To The Moon

1. $NVIDIA Corp(NVDA)$ How strong can be any pullback in $S&P 500(.SPX)$ if NVDA takes a breather?This is a good question, NVDA represents between 6% to 7% of the index, that could help as a reference.More important is the amplification to other tech stocks.Price will tell if that happens.2. $iShares Russell 2000 ETF(IWM)$ My next chart will be about IWM.Interesting fundamental reference here.42% of Russell 2000 companies are unprofitable.Image3. $S&P 500(.SPX)$ Last weekend, I discussed the importance of the 161% Fibonacci Extension and how price action respected that zone in both 2021 (extending from the 2020 cr

$Alphabet(GOOG)$ $Alphabet(GOOGL)$ The relevance of this formation was posted in March.The formation suggested $205, I presented $181 as a more realistic destination short term.Three weeks ago, $179.95 was the top, $1 below the resistance mentioned since March🎯.The key annual resistance levels (and support ones in the case of $Tesla Motors(TSLA)$ ), have been presented during every weekend for every index, stock and security analyzed in the Weekly Compass.The securities analyzed include: $Meta Platforms, Inc.(META)$ $Microsoft(MSFT)$ $Amaz

Small Caps McClellan Oscillator & $iShares Russell 2000 ETF(IWM)$ The recent bounce in the McClellan oscillator for Small Caps didn't make it above the neutral zone, that shows weakness as highlighted from previous occurrences.Here's why the zero level matters:1) It acts as a baseline for the oscillator's movement.2) Observing how the oscillator behaves around zero can provide clues about the strength of the current trend and the potential for trend changes.3) It can also help identify divergences between the oscillator and the price movement of an index, which can be a significant signal for potential trend reversals.Regarding IWM's Price Action:The days of higher highs and higher lows seem like a thing of the past. The 50-day moving average h

The week kicks off with the following daily charts for the main ETFs. Which one would you buy?Charts posted on X during the weekend:👉Daily: $S&P 500(.SPX)$ $DJIA(.DJI)$ $NASDAQ 100(NDX)$ $iShares Russell 2000 ETF(IWM)$,BTC👉Weekly: $S&P 500(.SPX)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ 👉Analysis with educational content: McClellan Oscillator for SP500 and for SmallCapsCheck them out!If you'd like more frequent McClellan Oscillator updates for each index, repost this note, so I add NYSE, NDX a

This technical analysis tool measures market breadth by focusing on the advancing and declining issues, in this case for $S&P 500(.SPX)$ .The oscillator tracks the difference between the number of advancing stocks and declining stocks on a daily basis.Market breadth is important in trading because it helps to understand the health and direction of the overall market.The yellow arrows present how this indicator has bounced with the index following local bottoms.The current level seen in the oscillator shows a significant divergence with price that speaks by itself about how weak is the market. The oscillator has bounced even less than Oct 2023 in the middle of a correction.A divergence is a warning, not a timed signal, so it's worth watching th

It's been more than three months building the current volume base already.Price better holds above the 20DMA, currently at $69,070, otherwise a travel through the volume shelf would be very possible.Volume shelves can act as support and resistance, as studied last Wednesday.The daily price action and MACD are pointing south, so 20DMA has to stay strong if $BTC is to use this volume shelf as launchpad.Imagehttps://x.com/SmartReversals/status/1799453911079604630

$NASDAQ 100(NDX)$ Shooting star finding rejection at the higher Bollinger Band while oscillator is overbought.Usually enough for a reversal, the daily volume was low, so this one has to hold strong there to invalidate a pullback.Interesting chart ahead of Monday, when the $NVIDIA Corp(NVDA)$ split will be a fact. $NASDAQ(.IXIC)$ $Invesco QQQ(QQQ)$ $Technology Select Sector SPDR Fund(XLK)$ Imagehttps://x.com/SmartReversals/status/1799418370414051500

Did Monday and Tuesday Complete the pullback? Was that all the storm?4 out 5 days of the week that just ended presented very weak price action, Wednesday was the green day that defined this timeframe thanks to a big decline in interest rates, but those rates reversed to the upside on Friday, is this the calm before the second stage of this consolidation?The week concluded with a green candle, formed by intraday volatility moves. Monday and Tuesday's lows were quickly bought up, demonstrating bullish sentiment. Even Friday's economic news, featuring an interest rate hike and a substantial 3.67% jump in the 10-year note, resulted in a pre-market dip that was swiftly absorbed by buyers.No Crash YetSince January, my analysis has anticipated support levels above crowd or perma-bear targets. In

$S&P 500(.SPX)$ closed near all time highs, anyway its price action was weak during the last two days of the week, so immediate continuation is not guaranteed.The Fear and Greed index closed in Neutral zone, but from its seven components, Market Momentum is back to greed, this indicator used the SPX price distance from its 125 DMA as presented below:Price action was weak during the last two days of the week, and $NVIDIA Corp(NVDA)$ split will be effective this Monday.A buying opportunity may be on the horizon, the $Apple(AAPL)$ split case in 2020 is analyzed in the public section, so everyone can read it.Bitcoin and Ethereum levels have been included for the

$DJIA(.DJI)$ Shooting star rejected from the 20DMA after bouncing from the lower Bollinger Band, technically a move completed.Oscillator curling down.Probably nothing, the daily volume is low, but what if Mr Dow Jones is saying something again?Just devised more than 20 charts, tomorrow I'll write the analysis for the Weekly Compass.The pullback doesn't look complete, not an opinion, pure technicals. $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$ $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Technology Select Sector SPDR