📉 Technical Analysis (Weekly Timeframe) Market Structure & Trendlines * SOL has been consolidating within a rising trendline support while facing resistance at $210 - $220. * The ascending trendline support from 2023 remains intact, providing a potential bounce level near $190 - $195. * A break below $190 could trigger further downside, while a successful hold...
Technical Analysis (TA) Current Market Structure: * Price Action: XOM has rebounded strongly from the $108 support level, forming an ascending trendline while approaching a key resistance near $111.10 - $112.00. * Trendlines: There’s a breakout attempt from a wedge pattern, indicating a possible continuation toward higher levels if sustained buying pressure...
📊 Market Structure Overview: * AMZN is currently recovering from a recent pullback and is forming a higher low, indicating potential bullish momentum. * Price is attempting to break out of a descending trendline, showing signs of strength. * Strong resistance is visible near $235, while $230 and $228 serve as key support levels. 🔍 Key Levels to Watch: *...
Technical Analysis (TA) 📌 Current Price: $133.15 📌 Resistance Levels: * $135.00 (Short-term resistance) * $140.00 (GEX Call Wall & potential breakout zone) * $153.00 (Major resistance from past price action) 📌 Support Levels: * $130.41 (First key support) * $124.98 (Stronger support zone if price pulls back) * $120.00 (Critical level near put walls) 📌 Trend...
Market Overview SPY is experiencing a pullback within an overall uptrend structure. The price is testing a key support zone near $600, while options gamma positioning indicates pivotal areas for potential reversals or continuation moves. Technical Analysis 1. Trend Analysis: * SPY recently broke below a short-term ascending wedge pattern, signaling a...
Market Overview Apple's price has shown signs of consolidation after a recent decline, trading near a critical support zone. Options gamma levels suggest a pivotal area around $225-$228, where market makers' activity could influence short-term price movement. Technical Analysis 1. Trend Analysis: * AAPL is in a short-term downtrend, respecting a descending...
Market Overview Tesla's price action suggests a continuous downtrend within a descending channel on the hourly chart. The volume profile aligns with bearish momentum, as sellers maintain control near key support levels. The GEX (Gamma Exposure) insights provide critical levels for options-based decision-making. Technical Analysis 1. Trend Analysis: * TSLA is...
Technical Overview: 1. Price Action: SPY has been consolidating near the $605 zone, with a slight bullish bias as it approaches key resistance levels. 2. Support Zones: * $600 (psychological level and prior support). * $595 (secondary support, aligned with PUT Support). 3. Resistance Levels: * $610 (previous high and close to the second CALL Wall). ...
Chart Insights (Hourly Timeframe): 1. Trend Analysis: * The price shows an upward trend within a rising channel. Support levels align with the lower trendline around $827, while the upper boundary projects resistance near $880–$900. * MACD: A bearish crossover with a declining histogram suggests a possible pullback or consolidation phase. * Stochastic...
Technical Analysis (1-hour Chart) * Trend: JPM has been in a strong ascending channel, with higher highs and higher lows forming a wedge pattern. The price is approaching key resistance levels near $277.50–$280. * Volume: Increased volume supports the upward movement, but overextension signals potential exhaustion. * MACD: Momentum is positive but weakening,...
Technical Analysis: * Trend: The chart indicates META is forming an ascending wedge, signaling potential bullish continuation if the price breaks above the resistance at $720. * Support and Resistance: * Immediate resistance lies at $718.90, which aligns with the highest positive NETGEX level and CALL resistance. * Support is observed at $704.87 and a...
1. Trend and Price Structure: * MSFT is showing signs of consolidation within an ascending channel. * Immediate support is observed around $413.92 (lower channel line), with resistance near $420 (top of the channel). * The price action indicates potential upward movement if it breaks above the $416.30 level with sustained volume. 2. Indicators: *...
Timeframe: 1-Hour Chart Market Overview * Current Price: $370.88 * Key Resistance Levels: * $380: Immediate resistance. A breakout above this level aligns with a potential gamma squeeze. * $400: Higher resistance and critical level for bullish continuation. * Key Support Levels: * $363: Closest support, aligned with the highest negative GEX level. ...
Technical Analysis: 1. Current Price Action: * SPY is trading near $604.74, showing a breakout attempt. * Immediate resistance is at $609.96 (today's high), while strong support lies near $600.00. * The symmetrical triangle formation suggests a potential continuation, with volume confirming bullish momentum. 2. Indicators: * MACD: Bullish...
Technical Analysis: * Current Price Action: QQQ has displayed a steady bullish trend, breaking into higher highs and nearing the key resistance of $531.52, with intermediate resistance around $530. * Trendlines: A strong ascending channel is observed, aligning with positive momentum. A breakout above $531.52 could open the door to further bullish momentum towards...
Technical Analysis (TA): 1. Current Price Action: * IWM is trading near $229.91 after a strong upward move, with a daily high of $230.36. * The price is approaching a key resistance zone around $230, aligning with a psychological round number level. 2. Trend Analysis: * The price has been in a clear uptrend since bouncing from the $220.64 support...
Technical Analysis Overview: DIA (SPDR Dow Jones Industrial Average ETF) is approaching a significant resistance zone at $450.56, which aligns with the highest positive Gamma Exposure (GEX). The upward channel suggests a bullish continuation, but the proximity to resistance warrants caution. * Current Price: $449.20 (as of the last chart). * Resistance Levels: ...
Technical Analysis (GLD): * Trend Overview: GLD has been following an ascending channel, with price action respecting the upper and lower bounds. * Support Levels: Immediate support lies at $262.50, followed by stronger support at $257.87. * Resistance Levels: The price is currently testing $265.99, the upper resistance of the channel. A breakout above this...