Hello traders and investors! Let’s update our thoughts on the SPX, as it has been a while since my last analysis on it. First, the index triggered a bear trend since it lost the support at 4,073. The downtrend was sharp, however, we must pay attention to some key points. First, we have three gaps – the first one was already filled today. Second, after many...
Hello traders and investors! Let’s see how AAPL is doing today! It did exactly what we expected it would, since our last analysis. Now we must update our thoughts. First, in the 1h chart, it did what it was supposed to do, and it dropped to the $ 144 area to fill the gap (blue square). Since this gap was around the 38.2% Fibonacci’s Retracement, the price found...
Hello traders and investors! Let’s see how the SPX is doing today! In the 1h chart, the index is still inside a range between 4,168 and 4,073, the 21 ema is flat, and its movements have been erratic in the short-term. This is just a consequence of this congestion, and it must either lose the 4,073 to reverse the trend, or break the 4,168 in order to resume the...
Hello traders and investors! Since my last update, NVDA is doing exactly as expected. Let’s see what to expect from here. First, in the 1h chart, NVDA broke our line at $ 182.90, and it kept going up, as the momentum was clearly bullish. Since then, it seems NVDA lost its strength, but as long as we stay above the $ 182, it won’t reverse and turn bearish...
Hello traders and investors! Let’s see how the SPX is doing today! Yes, we are still in a congestion, in the 1h chart, trading between the resistance at 4,168 and the support at 4,073. The 21 ema is flat, another indicator of congestion. Since the previous bias was bullish, the odds are that it’ll continue the bullish momentum, but it must confirm by breaking...
Hello traders and investors! My last analysis on AMD was on April 27, but my previous reading was very accurate, as it respected our key points very well (link to my previous analysis below this post, as usual). Now, we must update a few things. First, in the 1h chart, AMD reversed the trend, as we expected, and even when the volatility increased, it couldn’t...
Hello traders and investors! Let’s see how the index is doing today! As we expected, it is doing exactly what it should do, as it corrected, but didn’t lose the support at 4,073, and now it is trying to react. We discussed this possibility yesterday, and the link to my last analysis is below this post, as usual. In the 1h chart, the 21 ema is flat, and it seems...
Hello traders and investors! Yes, AAPL did exactly as we expected in our last analysis, but it is time to update some key points. As we expected, AAPL reversed the trend on May 23, it hit our target, and now it seems it is getting weaker again. The link to my previous analysis is below this post, as usual. Now that the trend is weaker, AAPL could easily drop...
Hello traders and investors! Everything is going according to the plan here, and the index is struggling at our resistance around 4,168. Let’s see what to expect from here. First, the index did exactly what we expected in our last analysis, as it broke the green line at 4,128, and it is seeking its next resistances. The 4,168 is working well for now, and it...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, it is doing as we expected in our last analysis (link below this post, as usual), as did a pullback to the 21 ema, and now it is just dancing around it, moving erratically. Now we must keep our eyes open, and watch closely the next key points. It seems the SPX is just...
Hello traders and investors! Let’s see how RIVN is doing today! For the first time, RIVN is doing a clear bullish structure, and this could indicate a reversal ahead. In the daily chart, we see that for the first time ever, RIVN has a clear bullish structure, as it just did a higher high/low, and triggered a pivot point. In addition, it is trying to leave the 21...
Hello traders and investors! We nailed another target on the index, but it seems it wants to do a top sign now. The link to my previous analysis is below this post, as usual. Let’s see what’s going on. First, in the 1h chart, it broke our target at 4,096, and it is trading above this resistance. Since it is a bull trend in the 1h chart, any pullback to the 4,096...
Hello traders and investors! Let’s see how NVDA is doing today! To me, NVDA is one of the stocks with the highest potential, if everything works out, of course. Let’s do a complete Multiple Time Frame Analysis (MTFA) on it today. First, in the 1h chart, it finally broke the $ 168 area (black line), which was a support and resistance multiple times in the past. By...
Hello traders and investors! Let’s see how AMZN is doing today! Like many other stocks, AMZN is trying to reverse. After finding a bottom around the $ 2,048 (blue line), AMZN bounced and it dropped again to this line, making this a possible Double Bottom chart pattern. This is a powerful reversal pattern, and usually it works very well, when triggered. In this...
Hello traders and investors! Let’s see how the SPX is doing today! It is doing exactly what we were waiting for since my last post (link below). Yesterday we triggered the reversal pattern we’ve been waiting for, by breaking the 3,979, now we are just seeking our next target at the 4,090 area, and the gap around 4,075 will probably help us here. Remember, gaps...
Hello traders and investors! Let’s see how the SPX is doing today! Again, the 3,979 worked as a resistance, and this is not a surprise at all. We've been talking about the 3,979 since last week, and we know that as long as the index stays under this price, it can’t do a decent reversal. The link to my previous analysis is below this post, as usual. At least,...
Hello traders and investors! Let’s see how the SPX is doing today! Yesterday’s reaction was quite good, but as we thought, not enough to trigger a real reversal. We pointed to the 3,979 (black line) as the main resistance to break, and not surprisingly, this point was yesterday’s high multiple times before it melted today. The link to my previous analysis is...
Hello traders and investors! Let’s see how AAPL is doing today! First, we see a very strong reaction, breaking the 21 ema along with the previous resistance at $ 140. This seems to be a V-shape recovery, just as the SPX is doing. This is a good indicator, and this could be the beginning of a reversal on AAPL, but we must see more confirmation signs around. A...