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Mag7

S&P Melt-Up, FOMC, Gold, Bitcoin - Key Levels and OutlooksHappy Saturday!!! I just finished a live roundtable session so charts and analysis was fresh on the mind. S&P just closed 9 consecutive days higher S&P Futures 9 green candles The melt-up has been slow and steady, but persistent Markets are now "repaired" back to or above the US Liberation Day break levels on April 2/April 3 I see some near-term resistance in the S&P with FOMC coming this week. There are some reasonable gaps lower for some pullbacks, but the PAIN trade persists. The "pain" trade now is higher highs because sentiment is so bearish. The "pain" trade if we see all-time highs would be a bull trap. FED is likely staying paused for May and June per the FED Watch Tool and the first rate cut may start in July 2025. But I'm watching US Yields to see if they persist higher because that may ruin the FED's plan and power and 40+ year correlations. Eyes wide open and small risk. Short-term strategies are doing well in this environment. I'll continue to grind. Thanks for watching!!!
CBOE:XSP
by ChrisPulver
$MSFT : A 'Teflon' stock refusing to budge under pressureI promised multiple times that a detailed analysis of NASDAQ:MSFT will be published. Its time, today we analyze the levels to watch for and the future price points in this stock. A large cap stock like NASDAQ:MSFT is a difficult ship to navigate. During the recent turbulence the stock lost almost 33% of its value. Even during these times, it never broke below the prior cycle highs of 345 $ in contrast to other MAG7 stocks like NASDAQ:TSLA which then led to more than 50% downturn in the stock. But as the headline says NASDAQ:MSFT is Teflon stock with resistance to go down. In the weekly chart we see that the stock never broke below the midpoint of the upward sloping regression band channel which is @ 375 $. Now where does the stock go from here? If we plot the Fib levels on NASDAQ:MSFT we see that it is firmly at 0.382 which lies at 392 $. Next level is at 415 $, and we have an earning catalyst upcoming for NASDAQ:MSFT and if the stock closes above 425 $ then we can easily touch 422 $. Verdict : NASDAQ:MSFT keep on DCAing. Earnings quality with low volatility.
NASDAQ:MSFTLong
by RabishankarBiswal
$MAGS Repeating History? - Nasdaq Oscillator Flashes Caution📉 CBOE:MAGS (MAG 7 ETF) is showing striking similarities to its previous top, right before a 30% drop. Both price action and the Nasdaq Oscillator are echoing that same setup. 🔍 Key Observations: Price has rallied into a confluence of resistance near the previous breakdown zone. The Nasdaq Oscillator has returned to a historically high reading – the last time this happened, MAGS topped and dropped hard. A similar structure could suggest a -30% move, targeting the $32–$33 range. ⚠️ Caution: We’re in a potential bull trap zone. Unless we break cleanly above the red trendline and consolidate, this rally may be short-lived. 🧠 Smart money may already be unloading into this strength.
CBOE:MAGSShort
by SmartSignalss
MAG7 MODEL Rally is going to be in the form of ABC up The chart posted is the Mag 7 .I feel strong that the super cycle Top in the mag 7 was seen like January 2000 in the internet Bubble . I am counting a clean 5 waves down and see a strong ABC rally phase like that in 2000 then we dropped about 30% in the first leg down followed by a huge Bearish rally back up first leg up moved to the 50% retracement and then had a abc down for wave b of B to be followed up to .618 of the decline to form THE B Wave TOP . I am looking forward in my work and my models to see a near prefect rematch in the formation . I stated in my dec 8th forecast How the market will unfold based on the Wave structure and cycles and the DATA . We are now set for that abc rally . next turn date in spirals in 3/28 best of trades WAVETIMER
CBOE:MAGS
by wavetimer
$NAS100 approaching correction territoryWe are again back from a short winter flu. I think the index NASDAQ100 is also coughing showing signs of a flu. Pun indented.  The tech heavy NASADQ100 does not look particularly healthy on a daily and weekly basis. In this weekly chart we can see that even if we find ourselves in the structural bull market the index has lost more than 5% from its peak. The internally also do not look good with MIL:MAG7 also bleeding and off their peaks. The PEPPERSTONE:NAS100 is almost approaching its 200-Day SMA. If the index loses another 3 % then it will land @ the 200 Day SMA which it @ 20200. In the upcoming weeks there are multiple events which might put pressure on the indexes. We have tariffs upcoming on Tuesday and we must watch out for the inflation and unemployment numbers. But we must also look at the other side of the coin. A 10% pull back is normal in a secular bull market. In all the bull markets this kind of skittishness is normal. In my assessment PEPPERSTONE:NAS100 will be a good buy @ 200 Day SMA. My lowest level in this small correction phase is 19000 which is 0.618 Fib Retracement level on the upward sloping Fib channel I have plotted and an indicative of a secular bull market. I will keep visiting this chart in the future. Accumulate PEPPERSTONE:NAS100 between 20200 and 19000.
THINKMARKETS:NAS100
by RabishankarBiswal
AAPL 1.22.2025 IdeaMy assessment is a fair price on the stock of $230 per share. AAPL now sitting at $222.5, I believe there is a high probability for a 5% up move within a few months. Entry would be favorable if AAPL =< $220. I would enter direct shares here. AAPL is of those companies that will be affected by tariffs. However, AAPL has benefitted from expanding its services economy. In other words, AAPL is not reliant on iPhone sales to drive their FCF. This opportunity is one for those looking for a discount on a MAG 7. Just be patient! But be flexible and anticipate further disruptions.
NASDAQ:AAPLLong
by SRNceo
NASDAQ: Key Support at 21,500 Poised to Propel a Rally Toward 22Looking at the chart, the 21,500 level is a strong support zone as it aligns with previous bullish positions and significant volume activity. This support could act as a solid base for a potential upward move toward the 22,000 resistance level. Key Observations: 21,500 Support Zone: Historical bullish activity suggests buyers are actively defending this area. The price has bounced from this level, reinforcing its strength. Volume Profile: Heavy volume concentration near the support indicates strong interest in this region. Limited resistance zones between 21,500 and 22,000 support the case for a move upward. Target Resistance: 22,000 is a psychological and technical resistance level. Reaching this level would require sustaining bullish momentum above 21,500. If the price remains above 21,500, it could fuel a bullish rally toward 22,000, assuming no external bearish factors interfere. Monitoring price action near these levels is crucial for trade planning.
CAPITALCOM:US100
by BIGonTRADING
Nasdaq 100 Index - outlook for Q1 2025Since the beginning of 2024, the Nasdaq 100 Index jumped 28.83%, leaving the broader market, like the S&P 500, in the dust. In the long term, the chart screams bullish, with the one-month view suggesting a strong buy. Yet, the recent trading sessions have seen some cooling off, a typical holiday lull as traders and investors take a break. The Nasdaq peaked at 22,174 on December 16, 2024, and since then, making higher highs has been a struggle. This hesitation can be chalked up to uncertainty around the U.S. interest rate policy for 2025. At the same time, there was a flurry of buying activity when the Nasdaq hovered near its 50-day moving average, around the 21,000 mark. This suggests that investors see this level as a sweet spot for picking up shares, possibly viewing it as a solid support line amidst all the market noise. Currently, I see no clarity in the Index's direction for the near term. If we hear hawkish news from the Fed and Trump's policy in January, the stock market could deepen. At the same time, earnings reports from the MAG7 and their guidance for the year 2025 will play a pivotal role in the Index's direction.
NASDAQ:NDX
by IrinaTK
He wasn't dead, he was just catching his breath.After a monstrous rise, the time came to catch his breath and prepare for a new year of ups and downs, but most importantly, to consolidate at this level. Before falling, our goal was to reach $169. Based on the current formations, everything seems to indicate that the trend continues. We must observe how an expanding wedge concludes at $155, followed by other patterns at $161, and finally, a very old one at $169 USD. Don't forget that NVDA is partnering with GOOGL on a groundbreaking quantum chip, a revolutionary development that is set to transform computation over the next decade.
NASDAQ:NVDALong
by AllAboutMoney
MAG7 breaks to new highs with the NAS100 outperforming The reaction in markets is what interests the most, and on the day, despite US Treasuries finding form, we’ve seen broad USD strength, the S&P500 has pushed to its 55th new all-time high in 2024, while gold and crude are largely unchanged. We also see sizeable dispersions in the daily returns in the crypto space, with XRP and Chainlink arguable the standout plays, with 23% and 41% gains respectively on the day. In the volatility (vol) space, we see the VIX trading lower at 13.5% - the lowest level since July and at levels more aligned with S&P500 20-day realised vol. Equity hedges have been unwound, which speaks to a market confident of a grind higher into year-end. Another way to visualise the subdued equity vol is in the daily high-low trading ranges, and on the day the S&P500 has tracked a meagre 18-handle range – one of the lowest high-low ranges of the year, and well below the 5-day average of 34-handles. Removing downside hedges makes sense given the largest drawdown in the S&P500 in Q4 has been 3.1%, and hedges cost money and subtract from performance if equity is moving higher. On the day we’ve seen a solid bid in comms services names (Meta & Alphabet), tech and consumer discretionary – said another way, the MAG7 index (+1.9%) has broken out to a new ATH, with all 7 MAG7 constituents rising on the day. Microsoft and Meta would be my picks that lead us higher from here, with MSFT filling the gap from the 31 Oct, where a break of $432.23 would suggest a continuation rally into $440. Naturally, when tech and the big discretionary plays are firing up, it’s the NAS100 which has outperformed, and we see NAS100 futures 120p from testing the former ATH at 21,340. We’ve seen solid moves in European equity too, and notably in the German DAX which is in beast mode and doing everything right technically – happy to hold longs here until the index has a daily close below the 5-day EMA. French equity is the exception, with the CAC40 closing unchanged, which is quite a solid result given the brewing political angst. Certainly, we’ve seen the political risk expressed in the EUR, which is lower on the day against all G10 currencies, and notably vs the JPY and USD. We can add negative revisions to the French and German manufacturing PMIs, which make for sobering viewing, and the upshot has been broad EUR selling. EURUSD hit a low of 1.0461 before the buyers stepped in – we can attribute a degree of the move lower to an improved US ISM manufacturing report (at 48.4 vs 47.5 eyed), although we did see some modest USD selling late in the session as Fed gov Waller signalled that he is leaning on a December rate cut and that rates are still “some distance from neutral”. US interest rate swaps now price at 79% chance the Fed cut by 25bp on 18 Dec. Equity and bond vol may be headed lower, but FX vol is alive and well with EURUSD 1-month implied vol at 8.66% and the 92nd percentile of the 12-month range. Buying EUR vol certainly made sense given the uncertainty of the ECBs (and the Fed’s) next move and the French political risk premium. CAD vols also screen well, with options traders seeing increased movement in USDCAD and AUDCAD. On the subject of movement, we can always find it in the crypto markets, and while Bitcoin (-2.5%) and Ethereum (-2.7%) take a backseat, it’s XRP that’s getting the lion’s share of trader attention with its punchy 23% rally on the day. The daily chart looks ridiculous and highlights the explosive 450% gain seen since the US election. XRP Volumes are tracking north of SEED_TVCODER77_ETHBTCDATA:5B on the day, which is higher than what’s traded on BTC, with the gains taking its market cap to $134b – the third biggest coin in the crypto sphere. Grossly overbought, and with a 10-day volatility of 150%, chasing XRP upside from here comes with significant risk and the fact I’m focused on it suggests we’ve likely hit peak sentiment – but as know what is overbought can stay overbought for some time. Looking ahead, we see a largely positive open for Asia with the ASX200 set to outperform with the index set to open nicely above 8500 and to new highs. Event risk in the session ahead comes in on the light side, with Swiss CPI and US Job openings (JOLTS) the key events on the radar.
PEPPERSTONE:NAS100Long
by Pepperstone
Meta: Buy Opportunity with Strong Short & Medium Term SignalsMeta Platforms NASDAQ:META (META) is on track to hit new record highs at $610, and the short- and medium-term technical indicators suggest a strong buying opportunity. Here’s why: In the 2-hour and 4-hour timeframes, several key indicators are flashing buy signals: The Exponential Moving Averages (10, 20, 30, and 50) across both timeframes are all signaling bullish momentum, indicating upward strength. In the 4-hour chart, Momentum (10) is positive, and Bull Bear Power is also supporting further gains. While there’s a MACD Sell signal, it’s outweighed by the overall uptrend across multiple moving averages. In the 2-hour chart, the MACD Level has switched to Buy, and the Volume Weighted Moving Average (VWMA) is also bullish, suggesting growing strength in the short term. In the daily timeframe, Meta shows even more confirmation for a bullish stance: Most of the key Moving Averages (EMA 10, 20, 30, 50) are aligned with continued upside, supporting a sustained uptrend. The MACD and Momentum indicators show some divergence, but overall the market remains tilted in favor of a bullish outcome, with price action well above the 100 and 200-day moving averages. Risk-Reward Setup: The combination of buy signals in both short and medium-term charts presents a favorable risk-reward setup. Meta’s strong uptrend suggests a continuation toward new highs, while the technicals back a bullish bias with several layers of confirmation. However, caution should be exercised with short-term volatility, but the overall trend still supports the case for a long position. Considering these factors, entering long positions with a target at $610 offers a compelling opportunity to ride the momentum of one of the tech market leaders. Disclaimer: This content is for informational purposes only and should not be considered as financial or investment advice.
NASDAQ:METALong
by CF_444
3
Mag 7 Earnings - Something will Break (Ceiling or Floor?)797 stocks reporting earnings next week Notables include GOOGL LLY CAT META MSFT COIN AMZN AAPL XOM CVX MA V $15 trillion in market cap at play as the US markets are still very close to all-time highs with a melty-uppy vibe. I'm cautiously bullish and could certainly see the highs get blown off with strong earnings momentum dominating the sentiment. I could also see Mag 7 disappoint investors with "not enough growth" and any pullbacks on Mag 7 will certain drag on the entire market. Survive next week, then it's onto the US Election, FED, Non-Farm Payroll. No big deal, it's just trading :) Thanks for watching!!!
HKEX:HSI1!
by ChrisPulver
Coffee Is Brewing!!!I don't know folks... again, I ain't nothing but a tier below an amateur beginning options player. There is a lot of learning still to do but I'm ready to be transparent with my thoughts and what I see a bit more often. So here with go with a previous fan favorite of Coffee Is Brewing! Coffee Is Brewing Idea #2 NASDAQ:GOOGL has earnings coming up 10/22 and has had a little bit of price action these past few weeks with a niiiiiiiiiiice Pogo Stick bounce this past Friday and closed above the previous week... all which are bullish signals, to me! Again, from my perspective I've seen Bullish action for the past few weeks. As evidenced by my NASDAQ:GOOGL 165C options exp 10/18 that I picked up at about 1.65 that ran up just shy of 6.00 and the NASDAQ:GOOGL 170C options exp 10/18, that I'm still holding. That's enough about what I had and have in play... let's talk about what I see. That right there folks looks like a cup and handle, which ultimately gets a Coffee Is Brewing tag! The bonus green drawn lines I added, some might consider a Bull Flag is starting to be established. I see another couple weeks of good runs with this AMEX:SPY small fry playa that's part of The Mag 7! I don't know about what y'all see but if you see something else, please drop a comment. If you like what you see, give ya boy a BOOST, a Follow, or a comment. I appreciate y'all for taking the time to look and we'll talk soon.
NASDAQ:GOOGLLong
by FliCityOptions
1
Mag 7 Drags Down Large Cap - Potential Index Wedge FormationsThanks for checking out the video today. It was a reasonably nice selloff today, led mostly by the Mag 7 stocks. All US Indexes were in red, Nasdaq taking the worst of it around -1.60% lower. Powell on tap for Friday with Day 2 at Jackson Hole. The market is oh so curious if the FED will cut 25 or 50 bps in September and we have plenty of news to digest prior to the official September 18 FOMC Meeting and Press Conference. If Friday Aug 23's trading day pushes lower and helps balance out the aggressive bull moves from August 5's bottom, we could see a nice wedge pattern in the works - lower highs / higher lows. Watch the S&P Daily 200 SMA or 200 EMA for some dynamic support. It will be interesting to see if the bulls and bears both get what they want with prices on the move through September with volatility returning to elevated levels > 20 perhaps. Thanks for watching!!!
AMEX:SPY
by ChrisPulver
META could fall from ATH SHORTMETA on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line. The RSI indicator shows the faster line crossing under the slower line. The relative trend index has topped out. Both represent bearish divergence. META makes its money with advertising dollars for revenue. There are increasing challengers to split revenues that could go down if a recession happens. Other headwinds are the federal regulatory blaming META for issues such as foreign interference in our elections, or child molestors floating on the platform without adequate protections for minor or collusion in a monopoly with other high flying targets. I find this to be a good juncture to take a short trade in META on a swing looking for it to last until the next earnings period.
NASDAQ:METAShort
by AwesomeAvani
Nvidia near its cycle peakYou can't turn on the TV without hearing about Nvidia that means that we're in the cycle distribution phase, can the stock rally to $1,300 certainly so this isn't a call to sell $950 today at all, but it is a call that the years high probably happens between now and July 4th start to make your exit plan now, so that when $1,300 arrives, you know what to do. as new ATH print every week, it becomes easy to accidentally wind up as a boiled frog. SMCI monster rally will chart a similar course
NASDAQ:NVDA
by noam_chom