Technical Analysis for JPM * Trend Overview: JPM has been on a steady incline, breaking above a critical resistance zone near $270, now acting as short-term support. The current structure shows higher highs and higher lows, with bullish momentum intact. * Volume Insight: Increasing volume during the recent breakout suggests strong buying interest, confirming the...
Technical Analysis (TA): * Current Trend: Boeing (BA) is trading in an upward channel, attempting to break through the resistance zone around $182. The stock has shown strong momentum in recent sessions, supported by increased volume. * Key Levels: * Immediate Resistance: $182 (psychological level and near-term high). * Support Levels: $178.19 (recent...
Market Structure Analysis * SPY is consolidating near the $599-$600 level after a recent bounce off the $590 support zone. This indicates a short-term range between $595 and $601. * The MACD is flat and slightly bullish, suggesting indecision but with a potential upward momentum if buyers sustain pressure above $600. * The Stochastic RSI is near the overbought...
Key Observations from the GEX: 1. Gamma Exposure (GEX): * CALL GEX Dominance (52.4%): Indicates a relatively bullish sentiment, with more exposure leaning towards upward price momentum. * This suggests market makers might facilitate upward movements until resistance levels are reached. 2. Key Levels: * Highest Positive NETGEX (Resistance): Near...
Key Observations from GEX Chart 1. Call Resistance: * $610 is the key resistance level, marked by the highest positive gamma exposure, likely acting as a ceiling for SPY. * Additional resistance is present at $603. 2. Put Support: * $595 serves as critical support, aligning with the highest negative gamma exposure. * Below this, $580 is the next...
Key Observations from GEX Chart 1. Call Resistance: * Key resistance levels are observed at $420 and $415, with a strong gamma wall acting as a potential rejection zone. 2. Put Support: * The strongest support is near $405, aligning with a high concentration of negative gamma exposure. Below this, $400 serves as additional support. 3. Gamma Pivot Zone: ...
Key Observations from GEX Chart 1. Call Resistance: * Key resistance is at $420, with additional resistance at $412.5. Breaking through these levels could trigger further bullish momentum. 2. Put Support: * The highest negative gamma support level lies at $365, which serves as a critical support. Below this, additional support is visible at $350. 3....
Key Observations from GEX Chart 1. Call Resistance: * Significant call resistance at $250, with additional resistance at $240. These levels act as major upside barriers for AAPL unless there is a strong bullish catalyst. 2. Put Support: * The highest negative gamma concentration is seen at $220, providing solid support. Breaking below this level could...
Key Observations from GEX Chart 1. Call Resistance: * Strong call resistance at $210, indicated by the highest positive gamma concentration. This level is likely to act as a ceiling unless there's a strong bullish breakout. 2. Put Support: * Significant put support is observed at $185, with additional support near $180. These levels are critical for...
Key Observations 1. Put Support: * A significant put support level is observed at $115, with a high negative gamma exposure of -73.82%. This level is likely to act as strong support due to market makers hedging their positions. 2. Call Resistance: * Call walls are visible at $125 and $140, with the second call wall at $140 being the strongest resistance...
Technical Analysis: 1. Trend Overview: * SPY is consolidating within an ascending wedge pattern but is now testing critical support levels near $598. * MACD shows bearish momentum as the histogram dives deeper into negative territory. * Stochastic RSI has entered oversold territory, hinting at a potential bounce but no confirmation yet. 2. Support and...
Technical Analysis Overview: 1. Trend Analysis: * QQQ is trading within a broad descending wedge, approaching critical support near $510. Resistance remains strong near $533, where previous highs align with the upper trendline. * The current drop indicates bearish momentum, but potential reversal signs may emerge as it tests lower boundaries. 2....
Technical Analysis: * Trend Overview: IWM shows signs of consolidation after a rejection from the $230 resistance level, creating a descending pattern. * Indicators: * MACD: Bearish momentum is building as the histogram dips further below the zero line. * Stoch RSI: Oversold conditions with potential for a short-term bounce. * Key Levels: * Resistance:...
Technical Analysis: * Trend Overview: NVDA has recently broken below the short-term support trendline, aligning with a bearish pattern. The stock is testing a critical support zone around $116, with declining momentum. * Key Indicators: * MACD: Bearish crossover with increasing negative divergence indicates selling pressure. * Stoch RSI: Currently near...
Technical Analysis: * Trend Analysis: AMZN is consolidating within an upward channel, indicating a potential continuation of the uptrend if resistance levels are breached. * Key Levels: * Support: $232.20, followed by $225.85. * Resistance: $241.77 (recent high) and $250.00 (psychological level). * Indicators: * MACD: Bearish divergence signals a...
Price Action Analysis Tesla (TSLA) continues to demonstrate high volatility, trading within a range defined by critical support and resistance levels. The stock recently attempted to breach the $420 resistance but faced rejection, with current trading levels near $402. Downward momentum is building, indicated by increasing selling pressure and key technical...
Technical Analysis (TA) Overview for AAPL: * Price Action: AAPL faced a sharp sell-off from the $247 region, breaking below intermediate support at $240. Currently, the price hovers near $233. The volume spike during the breakdown signals strong bearish sentiment. * Trend Lines: A narrowing wedge is forming with lower highs and support near $230, marking this...
Technical Analysis (TA): Current Price Action: * GOOGL has recently broken out of a descending channel and is now trading above $200, showing bullish momentum. * The price reached a high of $205.48 and is currently consolidating. Key Support and Resistance: * Support Levels: * $200 (psychological level and recent breakout point). * $192.50 (historical...