Why I’m still waiting to catch the NVDA bottom?
Everyone’s trying to catch the $NVIDIA(NVDA)$ bottom.
Here’s why I’m still waiting. 💯
We’ve been bearish on NVIDIA since November when the weekly BX flipped red. Since then, it’s dropped nearly 40% from highs to lows.
Yes, we just bounced off the monthly market bias—a level that’s only failed once (2008). But until the weekly BX turns green, I’m not buying.
That signal tells me buyers are stepping back in. Until then, I’m keeping the bots off.
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