Daily golden cross just printed on major tech. Here's what's setting up:
$NVDA sitting at 237-239 after pulling back from 243. MACD still above zero, all moving averages stacked bullish. Consolidation phase but trend intact.
$AAPL became the safe haven play and broke out first. Hold above 335 = steady grind higher.
$GOOGL printed a hammer candle today with strong rejection wick. Bulls showing up. 350 is the line - hold it and we're looking at 360 first, then 400-450 channel top.
$AMZN daily golden cross confirmed. Base rounding up. 260 is the breakout level. Clear 260 and hold = explosive move. Fail = more consolidation.
$SPCX got too hot too fast, now digesting. 165 is life or death. Hold 165 + 30min MACD cross = next leg up. Lose 165 = dump to 160-158.
$TSLA hit resistance after the rip. 370 is the pivot. Above 370 = continuation. Below 370 = chop or pullback.
$QQQ printed an indecision doji today. Break above the high = new rally leg. Break below the low = correction incoming.
$SPY reality check: the index is being carried by mega caps while everything else is bleeding. If breadth doesn't improve, it's just mega cap rotation.
Mega caps holding the line while the rest of the market is in a bear trend. Trade accordingly.
$NVDA sitting at 237-239 after pulling back from 243. MACD still above zero, all moving averages stacked bullish. Consolidation phase but trend intact.
$AAPL became the safe haven play and broke out first. Hold above 335 = steady grind higher.
$GOOGL printed a hammer candle today with strong rejection wick. Bulls showing up. 350 is the line - hold it and we're looking at 360 first, then 400-450 channel top.
$AMZN daily golden cross confirmed. Base rounding up. 260 is the breakout level. Clear 260 and hold = explosive move. Fail = more consolidation.
$SPCX got too hot too fast, now digesting. 165 is life or death. Hold 165 + 30min MACD cross = next leg up. Lose 165 = dump to 160-158.
$TSLA hit resistance after the rip. 370 is the pivot. Above 370 = continuation. Below 370 = chop or pullback.
$QQQ printed an indecision doji today. Break above the high = new rally leg. Break below the low = correction incoming.
$SPY reality check: the index is being carried by mega caps while everything else is bleeding. If breadth doesn't improve, it's just mega cap rotation.
Mega caps holding the line while the rest of the market is in a bear trend. Trade accordingly.