Hello traders and investors! Let’s see how the index is doing today! First, it is back to our “neutral zone”, but the reaction since the last bottom was quite strong, and we broke the 21 ema as well. Now, it seems it has only to break the resistance at the 3,979 area in order to fully reverse and enter bull territory. If it drops again, that’s expected, but if...
Hello traders and investors! Let’s see how the SPX is doing today! First, it crashed a lot yesterday, losing the 21 ema, frustrating any possible bullish reaction. Right now, we don’t see any reversal sign, and there’s nothing indicating that the index could recover from here. However, it is not all bad. If the SPX keeps dropping, we have a support at 3,858,...
Hello traders and investors! Let’s see how NVDA is doing today! In the 1h chart, NVDA is very erratic, moving sideways, and we don’t see any clear structure that could confirm a bullish or bearish trend. What’s more, it is dancing around the 21 ema (which is flat), and the volatility was quite high today, thanks to Unemployment Rate and Payroll today. We do...
Hello traders and investors! Let’s see how the SPX is doing today! Yesterday, we talked about the 4,148, and how this was our key support level for the short-term. This understanding proved correct, as the moment we lost it, the market dropped sharply, and today, we almost hit the previous support at 4,062. If you missed my previous analysis, just check the link...
Hello traders and investors! Despite the volatility, the index did exactly as we described in our last analysis. It hit our target, and it is crashing. Let’s see what’s going on. Yesterday I mentioned the 4,200 as the key point that would bring the index to the 4,299 (purple line). The index hit our target with an incredible precision, just to drop again. The...
Hello traders and investors! Let’s see how AAPL is doing today! First, in the 1h chart, it is breaking the $ 160 line, triggering a pivot point that could work as a reversal for the next few days. The 21 ema worked as a support a few times, and it just might work again, as the trend is getting bullish now. The $ 171 area seems to be the most important...
Hello traders and investors! Let’s see how the SPX is doing today! First, it is doing exactly what we expected it would, as it corrected in the 1h chart. It just hit its 38.2% Fibonacci’s retracement, and it is reacting now. We talked about this yesterday, in my previous analysis, and the link to it is below this post. This reinforces the reversal patterns it...
Hello traders and investors! Let’s see how NVDA is doing today! Since our last update, it dropped a lot, and it couldn’t trigger any reversal sign, but right now, there’s a light in the end of this tunnel. The indices are reacting nicely, and this will surely affect NVDA. We don’t see any clear bullish reversal sign, but we could see one if it breaks the $ 200...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see that it is reacting nicely, after yesterday’s crash. This is a good recovery, and might be the beginning of a reversal, the problem is that we don’t see a clear bullish structure yet, and the index is still in a bear trend, doing lower highs/lows. In the 1h chart,...
Hello traders and investors! Let’s see how AMD is doing today! First, in the 1h chart, we see a strong bear trend, and there’s nothing indicating it’ll reverse. As long as we keep seeing lower highs/lows, we can’t say it is a buy. However, AMD has a few key points that if broken, it could trigger a reversal. First, we have the 21 ema, working as a resistance for...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, it lost the support level we mentioned yesterday (4,200), and it dropped a little bit more after that. However, we see some reaction right now, and if the index closes above the 4,200, the market might understand it as a false breakout from a previous support, making this...
Hello traders and investors! The SPX dropped sharply after it lost our support at 4,456, so we have a lot to update. First, as we already discussed in my last analysis, the 4,456 was the key point, and only by losing it, we would see a bearish reversal. I’ll leave the link to my previous analysis below this post. Now the index lost all of its support levels, and...
Hello traders and investors! Let’s see how AAPL is doing today! First, AAPL confirmed a bullish structure, and it has been doing higher highs/lows in the 1h chart. However, it just hit a possible resistance point at the $ 171 (blue line). This resistance might be enough to make AAPL correct, but as long as it doesn’t trigger any bearish structure, the short-term...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see higher highs/low, so it is a short-term bull trend. Yesterday, the 21 ema and the 4,456 did a great job supporting the price, and today we are just trying to resume the trend. This movement is normal, and it was expected, so no surprises here. To me, the 4,456 is...
Hello traders and investors! Let’s see how NVDA is doing today! First, in the 1h chart, it jumped nicely, but in the end, we couldn’t close above the $ 223, which is the most important resistance level for the short/mid-term. Only if NVDA breaks this point, and closes a candle above it, we’ll see some strength. While the $ 223 is the most important resistance,...
Hello traders and investors! Let’s see how the SPX is doing today! In the 1h chart, we see the beginning of a bullish reaction, as the index finally broke the 4,456 area, which was the most important resistance for the short/mid-term. Today, the index hit its first target at 4,481 by filling the gap, and now it is losing strength, as expected after hitting a...
Hello traders and investors! Let’s see how AMD is doing today! First, in the 1h chart, AMD is in a clear bear trend, but there’s hope it could reverse soon. For the first time since it was trading at $ 125, it is actually breaking the 21 ema, and we do have the beginning of a bullish structure. The black line at $ 98.38 is the most important resistance for us,...
Hello traders and investors! Let’s see how AAPL is doing today! In the 1h chart, the trend is clearly bearish and we don’t see any bullish reversal structure so far. However, if it breaks the 21 ema along with the resistance at $ 166, it might be the beginning of a reversal. If AAPL confirms a reversal sign, the next gap at $ 174 will be our next target. This...