Will NVDA save the rally?
$S&P 500(.SPX)$ : As I noted when the price reached the upper Bollinger Band, a decline to the 20DMA is the minimum expected retracement.
I've also pointed out that the 50DMA is merely decorative. Therefore, this movement is targeting the lower Bollinger Band, and the Stochastic is not even close to oversold.
Will $NVIDIA(NVDA)$ save the rally?
NVDA heads into its earnings report with a risky setup for long positions, and if NVDA doesn’t bring a bounce, a big problem would ve happen technically
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- Tigoo·2025-02-26Great article, would you like to share it?LikeReport