S/R Levels for Next Week are Published

$S&P 500(.SPX)$ 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 monthly guide, in addition to the usual suspects: $E-mini S&P 500 - main 2406(ESmain)$ $E-mini Nasdaq 100 - main 2406(NQmain)$ $WTI Crude Oil - main 2407(CLmain)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Microsoft(MSFT)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Global X Dax Germany ETF(DAX)$ $DJIA(.DJI)$ and more.

Golden tool heading into CPI + FOMC week

ImageImage

https://x.com/SmartReversals/status/1799197020311195838

# 💰 Stocks to watch today?(06 Sep)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet