$SPX has breached its Point of Control

SmartReversals
10-08

$S&P 500(.SPX)$ has breached its Point of Control, accompanied by a bearish MACD crossover. The bearish hanging man has been confirmed, as probabilities indicated given the jumpy $Cboe Volatility Index(VIX)$ shared to everyone in bio last Friday.

It would be unexpected for the 20-day moving average to provide support, this setup suggests the volume shelf B (to be matched by 50DMA) is the minimal destination.

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$Snowflake(SNOW)$ - Bullish Reversal Attempt in the Weekly

MACD crossover is suggesting a jump in #Snowflake

Price has to stay above $113 this week to consider the bullish thesis.

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$NVIDIA Corp(NVDA)$ : This beast has been tamed by the higher Bollinger Band during the last four visits in the daily chart.

Will the fifth be the charm? The oscillator is at overbought levels, and the candle has a higher wick.

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https://x.com/SmartReversals/status/1843398838868160961

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  • Taurus Pink
    ·10-08
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