep a close eye on $7,021; if lost tomorrow, the decline could deepen. 2. $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ Over the last 10 years, bullish Stochastic crossovers on the weekly chart have ma

$S&P 500(.SPX)$ During the last 2 years, RSI 70+ triggered pullbacks 8/10 times. The other 2 instances saw flat consolidations. 80% chances for a healthy pullback? Pullbacks post-2025 rally were mild. $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Dow Jones(.DJI)$ $iShares Russell 2000 ETF(IWM)$ And rapid 10% rallies in 10 days historically show strong follow-through. Data indicates a +0.6% average move 1 week later, +2.5% at 1 month, and +17% after a year. Even in exceptions like 2000, the trend holds for the first 3 months before pathways diverge.

Last Saturday, the Weekly Compass indicated that risk/reward still favored the bulls, but a specific “must-conquer” level was required for continuation. Today, that level was reclaimed with conviction. The $S&P 500(.SPX)$ showed resilience this morning. I shared the key levels in the premium chat before the market opened, featuring the $E-mini S&P 500 - main 2606(ESmain)$ chart holding the 50-DMA. SPX: $6,823 was the essential daily level separating bullish and bearish conditions. After a bounce at the $6,786 support zone at 9:45 AM, a daily bottom emerged, by 9:50 AM, $6,801 was reclaimed, and by 12:20 PM, the SPX formally turned green, launching toward our high daily target of 6,876. Price l

In last Saturday’s Weekly Compass, I noted that our high-probability setups were contingent on the $S&P 500(.SPX)$ conquering $6,816. The market offered a gift with Monday’s negative opening; once that key level was reclaimed during market hours, more precisely at 10:40 AM, the panic cleared. Both long-term investors and traders watched as the SPX crossed that line slowly, with no rush, giving a gentle opportunity to take action. Once in bullish territory, the high-probability setups were triggered. $NVIDIA(NVDA)$ $Netflix(NFLX)$ $Meta Platforms, Inc.(META)$ $Invesco QQQ(QQQ)$