$.SPX(.SPX)$ : 20DMA Test Imminent: The gray squares mark previous occasions when price has tested that blue line. In the past, when the Bollinger Band has been breached and/or oscillators have been overbought, price has invariably moved to the 20DMA. Both conditions are in today. Will this time be different like the green square? No, wait, that one also preceded a visit to the 20DMA. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $iShares Russell 2000 ETF(IWM)$ ImagePrice action flipped the $6,083 resistance level to support: Anyway, recent moves above the B
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$SPX: 20DMA Test Imminent
$SPX: 20DMA Test Imminent
$SPX: $6083 proved to be a key level
$.SPX(.SPX)$ : As anticipated on Tuesday, $6083 proved to be a key level, price action formed an indecision candle right there. The upper Bollinger Band was breached so consolidation is expected. Previous occurrences are highlighted in red. With the stochastic overbought, risk management is crucial for long positions. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2503(NQmain)$ $iShares Russell 2000 ETF(I
$SPX: $6083 proved to be a key level
$SPX - Bullish Conviction, finally without a gap
$.SPX(.SPX)$ - Bullish Conviction, finally without a gap: Price is continuing its expected upward movement, supported by bullish stochastic and MACD crossovers, suggesting the move is not complete. Widening Bollinger Bands indicate increasing volatility. The $6,043 (tight) level must hold as support. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2503(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $iShares Russell 2000 ETF(IWM)$ Image
$SPX - Bullish Conviction, finally without a gap
AAPL and PEP Show Strong Bullish Trends
1. $Apple(AAPL)$ Apple has found support at the volume shelf. The latest candlestick pattern suggests a potential reversal, supported by oversold oscillators and price action below the lower Bollinger Band. This improves the risk/reward for bulls, though further downside to $225 within the volume shelf remains possible.Image2. $Pepsi(PEP)$ Following last month's soft drink fundamental analysis highlighting the strength on PEP and $Coca-Cola(KO)$ , the weekly chart now shows three conditions present in prior bounces: oversold price relative to the lower band, RSI, and Stochastic; plus a bullish reversal candle. With favorable risk/reward, $142 is key support for the
AAPL and PEP Show Strong Bullish Trends
Trump instantly became a Crypto Billionaire
President Trump's meme coin, TRUMP, skyrocketed to become the 15th largest cryptocurrency globally within just 48 hours. This surge boosted his net worth to $75 billion, placing him among the top 25 richest individuals on the planet, with TRUMP representing 90% of that wealth.Here's a quick overview:On Friday night, Trump introduced the most significant memecoin ever. In less than two days, TRUMP accomplished what many cryptocurrencies take years to achieve. The coin's launch price of $10 quickly surged to $70, generating $29 billion in trading volume within 48 hours. Currently, TRUMP is held in 781,223 wallets, with 525 valued at over $1 million, and 6 exceeding $600 million.The success of memecoins relies on excitement, celebrity support, and community involvement, all of which TRUMP lev
$MSFT's technical picture is mixed
$Microsoft(MSFT)$ 's technical picture is mixedThe 20/50DMA crossover, the breach of the 200DMA, and the recent bullish attempts have stalled with red candles are bearish signs. Conversely, the bounce off the volume shelf's lower edge confirms a strong support zone, and oscillators suggest further upside potential.Whether this bounce continues or is merely a technical rebound before revisiting $410 hinges on the $438 level. $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $.DJI(.DJI)$ Image
$MSFT's technical picture is mixed
The US yield curve has remained positive
For more than a month, the US yield curve has remained positive:Over the last 15 months, the gap between 10-year and 3-month Treasury yields has increased significantly, resulting in a positive curve.Historically, a sharp positive shift in the yield curve has often preceded a recession in the US economy, there is not a specific time pattern.Something to watch indeed.Could this time be an exception?$Tonix Pharmaceuticals(TNXP)$ $iShares 20+ Year Treasury Bond ETF(TLT)$ $.SPX(.SPX)$ $.IXIC(.IXIC)$ $iShares Russell 2000 ETF(IWM)$
The US yield curve has remained positive
$NVDA - Price has also bounced from the highlighted demand zone
$NVIDIA(NVDA)$ - The stochastic oscillator curling up from oversold territory has reliably signaled bullish reversals during previous pullbacks. Price has also bounced from the highlighted demand zone at the lower edge of the volume shelf. All eyes are now on the 50 DMA (purple), which is expected to turn into support. $NASDAQ 100(NDX)$ $VanEck Semiconductor ETF(SMH)$ $iShares Russell 2000 ETF(IWM)$ $SPDR S&P 500 ETF Trust(SPY)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$ ImageOne of the reasons why a pullback is not guaranteed 👍.Image
$NVDA - Price has also bounced from the highlighted demand zone
$SMH - Price bounced from the highlighted demand zone
$VanEck Semiconductor ETF(SMH)$ - Price bounced from the highlighted demand zone, coinciding with the lower edge of the volume shelf. However, the latest candle's shape suggests a potential top at the upper edge of the same volume shelf, aligning with a supply zone. Despite this, the stochastic oscillator suggests the bullish move may not be over. $NASDAQ 100(NDX)$ $NVIDIA(NVDA)$ $Advanced Micro Devices(AMD)$ $SPDR S&P 500 ETF Trust(SPY)$ This chart was part of the fundamental edition of the week (Semiconductors), $Micron Technology(MU)$
$SMH - Price bounced from the highlighted demand zone
$IWM - Bullish divergence in the daily chart
$iShares Russell 2000 ETF(IWM)$ - Bullish divergence in the daily chartThe bounce happened right at the lower edge of the volume shelf, and the bearish target posted for everyone last week🎯. Price closed the week at the higher edge of the same volume shelf with a red candle⚠️. Bullish continuation is possible, as mentioned in the weekly analysis open for everyone in the link in bio with specific levels to watch. $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $Cboe Volatility Index(VIX)$
$IWM - Bullish divergence in the daily chart
SPX: Downtrend Breached, Upside Potential with Caution
$.SPX(.SPX)$ - As posted yesterday, it was worth giving a chance to the 20DMA considering breadth improvement and the $Cboe Volatility Index(VIX)$ . The downtrend has been breached and the oscillator suggests the move is not complete to the upside.The candle doesn't show conviction, so risk management is still key in a positive context.ImageThe bearish targets for the week posted during last weekend were reached with accuracy: $iShares Russell 2000 ETF(IWM)$ $VanEck Semiconductor ETF(SMH)$ $NVIDIA(NVDA)$ $Alphabet(GOOG)$
SPX: Downtrend Breached, Upside Potential with Caution
$QQQ - Hanging Man Validated by Daily Volume:
$Invesco QQQ(QQQ)$ - Hanging Man Validated by Daily VolumeWhile the tech downtrend remains intact and price action suggests a bearish reversal, Williams %R is not yet overbought, presenting an imperfection for the bearish thesis.Price did bounce off the 50DMA, and a Hanging Man doesn't guarantee a pullback (see previous occurrences), using levels is key: Bullish (only) above $515 with $530 as the next destination.$NASDAQ 100(NDX)$ $NVIDIA(NVDA)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Microsoft(MSFT)$
$QQQ - Hanging Man Validated by Daily Volume:
$AAPL - Halfway the Volume Shelf
$Apple(AAPL)$ - Halfway the Volume ShelfThe rally found rejection at the 10DMA just to resume the bearish move to set lower lows. $226 is the next destination for this pullback; at that level price could be oversold relative to the RSI and lower Bollinger Band.ImageI have done this analysis before：Weak setup but a short term bounce is likely considering the 100DMA and the volume shelf.The complete analysis in the weekly timeframe was included in the latest Weekly Compass, with specific targets.Image
$AAPL - Halfway the Volume Shelf
$SPX - Weakness Returns
$.SPX(.SPX)$ - Weakness ReturnsFailing to break $5,962, the stochastic has re-entered a bearish crossover in overbought territory and the downtrend is dominating price action.The $Cboe Volatility Index(VIX)$ appears poised for a bounce, suggesting a likely resumption of the index decline. Although the daily chart (yesterday's post, this is the 4-hour chart) shows the 20DMA still providing support, I'd give that line ($5,926) one more chance to hold, given today's improved breadth.Everyone is focusing on this down channel so it makes sense to me that it will break out. I suspect to the upside. I kind of agree on that one, for that reason I'm giving a chance to the 20DMA to support price. Anyway tech looks b
$SPX - Weakness Returns
$XLF - Financials Look Happy
$Financial Select Sector SPDR Fund(XLF)$ - Financials Look Happy Gaps don't always fill immediately. Price is currently building volume within a potential launchpad volume shelf. Notably, $Bank of America(BAC)$ and $Citigroup(C)$ closed above their daily Bollinger Bands yesterday, while $JPMorgan Chase(JPM)$ and $Morgan Stanley(MS)$ are testing theirs. $127.80 serves as a good risk management level for long positions. Most oscillators (Stochastic, RSI, excluding Williams %R⚠️) are not yet overbought.Image
$XLF - Financials Look Happy
$SPX - A Downtrend to Break
$.SPX(.SPX)$ - A Downtrend to Break: Yesterday's indecision candle proved to be just a hiccup in the ongoing bounce, consistent with previous candles highlighted. Tomorrow will be a key test, determining whether the series of lower highs continues. While the current daily candle is stronger than at the last peak, a gap remains open, similar to the previous top. Holding above the 20DMA is crucial for bullish continuation. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Cboe Volatility Index(VIX)$ Image
$SPX - A Downtrend to Break
Common mistakes in investment
Common mistakes in investment:1. Emotional Investing: Making decisions based on fear or greed instead of rational analysis.2. Lack of Research: Not thoroughly researching investments before committing funds.3. Ignoring Fees: Not considering the impact of management fees and transaction costs on returns.4. Chasing Past Performance: Investing in assets solely because they performed well in the past.5. Overreacting to Market News: Making sudden changes in investment strategy due to market volatility or news.6. Not Having a Plan: Investing without a clear strategy or financial goals.7. Holding Losing Investments: Refusing to sell underperforming assets in hopes they will recover.8. Underestimating Risk: Not understanding the level of risk associated with certain investments.Have you ever found
$NVDA - Mixed Signals: Daily vs. 4-Hour Chart
$NVIDIA(NVDA)$ - Mixed Signals: Daily vs. 4-Hour ChartThe daily chart suggests the recent decline isn't over, as two key conditions from previous bounces—reaching the lower Bollinger Band and an oversold stochastic—haven't yet been met. However, the 4-hour chart paints a different picture, showing the lower band reached and a bullish stochastic. The $129.10 level will determine which setup prevails. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Palantir Technologies Inc.(PLTR)$ Image $Palantir Technologi
$NVDA - Mixed Signals: Daily vs. 4-Hour Chart
$SPX - Bounce Weakens Ahead of CPI
$.SPX(.SPX)$ - Bounce Weakens Ahead of CPIAs anticipated yesterday, the $5,880 zone was key to determining the bounce's strength. Today's high of $5,872 fell short of that level. The indecisive candle opens up any scenario ahead of the CPI report.Today's high coincided with the 10DMA, a line to conquer tomorrow to consider a bounce (The oscillator suggests the bounce thesis is still live). On the other hand a loss of the 100DMA would trigger lower lows.What will be breached first? 10DMA or 100DMA?$Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $iShares Russell 2000 ETF(IWM)$ImageJPM's analysis indicates the potential reactions of the
$SPX - Bounce Weakens Ahead of CPI
$PLTR - Bounce Potential
$Palantir Technologies Inc.(PLTR)$ - Bounce PotentiaThree of four key elements from previous bounces are present today: an oversold stochastic, a breach of the lower Bollinger Band, and an indecision candle. The only missing element is high daily volume. If the decline continues, $61.50 is the next key support level before a potential bounce, but a bounce could occur here.ImageGap up last Monday and it vanished.Gap down today and it bounced.Will this week end in the green? $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $.DJI(.DJI)$
$PLTR - Bounce Potential
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