Indices paused yesterday but kept above key support areas. The longer we hold within this range, the higher the probability we will see a leg higher. No FOMO!Read more
Our focus this morning will be on $AMD and $AAPL to see if they play some catchup or drag the entire market to the downside. A controlled pullback may occurRead more
- Despite Friday’s weak action in the market, the lows from Thursday have been defended. See if this area holds once again today for clues. Watch the action in semiconductor stocks and crypto for clues! $AMD, $NVDA, $BTCUSD, $ETHUSD
- Short week! Inside day?
- Markets reverse, $NVDA craters and a new Jobs report!
- $NVDA will be the best barometer for today’s action. See if it stays above the yearly lows at $140.55 for clues. A break and close below this area will bring about more sellers. A higher low and possible rally to $150 will likely lift the mood on Wall Street
- With futures down sharply see if we put in a trade-able low in the first 15 minutes. The extreme oversold nature of the market will most likely lead to a snap-back rally. Keep an eye on $NVDA for clues
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