• The index filled our gap at 3,818, which was our target since my public analysis on Dec 15 (link below, as usual); • Now, it is trying to lose this technical key point. In this scenario, the bear trend will just continue, and the next technical support is the next bottom at 3,744; • So far, there’s no evidence of a bottom on SPX yet, as it lacks bullish...
• TSLA is in an incredibly sharp bear trend, and there’s not a single evidence that it’ll find a bottom yet; • In the 1h chart, we see a purple trend line, connecting its previous tops, along with the 21 ema. Both points are working as clear resistance levels; • Only if TSLA breaks this dual-resistance level it might have some chance of recovering – remember,...
• QQQ hit our target, as it filled our gap at $268.50 (red line); • We set this target on our previous public study on QQQ, on Dec 15 (link below this analysis); • QQQ acted according to the technique so far, and there’s no clear bottom sign on it yet; • If QQQ actually loses the red line, the next technical target is the next bottom at $259.08; • Only if we see a...
• In our previous analysis, we nailed the bottom on NVDA, and it went up about 16%, until it gave us a top sign on Dec 13 – the link to our previous analysis on NVDA is below this post, as usual; • Now, we must update our key points; • First, there’s a new support area on NVDA, around the purple line + 21 ema. The trend is still bullish, as long as it stays above...
• AMZN is correcting, and there’s no bullish sign indicating a reversal or a bottom on it yet; • Even if it does, the 21 ema is a persistent resistance, and AMZN can’t trade consistently above it since August; • In addition, pay attention to the $101.90 area. This seems to be a key point, as it worked as a support/resistance multiple times recently; • Only if AMZN...