US Mag 7 positioning update:
$NVDA - Seasonally weak next few weeks. Either wave 2 bottomed or one more flush into a channel before rip. Every dip = entry. Watch late Sept for broader market risk.
$TSLA - Bullish. Bounced off $294 / 200-week MA. If it fails prior high, expect bullish divergence setup at lower low. Oil spike + Robotaxi + autonomous trucking = solid long-term setup.
$GOOGL - Mid-term weak. Could test $289-230 zone. Break of $325 = caution. That dip is the buy. Alt scenario: still in uptrend.
$AAPL - Rallied but every new high shows divergence. Structure compressing. Chasing here = bad R/R. Wait for pullback to moving average.
$META - Local bottom likely in. Targeting $969. If market dumps hard, might see one more shakeout, but support holding for now. Hold into prior high.
$AMZN - Leaning long. Treating prior move as wave 1, currently in wave 2. Trendline + 200-week MA = buy zones. Current price fair for adds.
$MSFT - Wave 4 likely done, continuation higher expected. Worst case = H&S top breakdown. Only hedge if it fails prior high. More likely Meta-style consolidation then breakout.
Chop is annoying but next leg up loading.
$NVDA - Seasonally weak next few weeks. Either wave 2 bottomed or one more flush into a channel before rip. Every dip = entry. Watch late Sept for broader market risk.
$TSLA - Bullish. Bounced off $294 / 200-week MA. If it fails prior high, expect bullish divergence setup at lower low. Oil spike + Robotaxi + autonomous trucking = solid long-term setup.
$GOOGL - Mid-term weak. Could test $289-230 zone. Break of $325 = caution. That dip is the buy. Alt scenario: still in uptrend.
$AAPL - Rallied but every new high shows divergence. Structure compressing. Chasing here = bad R/R. Wait for pullback to moving average.
$META - Local bottom likely in. Targeting $969. If market dumps hard, might see one more shakeout, but support holding for now. Hold into prior high.
$AMZN - Leaning long. Treating prior move as wave 1, currently in wave 2. Trendline + 200-week MA = buy zones. Current price fair for adds.
$MSFT - Wave 4 likely done, continuation higher expected. Worst case = H&S top breakdown. Only hedge if it fails prior high. More likely Meta-style consolidation then breakout.
Chop is annoying but next leg up loading.