$SPX - The shooting star has not been invalidated
$.SPX(.SPX)$ - The shooting star has not been invalidated
An example of invalidation is highlighted with the green arrow, when the top of the wick was surpassed.
An example of a fake bullish move post-shooting star is highlighted by the red arrow. Observe the green candle in July after the star. Today's candle is far from the top of Friday's star.
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$NASDAQ 100(NDX)$ and $NVIDIA Corp(NVDA)$ : A break above Friday's high would invalidate the bearish setup. That's not yet the case:
The latest candles show a rally that vanished during the day. The moving averages are curling to a flat position.
Will they print a better (green) price action tomorrow?
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