To The Moon

$iShares Russell 2000 ETF(IWM)$ - Bounce FizzlesAs anticipated yesterday, Small Caps attempted a bounce, but it faded upon encountering the 20DMA, resulting in a bearish candle. Price action will determine whether the Stochastic's bullish signal is valid or if today's move was a fakeout. Using the 100DMA as a risk management reference is a prudent strategy. Worth noting: Small Caps never fail filling gaps.Pullbacks are very easy to predict for Small Caps when the weekly candle breaches the higher Bollinger band. That was the case at the end of November, and so far price action is following the script. A potential bounce is brewing at a key support level. The complete analysis is open for everyone with a key indicator.Image

$Boeing(BA)$ Last week's fundamental analysis focused on the aerospace sector, including Boeing . The analysis highlighted fundamental weaknesses with a bearish technical setup. The stock has declined 6% since the publication. A good portion of the publication is open for everyone, it's the latest one in the section Level Up Your Trading.Image $VanEck Semiconductor ETF(SMH)$ - In the middle of massive bearish setups, the weekly compass anticipated last week a bullish setup for this one, the volume shelf became a launchpad.The complete and updated analysis with one additional indicator is open for everyone through the link in my profile. Make sure to be in the email📩distribution list, more open content is com

$Invesco QQQ(QQQ)$ - Saved by the Volume Shelf & the 50DMAThe Stochastic Says the Move is Complete and the bounce should continue, everything looks good, so price action must present immediate continuation, otherwise the bearish 4H chart would be validated and the series of lower highs would continue. $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $NVIDIA(NVDA)$ Image $iShares Russell 2000 ETF(IWM)$ - Pullbacks are very easy to predict for Small Caps when the weekly candle breaches the higher Bollinger band. That was the case at the end of November, and so far price action

$.SPX(.SPX)$ Gap - Make or Break?So far, the gap has acted as support. The Stochastic suggests this bounce should continue, and it needs to. Similar to the $NASDAQ 100(NDX)$ and $Invesco QQQ(QQQ)$ analysis in my previous post, a sequence of lower highs has begun, initiated by bearish doji stars like the one formed on Friday afternoon. Invalidating that doji is crucial, as the 20DMA has now curled downwards, breaking the prior bullish trend.A break below $588 would be a significant concern; above that level, a bounce remains possible. $SPDR S&P 500 ETF Trust(SPY)$ Image

1. $Advanced Micro Devices(AMD)$ - Bullish Reversal Brewing in the Weekly?Indecision candles in a narrow range during the last three weeks and the oscillator is oversold.Key levels to watch and targets are open for everyone clicking in my profile.Confirmation is key, but the stock is in bullish territory already, next week it will kick off above the central weekly level.Image2. $Lockheed Martin(LMT)$ appears oversold, and its fundamentals remain strong.The latest fundamental analysis edition covers LMT, $Boeing(BA)$ , and $General Dynamics Corp(GD)$ , highlighting the aerospace sector's current potential. Much of the fundament

The monthly chart for $NASDAQ 100(NDX)$ presents a gravestone candle with high volume validating the warning, RSI is above 70. Previous occurrences are highlighted:November 2021: An Early Warning followed by another indecision candle, 2022 followed.February 2021: Followed by a healthy -5.3% pullback from the close of the warning candle, or -12% if you take the high of the gravestone candle to the low in March.February 2020: The COVID crash, a -30% from the high to the bottom in March.September 2018: Not highlighted since the candle is not a gravestone, but the doji with RSI at 81 was the warning for the -23% bear market in 2018.Image

$VanEck Semiconductor ETF(SMH)$ : Bearish Crossover in 20 & 50DMA as previously posted for $NVIDIA(NVDA)$ ; price found rejection on Friday at the 20DMA and the Stochastic suggests the move is not complete yet.Volume was not as high as for $NASDAQ 100(NDX)$ and other important indexes&stocks, price action has to consolidate the 20DMA to start reversing the downtrend that is being described by both moving averages.SMH is one of the securities studied every week (2X) in the Weekly Compass, more details and key levels trough the link in profile.Image

1. $NVIDIA(NVDA)$ - Bearish Crossover Between 20 and 50DMAThe latest candle is bullish and validated by daily volume, anyway it has to prove the bounce recovering the 10DMA, where it found resistance during Friday's afternoon. Will the crossover be invalidated? The complete analysis is in my profile's link.Image2. $iShares Russell 2000 ETF(IWM)$ : As anticipated when the shooting star appeared one month ago already, the 50DMA is decorative for Small Caps, it was breached without much effort. $214 - $219 is a major support, and a key level to watch next week is $224, since it rejected price action on Friday in confluence with the 5DMA.ImageTrading is akin to any skill that requires performance; merely pract

$SPDR S&P 500 ETF Trust(SPY)$ - The premarket session found support at the current volume shelf, leading to a bounce at the open. While the resulting candle shows volume validation, it encountered resistance at both the 5DMA (grey line), and the 50DMA (purple line), failing to break above them.If the market continues to aggressively buy any pullbacks, a short-term bottom may be in place, especially given the current status of the Williams %R and the price action at the lower Bollinger Band.However, there is underlying weakness indicated by the lack of buying conviction at the close, suggesting a potential downward move. This move, however, could be part of a broader bounce, as illustrated by the black arrows pointing to bearish candles.Image

1. $SPDR S&P 500 ETF Trust(SPY)$ - A technical bounce as mentioned yesterday, and it vanished during the day.This move is aiming at a gap fill which makes sense with a reset in oscillators and the volume shelf at $567 that may act as support. The bearish candles are validated by volume.Image2.They told me April was going to be bullish.They told me July was always bullish for $NASDAQ 100(NDX)$ They told me September was always bearish.They also told me December is bullish.But the statistical approach works right? it's just bad luck, the Santa Rally is coming, right? $.SPX(.SPX)$ $Invesco QQQ(QQQ)$