Hello traders and investors! Let’s see how the SPX is doing today! Last Friday reacted nicely by the end of the day, so we have to update our thoughts. In the 1h chart we see that the index almost hit our target at 4,500 (we missed by 6 points). In addition, we see a classic Bullish Sandwich candlestick pattern, a pattern named by me, because we see a bearish...
Hello traders and investors! AAPL is correcting nicely as we expected since our last analysis, so we have a few points to update! The link to my last analysis on AAPL is below this post. First, in the 1h chart, AAPL lost the green line we mentioned, which was the first trigger of a correction. What’s more, it did a bearish structure, a bearish pivot point, when...
Hello traders and investors! Despite the drop, the index is doing exactly as the technique said it would, and we talked about this yesterday (link to my last analysis below). Is this a good buy now that it is dropping? Let's see what the technique has to say. In the 1h chart, it lost the 21 ema, and it quickly filled our gap (blue square), making it an Exhaustion...
Hello traders and investors! Let’s see how SQ is doing today! Despite the drop in the past two days, SQ just reversed its bear trend and now it is in a bull trend. We see higher highs/lows, it is trading above the 21 ema, and the volume is increasing, just after it hit the support at $ 87 (keep this price in mind). It is the first time we see SQ doing these...
Hello traders and investors! Let’s see how NVDA is doing today! First, in the 1h chart, NVDA is still in a clear bull trend, and there’s not a single bearish structure around. In this case, all we can do is assume it’ll keep pushing up, until it hits the next resistance level, which we’ll talk about soon. However, the most important key point on NVDA is the...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see a correction to the 21 ema, and the price is trying to react, as we expected (link to yesterday's analysis is below this post). This is good, and this correction doesn’t invalidate the bull trend, as the index is still doing higher highs/lows. There isn’t any...
Hello traders and investors! Let’s see how the SPX is doing today! In the 1h chart, we see that the index is respecting our support at 4,595, and only if we lose this point I’ll believe it could drop more. If this happens, we have many other support levels that could hold the price, like the gap area (blue square), the 21 ema, and the 4,500. The trend is still...
Hello traders and investors! Let’s see how AAPL is doing today! In the daily chart, we see that it is going up 11 days straight, and they were all bullish candlesticks. This is an incredible movement, and I think I never saw AAPL going up more than 11 days straight doing only bullish candlesticks. If someone here knows of a movement like this, please, tell me,...
Hello traders and investors! Let’s see how the SPX is doing today! We nailed another target, so we must update our thoughts. The index finally hit our mid-term target at 4,595, and today it is trading above this price level! That’s great, but what to do now? As I’ve been saying in the past few days, corrections are acceptable, and since we have many support...
Hello traders and investors! Let’s see how NVDA is doing today! In the 1h chart, we see a clear bull trend. NVDA is doing higher highs/lows, and there is no technical reason to believe it’ll drop or reverse. The $ 272 is a key point and an amazing support level that is holding NVDA. This point was a previous top, and it worked as a support today, and it is quite...
Hello traders and investors! Let’s see how the SPX is doing today! Despite the drop, the index is still in a clear bull trend in the 1h chart, as we only see higher highs/lows, and there’s not a single bearish structure that could convince me of a reversal (for instance: Double Top, H&S, bearish pivot point triggered, etc.). However, pullbacks are expected, and...
Hello traders and investors! Let’s see how the SPX is doing today! It did exactly what we were expecting yesterday, and it filled our gap at 4,505. Now, let’s see what’s next. First, in the 1h chart, we see a clear bull trend as it is doing higher highs/lows. We dropped just to fill the gap at 4,461, near the 21 ema, and now we are resuming the bullish movement....
Hello traders and investors! Let’s see how the SPX is doing today! In the 1h chart, the movement was very technical, as it is doing a pullback to the previous support area, and it seems it wants to react now. This support area is made of two relevant supports: The 21 ema; and the Gap at 4,461. Now, if the index confirms a bullish pattern at this support area, it...
Hello traders and investors! Let’s see how AAPL is doing today! Since it hit our last target, it has been going up nicely, and it seems nothing can stop from filling the next gap at $ 172.31. Since it broke the resistance at $ 168, this point should work as a support level in the future. The trend is clearly bullish, and there is no bearish sign around. In...
Hello traders and investors! Let’s see how the SPX is doing today! In the 1h chart, the trend is clearly bullish, as the index is doing higher highs/lows, and it is respecting its support levels nicely. So far, there is not a single bearish structure that could indicate a possible pullback ahead. The area at 4,483 is a technical support, along with the 21 ema....
Hello traders and investors! The SPX finally hit our target at 4,472! When the market crashed on Feb 24, it was a clear buy to me, and I set a target at 4,472 (breakaway gap). As Nathan Rothschild once said: "But when there’s blood in the streets". The index did many bullish signs: Bullish pivot point; Exhaustion Gap; Piercing Line in the daily chart above a...
Hello traders and investors! Let’s talk about TSLA today! We hit our target today, and we must update our key points. On Feb 24, TSLA confirmed an amazing buy opportunity, and I set a target at $ 920. One month later, we finally hit our target. The reasons why TSLA was a buy at the time are very simple, and I’ll explain why. Either way, if you want more details,...
Hello traders and investors! Let’s see how SPX is doing today, and do a complete multiple time frame analysis (MTFA) on it! First, in the 1h chart, we see a clear bull trend, as the index is doing higher highs/lows. We broke the past resistance at 4,416, and now we are heading to fill the gap at 4,472. We don’t see any top signs at this moment, and not a single...