To The Moon

The latest selloff has left the market with very different technical setups. Some charts are approaching key support, while others are showing conditions that could favor a short-term relief rally. Here’s what I’m watching: 🔹 $S&P 500(.SPX)$ — 7,668 IS THE LINE TO WATCH The cash open is not expected to be oversold. Price remains comfortably above the lower Bollinger Band, while momentum oscillators are still in neutral territory. A break below 7,668 would cause significant structural damage to the broader trend. 🔹 $Invesco QQQ(QQQ)$ — OVERSOLD, WITH A GAP ABOVE Today's candle came with massive volume and broke below the lower Bollinger Band. An unfilled overhead gap remains on the chart and could act a

Yesterday, I shared the $E-mini Nasdaq 100 - main 2612(NQmain)$ chart highlighting major technical cracks across the tape. The sharp bearish reaction to Amazon’s earnings reinforced a high probability of holding Thursday night’s breakdown formation at the very least. Today’s selloff comes as no surprise: while the flush could have extended into next week, the directional bias was south following last night’s close. The broader short setup began taking shape on Tuesday after indecisive price action printed a series of lower highs that again, I posted in my daily note. While Wednesday traded relatively neutral, corporate earnings served as the downside catalyst after the bell, just as noted on Tuesday when highlighted that rate hike probabilitie

The market declined today, driven by tech weakness and a sharp surge in December rate-hike odds. $Alphabet(GOOG)$ plunged -12.3% on weaker than expected revenue growth in its core search business, reigniting Wall Street anxieties over immediate returns on massive AI infrastructure investments. The weakness rippled across software and infrastructure peers: $ServiceNow(NOW)$ plummeted -27%, $Frontier Asset Total International Equity ETF(FINT)$ tumbled 20%, and $Microsoft(MSFT)$ succumbed to broader market pressure, closing lower despite reporting a strong quarter. Macro headwinds compounded the selloff. Hot inflation data a

Tech stocks are showing diverging technical setups, with bearish signals emerging in $NVDA, $GOOG and $NOW, while $TSLA consolidates near key moving averages. $AMZN is approaching a potential bullish reversal, and deeply oversold $META could be setting up for a relief bounce. Here are the key levels and setups to watch 👇 🐂 $Tesla Motors(TSLA)$ Consolidation signals are emerging. Mean reversion toward the rising 20-day moving average is common in this setup, and that average is approaching the 200-day moving average. Could $380 be next? 🔻 $NVIDIA(NVDA)$ A bearish engulfing candle points to possible downside continuation. With the close below the next session’s central level of 216.6, the technical targets

As mentioned last night, with rate hike odds sitting below 10%, a hike today was highly unlikely. The primary market driver today was going to be corporate earnings reports posted after the closing bell. The $SPDR S&P 500 ETF Trust(SPY)$ held the Central Daily Level (CDL) posted last night as firm support. Our 7,712 bull/bear level cleared the way for upside toward 7,746, which sat just three dollars above today’s close. Price action lacked strong conviction as the market had already priced in the Fed’s rate pause and shifted focus to earnings after the bell. Throughout this earnings season, I provide fundamental research in downloadable one-pagers for all permanently tracked securities to paid subscribers. Those reports include multi-year tren

The market is sending mixed signals, with bullish breakouts, bearish reversals, and critical support levels all in play. 👀 Here are the levels and signals I'm watching next. 1. $Qualcomm(QCOM)$ — 50DMA Breakout Signals Stronger Momentum 📈 Qualcomm has turned constructive after breaking above its 50-day moving average (50DMA). Reclaiming $183 as the CML marks a significant momentum shift and supports the bullish breakout thesis, leaving room for further upside. 2. $Spotify Technology S.A.(SPOT)$ — Bearish Reversal Plays Out 🎵 Spotify is following the bearish reversal setup flagged over the weekend, with the stock now down 5% since that call. The expected weakness is playing out, keeping the bearish thesis

Markets are showing mixed technical signals, with some stocks attempting to stabilize while others continue to build bullish momentum. Here’s what I’m watching on the charts. 👇 1. $IREN Ltd(IREN)$ The bullish RSI divergence thesis described during the weekend continues in play. 27.5 is a relevant resistance to watch, 30 is the next one. The overall structure suggests more consolidation is needed before considering a bottom is in. 2. $Amazon.com(AMZN)$ Bounce from oversold conditions finding resistance at the confluence of moving averages. I send modeled levels for the next session via email daily, (join using the link in bio), for tomorrow bullish above 252.2 targeting 255.6 & 258.1. If 252.2 is lost,

Every Friday, I post modeled levels for the week ahead across more than 40 securities. This week’s Support and Resistance framework anticipated bullish conditions for the $S&P 500(.SPX)$ once price reclaimed 7,668, setting 7,725 as the first upside target. That target was reached today, where afternoon price action stalled into indecision. As you know, indecision right below resistance demands caution for longs, just as stalling above support warns shorts, particularly around weekly levels. Because weekly levels can span a wide range (not to mention the monthly levels also updated here), I provide daily levels to map early reversal warnings or validations and intermediate support and resistance levels. Mirroring the Central Weekly Level (CWL),

The technical setups are diverging. $SPOT is showing signs of overheating, $AVGO is attempting a recovery, and $AAPL may have further downside before buyers step back in. Meanwhile, $TSLA has cleared a major technical hurdle, and $AMZN earnings could bring a sharp move. 👇 🔴 $Spotify Technology S.A.(SPOT)$ | Is 530 the Next Target? The latest price action confirms the overheated conditions flagged over the weekend. Momentum is cooling, and a move lower to fill the gap around 530 is now a possibility. 📉 The key question is whether this is a short-term reset or the beginning of a deeper pullback. 🟢 $Broadcom(AVGO)$ | Bullish Divergence Signals a Rebound $AVGO has bounced off the lower Bollinger Band, with bu

The market rebound is gaining traction, but the recovery still needs confirmation. $SPX is bouncing from a key technical level, while $IWM and $QQQ are approaching important tests that could determine whether bullish momentum continues into Tuesday. Here are the levels to watch. 👇 🟢 $S&P 500(.SPX)$ | Bullish Above 7,673 The S&P 500 staged a constructive rebound from the lower Bollinger Band, opening the door for a modest continuation higher. 🎯 Tuesday’s key levels 7,673: Bullish trigger 7,706 → 7,735: Upside targets 7,643: Pullback level to watch The setup favors buyers above 7,673, but expectations remain measured. This looks more like a modest rebound than a major breakout. ⚠️ $iShares Russell 2000 E