$SPX Tests 7,620 While $AAPL and $PLTR Reach Key Levels
Markets continue to grind higher, but key technical levels are beginning to matter.
While $SPX battles resistance near 7,620, $AAPL is flashing a potential near-term warning signal and $PLTR remains one of the strongest momentum names on the board.
1. $S&P 500(.SPX)$
Slow moves keeping the price moving up steadily. Same as yesterday, $7,620 acted as a resistance zone.
The close was better than yesterday, but the resistance remains the same; bulls want a breakout and bears want a definite rejection. Greed is at 57, breadth is still weak.
2. $Apple(AAPL)$
Shooting star candles in Apple have a high accuracy rate as near-term bearish signals.
Today, we find out if this drop is short-lived or sustained. Different this time: an overbought RSI and a volume gap down to $299.
3. $Palantir Technologies Inc.(PLTR)$
PLTR neared the $165.7 bullish target. Monday's move was so fast it printed an indecisive candle outside the upper Bollinger Band.
Now back in the range, price must hold the critical $148 level to sustain short-term momentum. The diagonal breakout is still constructive.
😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.
🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!
Hot Merch Returns · Up to 43% Off
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.
