$NVDA - All eyes at the 5 Daily Moving Average
1. $NVIDIA Corp(NVDA)$ - All eyes at the 5 Daily Moving Average
Not a market to short, but conditions are rising caution flags. The bearish crossover in Stochastic is something to watch with caution. $AAPL and $MSFT falling are the other major giants to watch.
2. $.SPX(.SPX)$ - The decline was supported by the 5DMA, so far nothing has happened in terms of short term uptrend.
Anyway be mindful about the bearish Stochastic crossover and the usual visit to the next moving average when the 5DMA is breached. The 10DMA is the closest at $5,862.
3. $iShares Russell 2000 ETF(IWM)$ - Bearish Crossover in Stochastic: Probable nothing, unless the usual pullback announcement seen over the last months is coming.
The Gap is a big magnet, at least to the 10DMA, currently at $229.
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.