To The Moon

Last week, the Weekly Compass anticipated a bullish context for the overall stock market that played out perfectly. Following the setup highlighted for premium subscribers, the $S&P 500(.SPX)$ jumped 1,4%. As shown in the chart below, our analysis identified a specific pattern (highlighted in yellow) that suggested bullish continuation for the week that just ended.

My approach combines technical indicators with modeled support and resistance levels. A cornerstone of this strategy is the Central Weekly Level (CWL). When the price stays above the CWL, it validates a bullish setup; when it remains below, it confirms a bearish outlook. For this week, the CWL sat at $6,805. Since price action remained consistently above this threshold, traders using the CWL as a reference for stop-losses or decision-making were able to stay in the trade and secure +1.4% gains for the S&P500 during the week.

$6,890 was anticipated on the chart as immediate bullish target, but the price jumped to the next key level also anticipated in our analysis. It hit $6,956 with exact precision today at the open and consolidated during the rest of the day.

High-Probability Setups: The Formula for Success

My top picks from last week performed well, the front runners were: $NVIDIA(NVDA)$ (+6%), $VanEck Semiconductor ETF(SMH)$ (+3.3%), and $NASDAQ 100(NDX)$ (+1.27%). Each of these setups, detailed with charts for premium subscribers, maintained its bullish structure by holding above its specific Central Weekly Level (CWL), the individual analyses for them were conducted as for SPX as the summarized example presented above.

The Power of the CWL and S/R Zones

Why do we model these levels? To frame the week’s price action with precision. These zones act as a roadmap, helping subscribers identify profit targets and spot reversals before they happen. This method proved vital for $Eli Lilly(LLY)$ (+1.7%) and $Palantir Technologies Inc.(PLTR)$ (+2.8%), both of which reversed at the bullish target zones provided in the Weekly Compass.

My analysis covers several securities and it was good to see $Costco(COST)$ (2.1%) forming a bullish reversal formation as considered in the Weekly Compass, same case for $Broadcom(AVGO)$ (+3.7%).

High-Probability Setups: The Formula for Success

My top picks from last week performed well, the front runners were: NVDA (+5.3%), SMH (+3.0%), and NDX/QQQ (+1.2%). Each of these setups, detailed with charts for premium subscribers, maintained its bullish structure by holding above its specific Central Weekly Level (CWL), the individual analysis was conducted as for SPX as the summarized example presented above.

The Power of the CWL and S/R Zones

Why do we model these levels? To frame the week’s price action with precision. These zones act as a roadmap, helping subscribers identify profit targets and spot reversals before they happen. This method proved vital for LLY (+1.7%) and PLTR (+2.8%), both of which reversed at the bullish target zones provided in the Weekly Compass.

My analysis covers several securities and it was good to see COST (+1.9%) forming a bullish reversal formation as anticipated in the Weekly Compass, same case for AVGO (+3.7%).

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