Hello traders and investors! Let’s see how the markets are doing today! The SPX is doing a fantastic reaction, and if it defeats the 4,183 it’ll be a good sign, and it might retest the ATH again . But since it went up too fast, pullbacks are expected , and the index could drop to the 21 ema again, and this wouldn’t be a problem. The area around the 4,183...
Hello traders and investors! Let’s see how NIO is doing today! First, in the 1h chart, we see that NIO defeated the bear trend, when it broke the purple trendline , and it is not doing lower highs/lows anymore. But there’s no bull trend yet , and it seems we only have a congestion in the short-term, as the 21 ema is flat. The $ 32.58 is a support level, and it...
Hello traders and investors! Our PLTR has been doing some interesting movements in the past few days. Let’s see what’s going on. First, in the 1h chart, PLTR defeated the $ 20.18 area , which we mentioned in our last study. This was the most important point for us, and it is worth noticing how it struggled in defeating it on May 17. If you missed our last study,...
Hello traders and investors! Let’s see how the NDX is doing today! The last island reversal pattern crushed the tech index, but right now, we have some new patterns. The 13,430 is a pivot point in the 1h chart, and the index is showing some strength, as it is doing higher lows , which are all connected by the purple trendline. This gives us the idea of...
Hello traders and investors! Let’s see how Tesla is doing today! First, in the 1h chart, we see that it is trading inside a short-term congestion , between the red lines. Today, Tesla just retested the upper line, and it seems it won’t break it right now. In fact, it is doing a bearish engulfing. The 21 ema is useless during congestions, so it is not a...
Hello traders and investors! The SPX is dropping today, but how this affects the mid/long-term view about it? Let’s see. First, in the 1h chart, we see that the index just dropped to retest its 21 ema, and now it is reacting again. The SPX is doing several erratic movements, but one thing is certain: The 4183 is a pivot point , and if triggered, this could lead...
Hello traders and investors! Let’s see how NIO is doing today! First, NIO defeated the purple trendline , breaking the bear trend seen in the 1h chart. But there is no bull trend yet , as we have no higher highs/lows. But we have a pivot point at $ 34.15, and if defeated, this will be the beginning of a new bull trend in the 1h chart, which could spread to...
Hello traders and investors! Let’s see how PLTR is doing today! I have 3 key points for you. First, the $ 20.18 . This is a strong resistance, which PLTR failed to break before the recent drop. This is the most important point for a mid-term reversal. Second, we have a short-term congestion, and its bottom level is the $ 18.52 . If PLTR drops below this...
Hello traders and investors! Let’s talk about Tesla again! After it lost our Triple-Support level, it denied the bullish thesis we discussed last week. But what it is supposed to do now? TSLA just filled a gap in the 1h chart, and anything good that it could around here, would be great. But so far, we have no confirmation of any reversal sign. The trend is...
Hello traders and investors! Ok, NIO behaved exactly as we thought it would, and it did the “worst-case scenario” we discussed last week. The link to the previous analysis is below, as usual. In the 1h chart, it lost our previous support level at $ 37.54, and this made NIO just seek the next support, at $ 34.85 area. In addition, NIO is in a short-term bear...
Hello traders and investors! Let’s see how AAPL is doing today! Since last month, when we were discussing the reversal patterns AAPL was doing, our view was clearly bullish. Now that it went from $ 120 to almost $ 140, what’s next for it? Well, in the 1h chart we have again some nice reversal patterns. Apple is doing higher lows , and if it breaks the blue...
Hello traders and investors! Let’s see how the SPX is doing today! As we discussed in our last study, SPX is in a bull trend, and we have no convincing reversal sign around . Honestly, I overestimated the bears and thought they would make the index retest the 4,119, but they couldn’t even do that. But how about now? The main challenge SPX has is the purple...
Hello traders and investors! Let’s talk about PLTR today! In our last analysis, I told you PLTR’s movements didn’t convince me, and the conclusion was that it needed to mature its movements a little bit more. The link to our last study is below this post, as usual. Now it seems we have something new that could make PLTR do another good movement next. We could...
Hello traders and investors! Let’s talk about Tesla today! Ok, Tesla materialized the worst-case scenario we talked about in our last study ( link below this post), and now it is trying to bounce back, as expected. We discussed that this is as far as Tesla could go in the short-term, and now Tesla is almost triggering a bullish structure, or a pivot point ,...
Hello traders and investors! Let’s see how the SPX is doing today! The index is dropping a lot, but maybe it is not the end of the world ( at least not yet ). The thing is, in the 1h chart the index did a breakaway gap , breaking the previous support level at the red line. This usually indicates a strong movement ahead, and the next target is the 4,119 area,...
Hello traders and investors! Let’s see how NIO is doing today! It is dropping quite sharply, but let’s see if there’s any reason to be worried. * It is a shame that our stream didn't work well. Last time everything occurred just fine. It seems Tradingview is not a reliable platform yet, but hopefully they will fix its glitches. * First, in the 1h chart, NIO...
Hello traders and investors! Let’s see how the NDX is playing today! • A QUICK MESSAGE: Next Monday, I invite you to join me in our next stream ! One hour before the market closes (3 p.m. NY time). Check this link: www.tradingview.com It opened above the 14,050 today, and it quickly lost it, just to hit the 61.8% Fibonacci’s Retracement . Now, it is doing...
Hello traders and investors! Let’s see how NIO is doing today! The stock has been doing very technical movements lately! • A QUICK MESSAGE: Next Monday, I invite you to join me in our next stream! One hour before the market closes (3 p.m. NY time). Check this link: www.tradingview.com NIO defeated the Dual-Resistance level we discussed in our last analysis, as...