Hello traders and investors! Let’s see how SPY is doing today. Yesterday, we successfully identified a bottom level, and now it is reacting accordingly. What’s next? In the 1h chart, it gapped up, and now it is trading above the 21 ema. This is a very good sign, and in theory, it will keep trending as long as we don’t see a reversal around. What could ruin the...
Hello traders and investors! We successfully identified yesterday as a bottom level, and today it is going up sharply after it triggered the key point we mentioned. In our previous study, I mentioned the $ 896 as our main key point. Today it broke this point by doing a Gap, making it a Breakaway Gap. TSLA could retest the $ 896 as a support again in the future,...
Hello traders and investors! Let’s see how SOFI is doing today! We’ll do a complete Multiple Time Frame Analysis (MTFA) and analyze the H, D and W charts. First, we see that SOFI is doing what seems to be an Ascending Triangle chart pattern in the 1h chart. It is reacting near its support level, which is expected, and in theory, it is heading to the resistance...
Hello traders and investors! Let’s see how AMD is doing today! First, the stock failed miserably in retesting the $ 141, which is still a technical target for it, but the moment it lost its 21 ema it got too weak. However, the recent drop seems ok, as it just went down to fill the previous gap at $ 117.26, and it seems it is stabilizing in this area...
Hello traders and investors! In our last study on NVDA, last week, we did a very competent job, and we nailed where the bottom would be. Now, it is going up sharply, so we must update a few things. Oh, and the link to my previous study is below this post, as usual. In the 1h chart, NVDA did exactly as expected, and hit our support level at $ 239, and I did a...
Hello traders and investors! Yes, AAPL did exactly what we expected, again, and we have a few points to update. First, in the 1h chart, it lost the support at $ 170, and it hit our target at $ 166. In our last analysis, we mentioned how the $ 166 was important for AAPL, and it seems we understand it right. If you want to know why, just read my previous analysis....
Hello traders and investors! Let’s see how AMZN is doing today! First, in the 1h chart, we see a bear trend. It is under the 21 ema, doing lower highs/lows. However, the situation is more complex than it looks. It seems AMZN is trying to react, and if it does, it could break the $ 3,169, which is a clear pivot point. This would trigger a bullish structure on...
Hello traders and investors! Let’s see how TSLA is doing today! In the 1h chart, we see how TSLA reacts well to the technique. The moment it lost the support at $ 896 (black line), it bounced back up again and retested this point again as a resistance, exactly as the Principle of Polarity states (previous supports/resistances will work as resistances/supports in...
Hello traders and investors! Ok, the SPX did exactly what we mentioned it would in our last public analysis (link below). Let’s see what’s next. In the 1h chart, it lost the black line at 4,453 in one single bearish leg. When this happens, hardly the index keeps dropping. The market requires clear bearish structures in order to engage bearish trends, and when we...
Hello traders and investors! Let’s see what’s the problem with NVDA, and do a Multi-Time Frame Analysis (MTFA) on it. In the 1h chart, it seems it just filled its previous gap, and it is heading to the next support at $ 246. However, despite the lack of bullish reaction, the trend is still bullish (in the short term), as NVDA is still doing higher highs/lows. It...
Hello traders and investors! Let’s take a look at AAPL! We have many interesting key points to watch today. First, in the 1h chart, AAPL did the breakout we were expecting, and it almost hit the resistance at $ 177 ( it missed by a few cents), and now it is dropping again to its support level. This movement was expected, as it is range trading, like many other...
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, triggering a bearish reaction, as expected. The correction was quite sharp, but is this a reason to panic? To be honest, I was expecting a sharper correction, maybe to the previous support at the black line, but the index...
Hello traders and investors! Let’s talk about DIS today, as it is flying after earnings, and do a complete Multiple Time Frame Analysis (MTFA) on it. When we see a movement like this, it is important to not get emotional and euphoric, and see the situation as it is. As a trader and long-term investor in DIS, I’m very pleased with this movement, however, is it...
Hello traders and investors! Let’s see how TSLA is doing today! It has been doing nothing surprising, since our last analysis, however, it is important to stress how important the $ 943 area is. Today is the third time it is retesting this resistance after our previous analysis, when we identified it. Link to my previous analysis is below this post. As long as...
Hello traders and investors! The index is behaving exactly as we expected, despite the volatility after CPI. Even during stressful scenarios, technical analysis works amazingly well. The index dropped this morning, only to bounce back up at the 21 ema in the 1h chart, and to fill the last gap at 4,531.32 (dashed line), exactly as we said it would on our study...
Hello traders and investors! Let’s do a quick study on the IXIC. The index is having a hard time now that we hit our resistance and filled the gap at 14,387, and this is expected. This could trigger a pullback all the way down to the previous gap at 14,226, and the 21 ema area. Together, these supports form a dual-support level for the short-term. If we lose...
Hello traders and investors! Today, the SPX hit our first gap, as we expected. However, we must be careful, as the situation is quite complex. First, in the 1h chart, the index moved according to our bullish thesis: It broke the purple line, traded above the 21 ema, and it filled its first gap at 4,583. This point is a natural resistance, and if we see a...
Hello traders and investors! Let’s look at AMD today, as it has been doing many bullish candlestick/chart patterns all around. It is a real Technical Analysis class. To start our Multi Time Frame Analysis (MTFA), let’s take a look at the 1h chart. First, it triggered an Inverted Head & Shoulders chart pattern, reversing the previous bearish sentiment, and...