NVIDIA DAY
Updated
SPY touched the bottom of the uptrend line.
Looks healthy and if NVDA has good earnings tomorrow, SPY will reach 510
I have a feeling 510 is the target for this year and from there my outlook is bearish.
IF NVDA fails to deliver, then 480 would be my target
Looks healthy and if NVDA has good earnings tomorrow, SPY will reach 510
I have a feeling 510 is the target for this year and from there my outlook is bearish.
IF NVDA fails to deliver, then 480 would be my target
Note
SPY is moving sideways, awaiting minutes and NVDA earnings after the bell.Note
SPY felt under the channel and was having hard time to get back in. All depends on NVDA report. Note
NVDA is out and stocks are moving up.Looks like 510 is given
Note
If Apple can break through 185 resistance, SPY will land at 310-312I do believe its the last push from this over bullishness
Note
US500 closing to major resistance.Tomorrow we may gap up and wouldn't be surprised to see huge sale-off
Note
its either another push in the morning, and then consolidation or we dump to 503 and then shoot to 510-12
1h overbought
mac crossing bearish
Note
target was reached and I am on the sideline
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