Palantir filled the gap from their Earnings run. Sitting on the 50 EMA Support.
NIFTY needs to retract to fill gap around 17350 ~ 17450which is also 200 SMA and 300 SMA support.
SPY - Retracted from 300 SMA which is the next resistance. There is a unfilled gap around $420, which would be another resistance.
Tesla - gap ($136 to $140) from Nov 2020 has been filled today
Ford is in critical situation sitting on both 50 EMA and 100 SMA in weekly time frame. There is clear support below this moving average lines
SPY needs to retract and fill $380 which is also 0.5 Fibonacci retracement level and previous resistance. Let see if this holds next week
US Stock Index vs India Stock Index - Since Covid Low (Mar 2020)
AMC - Rejected at 200 SMA. I expect short term retraction to 50 EMA and second push towards 200 SMA, if it breaks 200 SMA, high chances reaching top of the channel.
Tuesday CPI data will determine the direction of the Stocks. SPY is currently sitting above the 100 SMA and slightly above 50 EMA. I guess, monday it will sell off to 50 EMA and Tuesday CPI data will determine the direction above or below 50 EMA
Apple ready to fill the gap around $135 and will decide the direction
Vix Retesting the bottom of the channel. Have to watch tomorrow or this week for the direction
Ford long term Target $19, short term target $16 and retract back to $14
US Dollar Currency Index sitting on 200 SMA. Probably retest 50 EMA or 100 SMA in short term.
SPY - Top of the descending channel. It broke the 200 SMA and Exp RSI in Overbought region, expecting SPY retracting back to 50 EMA in short term.
Shopify Short Term Target $42 and may retract to $29 to fill gap
RIvian hitting 200 SMA and fill the gaps around the $32 zone, $27 Zone and $24 Zone?
QQQ is still inside the Descending channel. Let us see how it is going to work this time. Everything depends on Wednesday CPI data