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📺 THIS IS THE BEST $PLTR SETUP WE’VE SEEN IN MONTHS + CRYPTO IS LOOKING READY $PLTR is no longer the overhyped, “priced for perfection” trade it once was. After months of consolidation and a series of lower highs, the structure has reset, and risk/reward in $PLTR looks more...

11,471 görüntüleme • 5 ay önce •via X (Twitter)

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You could spend your Sunday looking through hundreds of charts. I already did. Here are the names, levels, and setups that actually stood out for next week ☺️ The indices are holding up, but underneath the surface the market is getting increasingly selective. Semiconductors are starting to show strength again. Bitcoin is improving. Breadth remains poor, yields are pushing higher, and macro risk is still very much alive. ↘ $MSFT is showing relative strength. ↘ $MU looks like it may be starting a new uptrend. ↘ $META remains one of the strongest charts on the board. Here’s the watchlist and recording: $SPX: Still holding above the daily trendline after last week’s breakout and backtest. Price action itself remains constructive, and as long as that trendline holds I’m cautiously optimistic we can push toward 7775 and eventually the all-time high around 7816. The concern is everything underneath the surface: yields are rising, VIX is elevated, oil remains sensitive to the Middle East, and breadth is poor. The longer SPX stalls here, the more vulnerable it becomes to a move back toward 7500. ⋆ $QQQ: Tested fresh all-time highs last week before pulling back, but buyers stepped back in Thursday and Friday. The structure remains constructive. I’m watching 748 closely. A clean break there could start the next move into new highs. $IWM: Completely different picture from SPX and QQQ. Small caps remain in a clear downtrend and continue riding the 9-day moving average lower. 275 and the 200-day moving average are now must-hold support. Lose that and downside could accelerate. ⋆ Favorites this week: QQQ, AAPL, MSFT, NVDA, AMD, BE, QCOM, COST, MU, PDD, HOOD, COIN, META and MRNA base:0xe4b20925d9e9a62f1e492e15a81dc0de62804dd4: Starting to look much better. After consolidating following the August move, Bitcoin has resumed higher and is showing relative strength. Holding 83K keeps the structure constructive, with 87K–88K next and potentially 100K beyond that. ⋆ $AAPL: Strong Friday close near the highs. As long as 340 holds, I’m looking for a push toward 345. A clean break above 345 could finally trigger the larger continuation move. ⋆ $MSFT: One of the strongest mega-cap charts on Friday. Quickly reclaimed 500 and showed significant relative strength throughout the session. I’m watching 518–520 early this week. Above that could open a move toward new highs, with 533 a logical target. $GOOGL: Attempted to push into new highs but ran directly into the daily trendline and pulled back. It is still holding the 200-day and putting in a higher low, but the price action has been difficult. Hands off until the chart gives us something cleaner. $AMZN: Still trapped in a clear downtrend. Nothing technically compelling here for me right now, so I’d rather focus elsewhere. $NFLX: The previous push toward 85 worked well, but momentum has faded and the stock has been giving that move back. No clean setup here for now. ⋆ $NVDA: Continues threatening a move into new all-time highs but hasn't been able to finish the job. I remain constructive. Above 230 early in the week opens 235, and a break through 235 could finally trigger the move into fresh highs. $TSLA: Friday’s rejection was ugly and once again showed how difficult this stock has been to hold for multiple days. Every burst of strength seems to attract sellers. The 200-day is sitting just below 400, making 400 the key level. Until Tesla reclaims it, I’m treating this mostly as an intraday trading vehicle. ⋆ $AMD: One of the stronger semiconductor charts. Reclaimed 600, backtested it and found buyers almost immediately. That relative strength keeps AMD high on the list if semiconductors continue higher. $SMH: Semiconductors are beginning to improve. SMH reclaimed the 50-day moving average and broke its daily downtrend, which could make the group an important source of leadership again. Worth watching closely this week. ⋆ $BE: Strong close near the highs after catching a bid over several sessions. Still trading inside the larger daily structure, but above 300 I think this could start squeezing and become a much cleaner momentum trade. $DELL: Continues to act extremely well. The next level I’m watching is 572. Above that could start a push toward the all-time-high area, with 600 becoming the obvious psychological target. $SMTC: Showing renewed strength alongside the semiconductor group. If SMH continues improving, this is one of the individual names that could benefit. The setup remains constructive for a potential move back toward the highs. $DDOG: Strong Friday move, but 278–280 remains significant resistance around the prior all-time-high area. A clean break through that zone could give us a quick continuation trade. ⋆ $QCOM: Another semiconductor showing improvement. Friday was strong and 205 becomes the upside trigger. I want to see 200 hold early in the week. Below that I’d step aside, but above 205 this could start moving. $HNGE: Continues trading very mechanically but remains in a constructive trend. Watching 97 for a breakout and potential push toward the psychological 100 level. ⋆ $COST: One of my playbook setups from Friday. Earnings initially gapped the stock lower, but buyers squeezed the shorts and closed it near the highs. I’m watching 925 for continuation, while a backtest into 910–912 could offer another long. Resistance sits around 935. $SKYH: Building a higher low on the daily and beginning to improve. Above 195 would make the setup considerably more interesting. ⋆ $MRNA: Had a strong week after breaking out of its daily structure and remains firmly in play. The key is reclaiming 200. Above that opens 203–205, and a clean break through that area could trigger a much larger continuation move. $SNDK: Still not offering much technically. The larger move I'm interested in doesn't really begin until it can reclaim 2000. Until then, hands off. $JPM: Remains in a strong downtrend and continues riding the 9-day moving average lower. A bounce toward 346 could actually offer a cleaner downside setup rather than a long. $GS: Similar picture to JPM. Broke the 200-day moving average and continues trending lower beneath the 9-day. Watching around 946 for a potential short if sellers continue controlling the tape. $ARM: Pulled back after testing 340. The more interesting area for me is around 300, which lines up with the top of its previous range. A clean backtest and hold there could create an attractive dip-buy setup. $MRVL: Starting to improve after breaking higher and consolidating. Watching the 267–270 area. A clean move through there could turn this into another semiconductor continuation setup. $BA: Continues looking weak after spending several sessions around 200. As long as it remains below 200–205, I’m looking at pops as potential shorts. 187–185 could become the next downside area. ⋆ $MU: One of my top watches this week. The chart looks like it is beginning a new uptrend after breaking its downtrend, successfully backtesting it and reclaiming all the important moving averages. The 9, 20 and 50-day are now stacked correctly. Above 1100 could spark a larger move toward 1250+. $IBM: Looking tired and setting up as a potential downside continuation trade. Below 225 could open 215–216, and if weakness persists, 200 eventually comes into play. ⋆ $PDD: Chinese stocks remain weak and PDD is the downside setup I like best within the group. Watching 77. A break below could open a move toward 72. ⋆ $HOOD: Still holding up relatively well, especially with Bitcoin improving. Watching 120 for a recovery. This is a close watch for me, and if crypto remains strong, it could become one of the better Bitcoin-adjacent setups. $PLTR: Strong week and still very much in play. I want to see the prior all-time-high area around 188–190 hold. If it does, another weekly continuation could create a squeeze toward 200 and eventually 207. $MSTR: Looking tired despite Bitcoin improving. There are cleaner crypto-related setups elsewhere for now. $RDDT: Potential downside setup developing. Around 144 could either become a bounce area or, if that trendline breaks, open a much larger move lower toward 115. ⋆ $COIN: Consolidating constructively after reclaiming the 200-day moving average. I'm watching for a move back above 200. If Bitcoin remains strong, I think this could become one of the cleaner crypto-related trades this week. $NBIS: Has struggled repeatedly with its downtrend line but is finally trading back above it. The backtest held, which is constructive. As long as it stays above that breakout area, I think another push higher remains possible. $NET: Continues to be one of the strongest software charts. It has been riding the 9-day moving average beautifully throughout the uptrend. A pullback toward 340, or even 330–335, could offer an attractive long if buyers continue defending the trend. $CRWD: Similar story to NET. Still one of the software leaders. A backtest of 250 that holds could create another clean continuation setup. ⋆ $META: One of my top watches this week. It printed an inside day while remaining one of the market’s strongest leaders. 745–746 is the first key level, but the bigger trigger is 770. Above 770 opens the recent highs, and above 780 could start a move toward 800+. $INTC: Another semiconductor worth watching as the group improves. 127–128 is the key breakout area. $OKTA: Pulling back into the 9-day moving average after a strong run. Watching 195 to see if buyers defend the trend. A hold could create another upside setup. $ZS: The previous uptrend has clearly weakened after losing the 9-day moving average. A recovery of 200–202 and the 9-day could spark a bounce back higher. Otherwise, the trend shift remains intact. Overall theme: The indices continue to hold up, but this remains a very selective market. SPX and QQQ are close enough to their highs that another breakout is absolutely possible, while IWM continues to deteriorate. Semiconductors are starting to improve again, Bitcoin is showing strength, and a handful of software and mega-cap names continue carrying the tape. At the same time, breadth remains poor, yields are pushing higher, VIX is elevated and geopolitical risk remains very real. I remain cautiously optimistic, but this is still a market where stock selection matters more than simply being long. ⋆ Favorites this week: QQQ, AAPL, MSFT, NVDA, AMD, BE, QCOM, COST, MU, PDD, HOOD, COIN, META and MRNA Also, I’m restarting the Small Account Challenge with $10,000 this week. I’ll be trading options directly from my playbook, explaining the setups and posting the trades as we go.

spacemonkey

18,817 görüntüleme • 17 gün önce

I spent 2 hours of my Saturday reviewing hundreds of charts. These are the setups that stood out and what you should focus on this week. Small caps are leading. Semiconductors are trying to reclaim leadership. Most of the Magnificent 7 still look tired. $IWM closed at new highs. $SMTC may be one of the cleanest setups on the board. $SPCX enters its first full week as a public company. Here’s the watchlist and recording: $SPX: Strong bounce off the 50-day. Reclaimed 7335-7340 and closed above the prior Friday low. Above 7450 opens a move toward 7520. Below 7400 puts pressure back on the market. $QQQ: Back near the highs. Above 724 keeps momentum intact and opens the door to a retest of all-time highs. $IWM: One of the strongest charts right now. Closed at new highs around 293 and continues to lead. $SMH: Semiconductors bounced hard and remain a key leadership group. Watching for continuation higher. $BTC: Attempting to form a bottom, but still no clear setup. Needs more time. $MSFT: Failed after the move toward the 200-day. No compelling setup here for now. $META: Broke below 600 and continues to look vulnerable. Could see further downside if buyers don't step in soon. $AMZN: Still holding above the 200-day. Watching 243 and 250 for signs of strength. $AAPL: Clear bear flag developing. Relative weakness remains compared to the broader market. $NVDA: Struggling below key moving averages. No clean setup at the moment. $TSLA: Better than most mega caps. Closed near highs Friday. Watching how it behaves alongside $SPCX. $GOOGL: Lower highs and below key moving averages. Needs a catalyst to regain momentum. $SPCX: First full week as a public company. Watching the IPO range closely. Above the highs could trigger momentum. Below 150 would be a warning sign. $ROKU: Huge move on strategic acquisition headlines. Above 150 keeps momentum alive. $ARM: One of the stronger semiconductor charts. Holding 380 and breaking 385 could trigger another leg higher. $AXTI: Photonics remains interesting. Watching 104 for continuation. $INTC: One of the strongest semis on Friday. Above 128 could trigger a meaningful breakout. $WDC: Filled the gap and recovered well. Watching for continuation above 572. $SNDK: Excellent relative strength. Needs to reclaim and hold above 2000. $MU: Lagging behind SNDK. Watching 1000 and 1015 closely. $AMD: Strong bounce. Holding 500 and reclaiming 510-520 could open a move toward highs. $NBIS: One of the more interesting setups. Above 240 could trigger fresh momentum. $QCOM: Double-bottom style setup near range lows. Looking for rotation back toward highs. CAVA: Quiet recovery underway. Looks capable of making a run toward 100. $WOLF: Strong relative strength. Above 26.5 remains interesting. $RL: New highs. Watching 400 hold and continuation above 405. $AMAT: Clean continuation setup. Watching prior-day highs. $GS: Improving again. Above 1080 opens the door to 1100. $JPM: One of the stronger financial setups. Watching 322. $SMTC: One of my favorite charts right now. Watching 170-173 for a breakout. $BAC: Quietly approaching new highs. $CAT: Rotation candidate if money moves away from tech. Watching 920-930. $C: New highs and one of the strongest bank charts. $HLT / $MAR: Hotels continue to show strength and sit near highs. $LRCX: Strong trend remains intact. Watching above 370. $HOOD: Strong recovery. Watching 95-96 for continuation. $GE: Constructive hammer candle. Looks capable of making another run at highs. $MRVL: One of the better semiconductor setups. Above 300 could accelerate quickly. $UNH: Quiet strength. Watching continuation toward 440-445. SNOW: Pulling back after a strong run. Needs time to reset. $RKLB: Space trade cooled significantly after the $SPCX IPO. Needs stabilization. $ASTS: Similar story. Heavy pullback after a huge run into the IPO. Overall theme: The market bounced, but confirmation is still needed. IWM, semiconductors, memory names, and financials are showing the best relative strength. Most of the Magnificent 7 continue to lag and remain below key moving averages. SMTC, INTC, SNDK, NBIS, MRVL, SPCX, and JPM are some of my favorite charts going into next week. If you like this, then like it ❤️

spacemonkey

95,758 görüntüleme • 4 ay önce

I spent 2 hours of my Saturday reviewing hundreds of charts. These are the setups that stood out and what you should focus on this week. Software and healthcare are starting to catch a bid. Semiconductors are showing fatigue. The next rotation may already be underway. 📼 Video attached (8m 25s) $SNOW is breaking higher from a strong earnings base. $PANW is reclaiming 300 and looks ready for continuation. $LLY continues to show exceptional relative strength. Here’s the watchlist and recording: $SPX: Still trapped in a range. 7338 remains the key support. Holding it keeps the higher-low thesis intact. Below 7236 opens downside toward 7150. Above 7500 would be a strong signal that the pullback is complete. $QQQ: Showing relative weakness versus SPX. Holding the 50-day moving average for now, but a break below 700 could open a move toward 685. $IWM: One of the strongest indices right now. Watching 300 closely. A breakout could trigger a move into all-time highs and potentially much higher. $SMH: Starting to roll over. Unable to hold the 9-day moving average. Below 600 could open a larger pullback toward 550. $IGV: One of the most interesting charts in the market. Software finally caught a strong bid on Friday after weeks of selling. Watching for continuation. $AAPL: Strong relative strength Friday. Above 286 could trigger a gap-fill toward 293. Above 302 would be very bullish. $MSFT: Potential swing low forming. Failed breakdown at yearly lows and a strong reversal Friday. Needs 376-380 reclaimed before confidence returns. $GOOGL: Nice bounce but still lacking a clear setup. Watching for follow-through from Friday’s strength. $AMZN: Still fighting with the 200-day moving average. Worth monitoring if the rotation into mega caps continues. $NFLX: One of the stronger recoveries. Holding 70 and reclaiming 75 could trigger a failed-breakdown move back toward highs. $NVDA: Still weak. Watching 109 and the 200-day moving average. A break there could lead to another leg lower. $TSLA: Remains difficult. Needs a move back above 400 before becoming interesting. Bigger level remains 418 near the 200-day moving average. $FCEL: Huge momentum. Watching a break above 25-26 for continuation. $MRNA: Healthcare remains strong. Watching above 68 for continuation. $NOW: Attempting to bottom. Watching for a reclaim of the 50-day moving average. $SNOW: One of the better software charts. Holding the earnings gap and breaking trend. Watching 248-250. $DDOG: Strong software setup. Holding its earnings gap and building a higher low. Watching 242. $BROS: Breaking a major daily trendline. Watching above 72 for continuation toward 80+. $CROX: Strong relative strength. Watching 130 for continuation. $LLY: One of the strongest charts in healthcare. Watching continuation above 1200 or a pullback into support. $UBER: Excellent recovery. Reclaimed the 50-day moving average. Watching 76.5-77. $XYZ: Strong close near range highs. Above 78 could open a move toward 82-85. $NET: Software leadership candidate. Watching above 240. $HUT: Strong setup. Watching a breakout above 127-130. $OKTA: Similar setup to SNOW and DDOG. Watching 125 for continuation. $OSCR: Healthcare continues to lead. Above 30 could open a move toward 37 and all-time highs. $XLV: One of the strongest sectors in the market. Healthcare continues to attract capital. $PANW: One of my favorite charts. Holding 300 and reclaiming 305-306 could trigger a major move. $CRWD: Looking constructive. Holding 700 is key. Watching 704-705. $ABNB: Watching the important 148-150 area. $SN: Strong trend. Watching 145-146 for continuation. $SPCX: Holding the 150 area. No trade for now unless it breaks below 148 or reclaims momentum higher. $MU: Pulling back after a huge run. Watching 1000 and 1100. $QCOM: Looking tired. A break below 186 could open further downside. $SNDK: Needs to hold 2000. Below that, 1850 becomes the next major area. Overall theme: Money appears to be rotating out of semiconductors and AI leaders. Software is finally showing signs of life. Healthcare continues to outperform. The best opportunities may no longer be where they’ve been for the last few months. SNOW, PANW, LLY, DDOG, CRWD, and FCEL are some of my favorite charts going into next week. If you like this, please like it ❤️

spacemonkey

56,205 görüntüleme • 3 ay önce

📺 IS MOMENTUM FINALLY BACK? A PAUSE TODAY WOULD BE HEALTHY + $META EXPLODED — IS $AMZN NEXT? + CAN $NVDA BREAK THE DOUBLE TOP? + $SPCX ANOTHER UNLOCK + $TSLA COILING Monday's rally was much bigger than most traders could have anticipated, but there were clues that something was changing beneath the surface. After the Fed, the market spent two days digesting near the upper end of its range instead of breaking down. Oil moved lower, semiconductors improved, the Mag 7 strengthened, and most importantly, $QQQ reclaimed its 8-day and 21-day moving averages. That was the signal to stop fighting the market and begin shifting from neutral/negative toward neutral/positive. Then came the explosion higher. * After such a huge candle, however, we don’t necessarily need another massive rally today. A pause or some sideways digestion would actually be healthy. That would give traders a chance to see which stocks hold up best and show the relative strength needed to lead the next move. * $QQQ is particularly important. It has spent roughly five months trading sideways, and now it’s attempting to finally leave that range behind. If momentum is truly returning, you want to identify the leaders early rather than chase them after they become extended. * The Mag 7 $MAGS gave us some of the clearest clues. $META reclaimed its moving averages, held above the 8-day and then exploded higher yesterday. That technical sequence gave traders time to adjust before the huge breakout candle. Now I am watching $AMZN. Amazon had several frustrating attempts to get going during the summer, but that happened during one of the worst momentum environments we’ve seen. The lesson: just because a setup failed in a bad environment doesn’t mean you abandon the stock when conditions improve. $AMZN is back above its moving averages, showing relative strength, and this move may only be getting started. * $NVDA is also repairing. After forming a double top around $234-$236 and pulling back toward the 100-day, it has reclaimed its moving averages and is once again within striking distance of those highs. Can $NVDA finally break the double top? * $SPCX has a different catalyst: another unlock on September 24. The big question is whether the market can absorb the additional supply. It quickly reclaimed last week’s false breakdown, but getting through the unlock while holding its structure could open the door to another move. I sold some puts around the $150 strike, based on my view that SPCX is unlikely to completely fall apart. * And $TSLA is quietly getting interesting again. #Tesla hasn’t had the same momentum as some other mega-cap names, but it’s rebuilding, working back toward key moving averages and tightening into an apex. That puts it near an important decision area. #TSLA still has to prove the robotaxi/autonomy narrative can create a new leg of sustained momentum, but technically it’s beginning to improve. * So, the bigger message today: market conditions change, and traders have to change with them. After months of chop, the signals are improving. But after yesterday’s explosive move, don’t be in a rush to chase. Let the market digest. Watch relative strength. And pay attention to the stocks that refuse to give much back. * If you found this helpful, please ❤️like and 🔁retweet

Scott Redler

12,372 görüntüleme • 22 gün önce

Qullamaggie on The Big Money is Made in Holding Winners “Exactly. Big money is made in the sitting. I absolutely agree. All my biggest winners this year, SE, I was in this thing for what? 4 months? 3 months? Went up 160%. It didn't go up 160% in a day. No, it took 3 months. FSLY, another one. When we bought it on earnings here in the 30s, this thing went up 250%. It didn't go up 250% in a day, it took a couple of months. Now obviously I didn't trade this perfectly, but you know, it's all about catching big moves and catching the big juicy part in the middle. And you're gonna be financially independent in no time. On the big winners, I use the 10 and 20 day moving averages as trailing stops. That’s the mistake I made on NVAX. I really didn't wait for it to close below the 10 day. Like I just randomly sold it because I thought it was extended. Like, ah, it's not going to go up much more. I sold it like on this day here, right? It never even touched the 10 day. It went sideways for like a week. Then went up another 70%. If I had just had used the simple, close below the 10-day, which is what I usually use, the 10 and 20-day moving averages, my trailing stops, I would have made another, I don't know, a lot of money on it. Hundreds of thousands of dollars. So, you know, sometimes it's hard to stick to rules. It's hard. One thing I don't have a hard time with is stop losses, but sometimes, like I said before, holding a big winner is a really really hard thing to do sometimes. It really is. It's just unbelievably hard.”

Lone

15,696 görüntüleme • 1 yıl önce

I spent 2 hours of my Saturday reviewing hundreds of charts. These are the setups that stood out and what you should focus on this week. The market continues to rotate rather than break. Semiconductors are starting to recover. Software is losing momentum. The major indices remain less than 1% from all-time highs. $AAPL continues to lead. $NVDA is reclaiming key levels. $SMH is trying to turn higher. Here’s the watchlist and recording: $SPX: Second straight green week. Holding the 9-day and 20-day while consolidating in what looks like a bull flag. Above 7580 opens a test of the 7621 all-time high. Above that, 7800+ becomes the next objective. Below 7500 would make me more cautious. $QQQ: Similar setup to SPX. Holding key moving averages and ending the week with a hammer candle. Above 725–726 opens the door toward 740. $IWM: Less convincing than SPX and QQQ. Still trapped inside a range. Hands off until relative strength returns. $IGV: Software is struggling at the 200-day moving average. Two failed attempts higher. Hands off for now. $SMH: Semiconductors are starting to wake up again. Holding the prior breakout area and attempting a double-bottom reversal. One of the more constructive groups going into next week. $BTC: Trying to carve out a bottom. Above 70 would improve the picture. Reclaiming 75 would be a much bigger technical shift. $AAPL: One of my favorite charts. Back testing all-time highs. Above 317.4 opens 320 and potentially new highs. $META: Reclaimed the 200-day moving average. Above 683 opens the door toward 700. $MSFT: Still choppy. No clear edge here yet. $GOOGL: Below all key moving averages. Needs more time. $AMZN: Failed at 250 and back inside its range. Above 250 becomes interesting again. $NFLX: Friday hurt the bullish case. Holding 70 but back below 75–76. Hands off. $NVDA: Strong week. Back above all major moving averages for the first time in weeks. Above 212 could trigger another leg higher. $TSLA: Still holding 400 but capped by the 200-day. Above 418–420 becomes the next meaningful trigger. $AMD: One of the stronger semiconductor charts. Above 560 could accelerate toward new highs. $AVGO: Constructive after the recent recovery. Watching 408–410 for continuation. $CRWV: Strong news but finished with a sharp reversal. Waiting for confirmation. $CROX: Finally broke above 130. Looking for continuation toward fresh highs. $SNDK: Nice recovery after the failed breakdown. Watching a reclaim of 2000. $ABNB: Quietly improving. Watching 150. $MU: Keep it paired with SNDK. Watching 1000 as the key psychological level. $NET: Failed at all-time highs. Watching 280 for a recovery. $HOOD: Rejected at 120. A reclaim would put it back on the radar. $DELL: Watching 460 for a continuation breakout. $DDOG: Watching 270. Still constructive if software finds its footing. $SPCX: Weak close near the lows. Watching for continuation lower if Friday’s low breaks. Overall theme: The broader market remains healthy. Semiconductors are beginning to recover while software is losing momentum after a strong run. Mega-cap tech is regaining leadership, and the S&P 500 still looks positioned for a test of all-time highs as long as 7500 continues to hold. AAPL, NVDA, AMD, SMH, META, and SNDK are some of my favorite charts going into next week.

spacemonkey

28,980 görüntüleme • 3 ay önce

I’ve spent 2 hours combing through over 160 charts. Here are 40 stock charts you need to watch in the next 5 days! The market is still consolidating, but the tone shifted a bit last week. SPX failed to break out and closed near the weekly lows. QQQ and semiconductors weakened. Software is trying to stabilize, while earnings from names like $TSLA, $GOOGL, $IBM, and $INTC will likely determine where we go next. Here’s the watchlist and recording (audio cuts out after 20 min): $SPX: SPX attempted to break above both the weekly high and the upper trend line but couldn’t hold it. Buyers ran out of momentum and sellers stepped in, leaving us with a weekly close near the lows. While that’s a short-term negative, the bigger trend hasn’t broken. We’re still trading inside a two-month triangle after a strong advance. 7400 remains the key level I’m watching. Lose that and 7235 becomes a realistic target. Recover 7500 and the 50-day moving average, and I’d start looking for another push higher. $QQQ: Tech had one of the weaker weeks. QQQ is now below the 9, 20 and 50-day moving averages, and those averages are beginning to roll over, which is an early warning sign that momentum is fading. I’d keep a close eye on 685. If that level fails, the next meaningful support doesn’t come in until around 640. $IWM: Small caps continue holding above the 50-day moving average, which is constructive relative to QQQ, but the chart is still trapped inside a broad range. Until we reclaim 300, I don’t see a high-conviction setup here. $IGV: Software has cooled off after being one of the stronger groups a few weeks ago. The ETF remains below the 200-day moving average and continues to struggle there. Some individual software names still look attractive, but I’d like to see IGV reclaim 95-96 before becoming more aggressive. $SMH: Semiconductors spent another week under pressure but did manage to defend the 555 area on Friday. This group is sitting at a very important inflection point. If buyers can build on Friday’s bounce, we could start seeing leadership return. If not, this pullback could continue. $BTC: Bitcoin continues drifting sideways without much conviction. It’s holding the 58K-60K region, but there’s still no catalyst or technical confirmation suggesting buyers are ready to take control. For now, it’s simply range-bound. $AAPL: Apple continues to be one of the strongest charts in the market. Three straight weekly gains have brought it right back to all-time highs after fully recovering from the post-WWDC weakness. It has quietly become one of the market leaders again. Above 335, I’d look for continuation toward 350-360. $MSFT: Microsoft briefly reclaimed the 50-day moving average before giving it back. The chart isn’t broken, but it hasn’t shown the same relative strength as Apple or Meta. 400 remains the level I’d like to see recovered before getting more constructive. $GOOGL: Google remains below its key moving averages after the Gemini-related headlines earlier in the week. Friday was a better session relative to the market, but the chart still needs time to repair itself before offering a clean long setup. $META: Buyers stepped in exactly where they needed to, defending both the 200-day moving average and prior support. That reversal keeps the chart constructive despite the recent volatility. Above 650-652, I think Meta has a good chance of working back toward the highs. $TSLA: Tesla continues to be one of the weaker mega caps heading into earnings. The price action has been choppy, momentum is fading, and the chart lacks a clear trend. Below 368 could accelerate another leg lower. For now, I’d rather wait for earnings than force a trade. $AMZN: Amazon briefly reclaimed the 50-day moving average before giving the move back. It’s another chart that’s trying to stabilize but hasn’t earned my confidence yet. A sustained move back above the 50-day would improve the outlook. $NFLX: Netflix sold off after earnings and is now sitting at an important long-term support area around 70. That’s the level that matters. If buyers can reclaim 70, and especially 75-76, this quickly turns into an attractive failed-breakdown setup with room to recover. $NVDA: Friday looked ugly initially, but buyers defended both the psychological 200 level and the 200-day moving average. That’s exactly where you want institutions stepping in. Above 207, I’d look for a move toward 214-215, and only above there does a run back toward the highs become realistic. $BROS: Quietly building one of the cleaner bull flags on my watchlist. Friday’s strength was encouraging, and above 70 I think this one has room for another continuation move. $BE: After an incredible run, BE has finally started pulling back into support. This isn’t a chart I’d chase, but it’s one I’d monitor closely. If buyers defend 195, it could become another attractive continuation setup. $USO: Energy benefited from renewed geopolitical headlines and has started improving technically. A move above 125.85, along with reclaiming the 50-day moving average, would strengthen the bullish case. $NBIS: One of those AI names that can reverse very quickly once buyers return. Friday’s recovery was encouraging after several weak sessions. It remains firmly on my watchlist. $NET: Software hasn’t completely fallen apart, and NET continues to be one of the stronger names in the group. I’m watching 280-282 closely. If software finds its footing again, this is one of the first names I’d expect to move. $PANW: PANW continues holding up well despite broader market weakness and has respected support remarkably well. Earnings aren’t until August, leaving plenty of room for institutions to accumulate. Above 368, I’d expect momentum to build toward 400. $DELL: Dell continues holding its post-earnings gap extremely well despite weakness across AI infrastructure. That tells me institutions still want exposure. Above 410 would likely restart the uptrend. $LLY: Healthcare remains one of the stronger areas of the market, and Lilly continues showing leadership. Above 1200, I’d expect another leg higher as buyers continue rotating into defensive growth. $CRWD: CrowdStrike has done a great job holding above 200 despite the broader volatility. That’s constructive. Above 210, I’d look for buyers to regain momentum. $BAC: Earnings are behind it, removing one layer of uncertainty. As long as 60 holds, I think another breakout attempt remains very possible. $MU: Memory continues weakening after an exceptional run. Momentum has clearly faded. Below 800, I’d expect another wave of selling before buyers become interested again. $AMD: Despite the recent pullback in semiconductors, AMD continues to hold up better than many peers. The 500 area becomes an important decision point early in the week. $V: Visa printed an inside day after a healthy advance. Those often resolve with expansion. Watching 365 closely. $MA: Very similar setup to Visa. Healthy consolidation after a strong move higher. Worth watching if financials regain momentum. $SNDK: After an incredible run, the correction has been significant. The chart still needs time, but 1275-1300 becomes an important area to watch for signs that sellers are finally exhausting themselves. $ALAB: Another AI leader that’s finally cooling off after months of strength. Nothing wrong with the longer-term story, but technically it needs more time before becoming attractive again. $SPCX: SpaceX continues trading below its IPO price and has steadily deteriorated technically. August earnings become the next meaningful catalyst. Until then, I’d rather let the chart prove itself. $HOOD: Robinhood has now lost both 100 and the 200-day moving average. That’s meaningful technical damage. I’d wait for buyers to reclaim those levels before becoming interested again. $ISRG: One of the cleaner downside setups on my list. A break below Friday’s low around 345 could trigger another leg lower. Overall theme: Last week’s failed breakout shifted the short-term tone more cautious, but the bigger picture hasn’t changed. SPX remains inside a two-month consolidation, and earnings will likely determine whether we finally resolve higher or break lower. Semiconductors are trying to stabilize after a difficult stretch, software is mixed, and Wednesday becomes the biggest day of earnings season so far with reports from $TSLA, $GOOGL, $IBM, and $NOW, followed by $INTC on Thursday. $AAPL, $NVDA, $META, $PANW, $NET, $LLY, and $BROS are some of my favorite charts going into next week. If you like this, then like ❤️ it.

spacemonkey

26,002 görüntüleme • 2 ay önce

I spent 2 hours of my Saturday reviewing hundreds of charts. These are the setups that stood out and what you should focus on this week. Software is starting to wake up. Semiconductors are taking a breather. The next rotation may already be underway. $MSFT finally broke out. $NBIS is setting up near a key trigger. $PANW $CRWD earnings could be one of the most important software reports of the week. Here’s the watchlist and recording: $SPX: Strong week overall. Thursday breakout above 7517 held. Friday was indecisive. Above 7600 opens continuation. Failure there could mean a pullback toward 7550–7500. $QQQ: Similar setup to SPX. Still leading higher but extended from the 9-day. Above Friday highs keeps momentum intact. $IWM: Still trapped in a range between 287 and 293. Less clear than SPX and QQQ. Watching for either a breakout or rotation into small caps. $BTC: No trade for now. All major moving averages remain stacked bearishly. Needs reclaim of the 200-day around 80k. $SMH: Momentum has slowed. Four straight days of consolidation. Software may be attracting capital away from semis short term. $IGV: One of the most important charts right now. Closed above the 200-day for the first time since January. Holding 100 would be very bullish. $AAPL: Continues to surprise. Every dip gets bought. 310 remains the key level. Below that opens a test of the 9-day around 306. $MSFT: One of the strongest setups on the board. Broke above 433 and 442. Looking for continuation toward the 200-day near 458 and eventually gap-fill toward 480. $NVDA: Ugly close Friday. Failed reclaim of the 9-day. Better opportunities elsewhere for now. Watching 200 below. $GOOGL: Weak close. Could test the earnings gap near 365. Hands off until strength returns above 385. $AMZN: Failed breakout attempt. Still above key moving averages. Above 275 opens ATHs and potentially 300. $TSLA: Building a range. 450–453 is the key breakout area. Above that could trigger a move toward prior highs. $META: Friday was a healthy backtest of the breakout. Above 633 then 645 opens gap-fill potential higher. $AMD: Strong but consolidating. Range here would be healthy after the recent move. $AVGO: Earnings next week. Looking constructive. Above 500 becomes interesting. $SMCI: Strong sympathy move from $DELL earnings. Watching to see if momentum can continue. $QCOM: Failed breakout Friday. Give it time. Watching for renewed strength early in the month. $ARM: One of the strongest semis. Above 356 keeps the trend intact. $INTC: Failed multiple breakout attempts at 125. Consolidation remains constructive. $MU: Strong finish Friday. Holding 960 and reclaiming 980 could open the path toward 1000. $SNDK: Constructive close. Watching 1700 closely. $DELL: Huge earnings move. Now trading inside an earnings range. Break above 430 opens more upside. $NOW: Continues to show strong relative strength. Above 126 could open 150. $IBM: Strong breakout. Watching above 300. $ORCL: Massive momentum shift. Broke the 200-day and exploded higher. One of the stronger enterprise software names right now. $PLTR: Improving. Watching for reclaim and hold above the 200-day. $IREN: Large flag pattern. Above 76–77 could trigger a move toward highs. $ZS: Ugly earnings reaction but trying to recover. $CRWD: Earnings this week. Strong run into the report. $NBIS: One of my favorite setups. Above 233–234 could trigger a significant move. $PANW: Earnings this week. Looking extremely strong. $NET: Recovering sharply after a terrible earnings reaction. Short covering continues. $RDDT: Looking better. Momentum name worth watching. $DDOG: One of the strongest software charts. Earnings gap never filled. Trend remains intact. $FSLR: Solar leadership continues. Above 260 could open 300. $ENPH: Vertical momentum. Watching for continuation. $LITE: Still under pressure. Needs time. $AXTI: Similar to LITE. Momentum has cooled. Overall theme: Software is showing the strongest improvement in relative strength. Semiconductors are consolidating after a huge run. Individual names continue to offer better opportunities than the indices. $MSFT, $NBIS, $PANW, $ORCL, and $NET are some of my favorite charts going into next week.

spacemonkey

225,191 görüntüleme • 4 ay önce

📺 IS $META STARTING A NEW NARRATIVE? + SEMIS WEAKNESS IS REAL + $AMZN THE NEXT ROTATION TRADE? One of the biggest questions right now: is $META latest AI announcement simply creating a short-term trading opportunity, or is it the beginning of an entirely new market narrative? Rather than focusing on headlines, watch price action. The initial reaction to the news is only the first step. What matters now is whether #Meta can hold key support, consolidate its gains, and begin a sustained bullish sequence. For swing traders, the $595 area is the key level that needs to hold. If #META continues to digest the move constructively, a breakout above $628 could signal the next leg higher. * While Meta has grabbed the spotlight, the bigger story may be the growing weakness across semis $SMH $SOXX. After leading the market for months, the leadership names are starting to show signs of fatigue. $MU lost momentum, broke important support, and closed near its lows. $SNDK appeared ready to break out before reversing sharply lower and triggering an active exit. These types of failed breakouts are often early signals that leadership within a sector may be changing. The 21-day moving average remains one of the most important technical levels to monitor. Throughout the rally since March, this moving average has consistently acted as support. Until leading stocks begin breaking and closing below it, the broader uptrend remains intact. A pullback toward the 50-day moving average can still be considered a normal correction rather than the start of a bear market. * Another important takeaway is the potential for sector rotation. If institutional money continues to leave semiconductors and AI infrastructure, it will likely seek opportunities elsewhere within large-cap technology. For example, $AMZN. Amazon is a value-oriented mega-cap technology stock that could benefit if investors rotate away from expensive AI winners. Despite a compelling long-term story and an attractive valuation relative to its history, Amazon has been frustrating to trade. Still, improving relative strength could attract fresh buying if this rotation continues. I purchased July 10 $250 call options, giving myself limited risk while allowing time for the rotation thesis to develop. * So, you should avoid making bold predictions during periods of uncertainty. Instead, define your risk, stay flexible, follow your trading rules, and let price action determine whether $META is launching a new AI narrative, whether semiconductor weakness deepens, and whether $AMZN becomes one of the next beneficiaries of market rotation. * If you found this helpful, please ❤️like and 🔁retweet

Scott Redler

13,656 görüntüleme • 3 ay önce

I spent my Sunday mapping the setups that matter most this shortened week. Tech is still leading this market. Software earnings may decide what happens next. $QCOM is setting up above 242. $ASTS continues to show momentum in the space trade. $ZS software earnings could shift the tone for the entire group. Here’s the watchlist and recording: $SPX: Healthy week overall. Reclaimed the 9-day and pushed back above 7500 before fading into Friday’s close. Trend remains intact. A higher low here could set up another breakout attempt above 7500. $QQQ: Still rangebound between roughly 695 and ATHs near 722. Tech leadership remains intact, but there’s a mild double top warning if momentum stalls. $IWM: Constructive range near highs. 270 double bottom held perfectly. Not bearish at all. Still one of the cleaner consolidation setups if rates cooperate. $BTC #BTC: No trade for now. Sitting below major moving averages. Needs 84–85K reclaim before momentum becomes interesting again. $SMH: New ATH Friday despite $NVDA weakness. Semiconductor rotation remains alive. Above 583 opens the door toward 600. $AAPL: Extremely strong. Multiple new highs. 303 is first warning. 300 is must-hold. As long as buyers defend breakout levels, trend remains intact. $MSFT: Harder trade, but very large cup-and-handle structure. Above 530 opens 542. Bigger breakout potential if momentum follows. $AMZN: One of the better big tech setups. Friday was a clean backtest of breakout trendline. Above 270 gets interesting quickly. $GOOGL: Looking tired. 380 reclaim could trigger failed breakdown reversal. Otherwise, not much here. $TSLA: Interesting setup. 420 and 435 are the key levels. Above 435 opens gap-fill toward 442. $NVDA: Weak post-earnings reaction. Pulling back into prior breakout zone around 215–217 and the 20-day. Needs to hold that area. $AMD: New ATH Friday but failed to hold the move. Above 470 could re-ignite momentum. $AVGO: Large range consolidation. Harder trade for now. $NVTS: One of the cleaner semiconductor momentum setups. One-time framing higher. Above 30 keeps continuation alive. $DELL: Fantastic structure. 298 opens 300. Above 300 could accelerate. $QCOM: One of the cleaner setups this week. 242 breakout opens 248–250. $RGTI: Quantum momentum remains alive. Above 27 opens 30+. $QBTS: Similar quantum continuation setup. $AXTI: One of the strongest photonics names right now. Clear leadership. $AAOI: Laggard vs AXTI but above 193 opens 200. $LITE: Looking constructive. 1000 reclaim could trigger momentum. SWKS: Quiet semiconductor strength. Above 83.50 opens 92, then potentially 100. LUNR: One of the stronger space setups. Above 38.30 opens continuation. $RKLB: Failed breakout Friday. Above 140 becomes interesting again. $ASTS: Strong recovery. Hold 100, break 108, and momentum could continue toward ATHs. $SMTC: Big Friday move but messy close. Harder setup. $ZS: Big software earnings this week. Important for group sentiment. $CRWD: Extremely strong. New ATH continuation setup. $PANW: Beautiful one-time framing higher. Momentum remains intact. $NET: Laggard, but could benefit if software earnings surprise positively. $DDOG: Monster move. Gap never backtested. Momentum remains very strong. $SNOW: Earnings this week. Worth watching. ON: Quiet strength. $FSLR: Solar remains hot. Above 260 opens 300 potential. $ENPH: Vertical momentum move. Needs continuation. $ARM: Monster breakout from prior balance. Hold 300 and continuation remains alive. $MRVL: Grinding higher. 200 is the key breakout. NOW: Holding 100 well. Trump positioning narrative still in play. $LLY: Strong above 1000. 1070 breakout could open ATH move. $INTC: Looks ready. Above 123 could trigger fresh highs. LRCX: Strong breakout. Holding above 300 keeps dip-buy thesis alive. $GS: Strong breakout and leadership among banks. $JPM: Reclaiming key moving averages. MS: New ATHs. Very strong bank setup. $IBM: Needs reclaim above 260. $MU: Ugly Friday reversal. Harder trade for now. $SNDK: Better than MU. Above 1530 gets interesting. $WDC: Looking constructive. Above 490 could move toward 500. $COST: Big move but sold off. Harder setup. WMT: Ugly post-earnings reaction. TGT: Holding gains better. Above 128 becomes interesting. If you like this, then ❤️ it! sm

spacemonkey

86,996 görüntüleme • 4 ay önce