Two Spots For $SPX
While the weakness in tech and semis continues, it leaves the $SPX trading between two key levels. Let’s discuss the potential roadmap from here heading into the end of the week.
list of daily videos
While the weakness in tech and semis continues, it leaves the $SPX trading between two key levels. Let’s discuss the potential roadmap from here heading into the end of the week.
The “market” may be just a way to talk about the S&P and NASDAQ, but it’s not the whole market. Right now the relative performance is not in tech but in financials, healthcare, staples, and even gold miners.
With the NQ undercutting important support, the odds were that the ES would follow.
Setups aligned for new ATH in the indexes, barring some exogenous event, so let’s review the setups and the rationale.
After 30 plus years of trading, what stopping account growth comes down to three things: it’s position sizing too large, risk to target, or pattern daytrading rule limitations. The good news? All three are fixable.
NVDA sold off after an earnings beat. Is this just a short-term setback or the start of a move back down? The Voodoo Lines can give us benchmark levels to help answer the question.
The mid-day weakness in the NQ was a great tell the ES would take a dive.
In this video, Allison walks through the Daily and Weekly Time frame going over a potential Bullish entry on META. She also walks through a few different trade ideas to consider.
Everyone is caring about NVDA earnings today, and you can make your own judgement about how that turned out, but there are so many other tickers out there that have been telling TG what to expect from the market. Don’t forget that rates are getting cut soon, which might open up other segments of the market to strength.
We shorted GOOGL today when it wouldn’t bounce, even though broad markets were rallying.