$AAPL & $NVDA - Bounce or breakdown?
$Apple(AAPL)$ - Right at the Point of Control. The current volume base has been in the making during five months.
If the S/R level $224.7 is lost by the close, the decline will accelerate. That level has confluence with the 20DMA.
Bounce or breakdown?
$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$
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2. $NVIDIA Corp(NVDA)$ - Another Darling at the Point of Control
The confluence between 20 and 50DMA acted well as support today, but the candle does not suggest reversal and the oscillator suggests the down move is not complete.
The volume gap below is significant. $114.9 is the last line of defense before the abyss.
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https://twitter.com/SmartReversals/status/1841268040295428485
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