To The Moon

$S&P 500(.SPX)$ July ranks as one of the most bullish months of the year, finishing positive 79% of the time. during the last 20 year. However, if you zoom out further and analyze a different historical period, such as 1990 to 2006, the statistics completely invert, making July one of the most bearish periods of the year. Always do your own charting and verify statistics Semiconductors are cracking and the Magnificent Seven are Bouncing as considered last Saturday in the Weekly Compass. SPX bounced to 7,491 🎯 (+2%) as expected, $Microsoft(MSFT)$ to 388 🎯 (+3.4%), $Palantir Technologies Inc.(PLTR)$ to 125 🎯 (+11%). Reversal now? High probability setups updated

Cracks were anticipated for semiconductors, as the oversold conditions for the Magnificent 7 Last week, the Weekly Compass highlighted a clear divergence within the technology sector: Semiconductors were signaling a bearish reversal, while the Magnificent Seven were showing deep oversold conditions in the daily backed by massive daily volume. The results this week confirm this rotation. The semiconductor ETF, $VanEck Semiconductor ETF(SMH)$ , fell -9.7%. $Micron Technology(MU)$ served as a stark reminder of gravity, dropping -14% as the stock moved to fill the 1,083.3 gap I anticipated in the Weekly Compass. Conversely, the Magnificent Seven presented signs of awakening, with the following weekly gains:

In the Weekly Compass posted on Saturday, I highlighted a distinct peculiarity: the exceptionally high volume observed on Friday for the Magnificent 7. This volume was so massive that, despite the lack of a solid, bullish setup at the time, it stood out as an odd anomaly. High volume was a key signal since most of the Magnificent 7 names were oversold on the daily timeframe. Consequently, the current spike was a distinct possibility and as usual I provided specific price levels that the price should recover to validate the bullish reversal and specific targets in the Setups Blueprint. For example: if $Tesla Motors(TSLA)$ recovered $387.9, a move to $407.1 was possible, the stock closed today at 425 for a +12% weekly rally so far; for

Monthly levels set the structural tone for bullish or bearish momentum in an index or stock, while also serving as major boundaries that frame price action. For example, $NVIDIA(NVDA)$ traded during June between 233 and 191, which marked the resistance and support boundaries around the Central Monthly Level (CML) of 214. Once the CML was breached on June 5th, it validated a bearish momentum flip. A similar pattern played out with the $S&P 500(.SPX)$ : once it lost its CML on June 5th, price found support at 7,302. What makes today’s price action interesting is the recovery back to 7,451, which is the Central Monthly Level for the month ending. Below are the monthly levels for July. The recent bounce h

Heavy trading volume has sparked renewed optimism across both the broader market and Apple, reinforcing the possibility of a short-term rebound. However, key technical levels remain under pressure. Whether buyers can sustain momentum this week will determine if the recovery gains traction or proves to be another temporary bounce within the prevailing downtrend. 1. $S&P 500(.SPX)$ The high volume across the Magnificent Seven on Friday opened the door for today's bounce. To invalidate the recent pattern of early-week rallies that fade by Tuesday or Wednesday, price action must hold the current zone, otherwise the bearish diagonal will be revalidated. 2. $Apple(AAPL)$ Friday's gigantic volume signals val

Technical indicators are highlighting two contrasting setups among the AI megacaps. While NVIDIA is attempting a bullish reversal from oversold conditions, Alphabet is flashing a historically significant weekly MACD bearish crossover, putting traders on alert for the next major move. 1. $NVIDIA(NVDA)$ The oscillator is attempting an bullish crossover in oversold zone. The last two instances brought tactical bounces, and the one prior a 20% rally. Gaps exist both ways; bulls need 189 cleared for good. Will NVDA come to the rescue if $Advanced Micro Devices(AMD)$ and $Micron Technology(MU)$ keep consolidating? 2. $Alphabet(GOOG)$

The macroeconomic environment for the $S&P 500(.SPX)$ has undergone a severe hawkish turn, fundamentally altering the trajectory of the broader market. The confluence of reaccelerating inflation, driven by geopolitical energy shocks and rising service sector costs, has forced the Federal Reserve to completely abandon any prospect of rate cuts for 2026. Instead, the market must now digest the reality of an active monetary tightening cycle. The broader market remains entrenched in a rotational phase. The technology sector is facing mounting pressure. We are observing a sequence of weakness that originated in software, transitioned into the Magnificent Seven, and is now sending its first warning ripples through the semiconductor space. Is this su

On Monday, the $S&P 500(.SPX)$ fell 0.4%, breaching the central weekly level (CWL) of 7,493.7, as anticipated in Saturday’s Weekly Compass in the high probability setups. The SPX exhibited several underlying cracks in its price action, despite the 1.1% rally observed on June 18th before the long weekend. Once our modeled central weekly level was breached, validating my bearish thesis, Tuesday saw steeper declines as South Korea’s KOSPI crashed 9.9%. This marked its sharpest fall in over three months and sparked a global semiconductor selloff (consistent with overheated conditions we have studied). As a result, the $NASDAQ 100(NDX)$ tumbled 3.2%, and the S&P 500 retreated 1.44%. By the end of the we

Markets remain at a critical technical inflection point. While the $SPX was rejected at key resistance, $QQQ is now testing major support, setting the stage for the market's next directional move. 1. $S&P 500(.SPX)$ As posted last night in my daily note (subscribe, link in bio): 7,412 was a resistance zone to consider; the $MU euphoria could find rejection there. The top of the day was $7,419🎯 and the structure is still weak. 2. $Invesco QQQ(QQQ)$ $QQQ is sitting right on the edge. It found support at the 50DMA, while the 20DMA is curling down. If that 50DMA fails, the lack of volume at price could trigger a rapid trapdoor move straight toward the 682 gap. Every week, I publish high-probability setups.

In yesterday’s market update, I highlighted the confluence zone at 7,411.9 for the $S&P 500(.SPX)$ , a daily level I flagged to paid subscribers anticipating a potential bull trap following the after-hours rally sparked by $Micron Technology(MU)$ ’s earnings. SPX’s high today reached 7,419 🎯, validating the relevance of that resistance zone. For $Invesco QQQ(QQQ)$ , I flagged 724.9 as a critical level; today’s high of 726.8 🎯 confirmed the sentiment shift and showed resistance holding stronger than support lines. $VanEck Semiconductor ETF(SMH)$ presented a similar case, I noted 646.6 as crucial for momentum confirmation,