Nightly SPX/SPX/SPY Predictions for 1.27.2024🔮
📅 Mon Jan 27
No major U.S. data
🌍 Global Watch: ECB signals 2025 rate cuts (25–50 bps expected).
📅 Tue Jan 28
⏰ 10:00am ET
📊 CB Consumer Confidence: 105.9 (prev: 104.7)
🌍 Global Watch: Eurozone inflation rises to 2.4% (stagflation risks).
📅 Wed Jan 29
⏰ 2:00pm ET
📊 Federal Funds Rate: 4.50% (prev: 4.50%)
📜 FOMC Statement
⏰ 2:30pm ET
🎙️ FOMC Press Conference
🌍 Global Watch: ECB downgrades 2025 GDP to 1.1% (Germany recession).
📅 Thu Jan 30
⏰ 8:30am ET
📊 Advance GDP q/q: 2.7% (prev: 3.1%)
📊 Unemployment Claims: 221K (prev: 223K)
🌍 Global Watch: ECB rate decision (25–50 bps cut expected).
📅 Fri Jan 31
⏰ 8:30am ET
📊 Core PCE Price Index m/m: 0.2% (prev: 0.1%)
📊 Employment Cost Index q/q: 0.9% (prev: 0.8%)
🌍 Global Watch: Eurozone Q4 GDP forecast: 0.3–0.4% (spillover risk).
💡 Market Insights:
📈 GAP ABOVE HPZ:
A further gap up would lead to it holding for a little, then dropping back down into the EEZ.
📊 OPEN WITHIN EEZ:
Hard to move up higher, so will slowly chop down to the Cushion levels.
📉 GAP BELOW HCZ:
Due to the ongoing momentum, we will get a slight recovery but still drop and chop back down into the lower range.
#trading #stock #stockmarket #today #daytrading #charting #trendtao
Stocks
Sell, Hold, or Hope? Netflix Approaches $1000Hi,
Looking at Netflix's historical price behavior around psychological round numbers ($100, $500), we see a pattern that indicates it might be a good idea to lock in some profits at these levels.
Why?
- Round numbers often act as psychological barriers where prices tend to consolidate or range for a while, limiting further growth.
- There's a significant chance of a correction, especially after a strong rally like the one we've seen recently.
Both of these scenarios suggest it's worth considering taking some money off the table. One thing is for sure: please avoid letting FOMO influence your decisions at these prices - don't buy it at the moment. There will be better changes, just be patient enough!
Historical Examples of Psychological Round Numbers
$100 Level (2015-2016)
In July 2015, Netflix approached the $100 level. While it did show some upward movement, the price largely ranged around this area until late 2016. It was stuck for months, offering limited returns for those who didn't react.
$500 Level (2021-2022)
Around $500, Netflix once again demonstrated the same behavior. For about a year, the stock did little more than range around this level. This shows how powerful round numbers can be as areas of stagnation.
Current Major Level: $1000
While Netflix has surpassed previous round numbers, $1000 is shaping up to be the most significant psychological level yet. The rise to this point has been enormous, and history suggests that sooner or later, a correction is likely.
If you're not prepared to hold through a potential correction or consolidation, the current price levels might be an ideal time to lock in profits. Long-term holders who stick to their thesis might choose to ride this out, the choice is yours. However, for mid-term investors, locking in some gains here could be a wise move!
"Sell, Hold, or Hope?"
Let's say in that way - I hope that some holders will sell around current prices! ;)
All the best,
Vaido
Tesla (TSLA) at a Crossroads – Big Move Coming?TSLA is stuck in a consolidation phase around $406 , with a key decision point ahead! 📊
🔍 What’s happening?
The stock is hovering inside a tight range (orange zone) , struggling to break out.
Momentum is cooling off, but a breakout could trigger the next big trend!
⚡ Scenarios to watch:
📈 Bullish: A breakout above $425 could open the door to $475+ – clear skies ahead! 🚀
📉 Bearish: If support fails, we might see a drop toward the $350-$375 zone. 📉
🔥 Eyes on the prize! Will bulls take charge, or is a deeper pullback coming? Let me know your thoughts in the comments! 👇
AFG INTEREST!BYBIT:AFGUSDT
I'd appreciate if someone could give me more of an insight on what the future holds for this coin wether i should leave a % on after my initial trade for the long run but just need more clarification on what the visions are for this company. COMMENT BELOW
For now, the respectful price of succeeding in the trade is approx. 0.006177..
It does look great to go in now but "If it looks good, Don't do it."
Bitcoin struggles to break through Dec 17 daily close. In this video I discuss how Bitcoin could not break through the high from Dec 17 close ($106,187), and how that has been a significant resistance level even though Bitcoin has traded higher intraday, it has not been able to close above that level.
Boeing (BA): Is Boeing Finally Breaking the Bearish Trend?Boeing has faced significant challenges since March 2020, and when zoomed out, the stock has been trading in a well-defined range between $265 (range high) and $120 (range low), with the mid-range at $192. These levels have been respected repeatedly. From an Elliott Wave perspective, starting the count from the COVID low, we’ve observed consistently deep wave 2 corrections. Following the recent low of $138 in November 2023, we believe Boeing has broken the bearish trend that began in December 2022, signaling a trend reversal.
Currently, we anticipate the completion of the very minor wave (i) soon, followed by wave (ii) correction between the 61.8% and 88.2% Fibonacci retracement levels. To safeguard against Boeing’s historically deep corrections, we are placing the stop-loss slightly below 100% of wave 2.
Looking ahead, the wave structure suggests that Boeing could eventually break out of this long-standing range. For now, the focus is on reclaiming and holding the mid-range level at $192. Our target in this setup is to reach $265 (range high), but it is crucial to first see the mid-range flipped into support.
Key Levels:
Support: $147
Resistance: $192
S&P 500 Daily Chart Analysis For Week of Jan 24, 2025Technical Analysis and Outlook:
During this week's trading session, the S&P 500 successfully achieved our predefined target of Outer Index Rally, 6123, corresponding to the Key Resistance established at 6090. The market is currently exhibiting a phase of consolidation, as the bullish trend appears to be transiently suspended following the conclusion of the outer index rally. It is, however, essential to acknowledge that the absence of a significant corrective pullback may facilitate the re-initiation of a bullish trajectory toward additional rally targets. Such a development would position the market advantageously for the forthcoming phase of the bullish trend.
$NIO A massive Rising Channel & Wyckoff Accumulation
NYSE:NIO has been in a downtrend for over 1,450 days—could it finally be time to shine? ⌛️
A massive rising channel: early projection based on top pivots and potential mid-range pivots. 👀
Hey community, do you still believe in NYSE:NIO ?
Are you holding 💎🖐️ and staying unfazed by the downtrend?
NVIDIA Channel Up approaching a bottom.NVIDIA is trading inside a Channel Up with the MA50 (1h) in firm support.
The price is approaching that level and of course the bottom of the Channel Up, which is a technical buy entry.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 153.15 (Resistance 1).
Tips:
1. The RSI (1h) is testing Support (1) formed on the January 16th Low, which was a higher low for the Channel Up.
Please like, follow and comment!!
Netflix Eyes $1,200: Can It Break Key Levels to Soar Higher?Good morning, trading family!
Netflix (NFLX) is looking exciting right now, and here’s what I’m watching:
-If we drop below $973, we might see $950 support come into play.
-But if we break above $991, there’s potential for a rally to $1,055 and higher—with $1,200 as the ultimate goal.
Big moves could be coming, so keep these levels on your radar!
If this analysis helped you, I’d love to hear your thoughts. Drop a comment, give it a like, or share with others. Let’s trade smarter and live better!
Kris/Mindbloome Exchange
Trade What You See
AI Electricity demand powering up #NRG to $253NRG Energy, Inc. (NYSE:NRG) is a prominent energy and home services provider operating across the United States and Canada. The company is strategically positioning itself as a significant player in the AI sector, driven by its production and distribution of electricity, which is crucial for meeting the energy demands of both businesses and consumers in the AI realm. Remarkably, North America has experienced a spike in electricity demand for the first time in almost forty years. Larry Coben, the CEO of NRG, highlighted that the trends in electrification, along with the expected rise of generative AI data centers, indicate a substantial increase in power requirements. He noted that these trends are paving the way for the company to reach its goal of achieving 15% to 20% growth in free cash flow.
Chart Industries (GTLS) AnalysisCompany Overview:
Chart Industries NYSE:GTLS is a leading manufacturer of cryogenic equipment, offering solutions vital for the storage, distribution, and processing of clean energy resources like LNG, hydrogen, and oxygen. The company plays a pivotal role in supporting the global energy transition, addressing the growing demand for sustainable and low-carbon solutions.
Key Growth Drivers
Innovative Clean Energy Solutions:
Hydrogen and LNG Leadership: Chart Industries is at the forefront of clean energy infrastructure, with its cryogenic storage and distribution systems enabling the transition to low-carbon fuels. This expertise positions GTLS to benefit from rising investments in renewable energy and clean fuels.
Proprietary IPSMR® Technology: Chart’s IPSMR® liquefaction technology delivers cost-effective and efficient LNG production, making it highly attractive for major energy players. Key adoption includes:
Woodside Energy's Louisiana LNG Project: A significant endorsement of GTLS's technology and its potential for broader industry adoption.
Global Expansion and Diversified Revenue:
ExxonMobil Collaboration: The agreement with ExxonMobil for the Mozambique Rovuma LNG Project expands GTLS's footprint in international markets and diversifies its revenue base. Such collaborations showcase its engineering expertise and align with global energy majors’ transition strategies.
Broader Market Reach: Chart’s solutions are gaining recognition across multiple geographies, reinforcing its position as a global leader in cryogenic and energy transition technologies.
Alignment with Sustainability Trends:
Decarbonization Demand: With growing regulatory and consumer focus on reducing emissions, Chart’s solutions for hydrogen and carbon capture technologies are poised for sustained demand. The company’s portfolio aligns perfectly with long-term sustainability goals globally.
Strategic Positioning in Clean Energy Ecosystems: Chart is strategically positioned to serve critical energy sectors, including LNG for power generation, hydrogen for mobility, and oxygen for healthcare and industrial applications.
Investment Thesis:
Chart Industries is uniquely positioned to benefit from the global clean energy transition, driven by its cutting-edge technologies, strategic partnerships, and alignment with sustainability trends. Its focus on hydrogen, LNG, and carbon capture enhances its long-term growth potential, supported by increasing capital allocation toward clean energy projects worldwide.
Bullish Case:
Target Price Range: $340.00–$350.00
Entry Range: $180.00–$181.00
Upside Potential: Chart Industries’ advanced solutions and participation in large-scale global projects position it for substantial revenue growth and shareholder value creation in the coming years.
Nightly $SPX / $SPY Predictions for 1.24.2024🔮
📅 Fri Jan 24
⏰ 8:30am
📊 Core PCE Price Index m/m: 0.1%
📊 Employment Cost Index q/q: 0.8%
⏰ 9:45am
📊 Chicago PMI: 36.9
💡 Market Insights:
📈 GAP ABOVE HPZ:
A further gap up would lead to it holding for a little, then dropping back down into the EEZ.
📊 OPEN WITHIN EEZ:
Trump mentioned he will try to lower the rates. Let’s see how the markets adjust to it, but definitely expecting a little more bullishness to the upside.
📉 GAP BELOW HCZ:
A large recovery will allow the markets to tag the red lines before closing slightly lower below the weekly HPZ.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
S&P500 - Preparing For The Final Bullrun!S&P500 ( TVC:SPX ) is still heading higher:
Click chart above to see the detailed analysis👆🏻
Although the S&P500 has been creating new all time highs for the past couple of months, charts are clearly telling us that this bullrun is not over yet. We already saw two textbook cycles of +90% each and during 2025, we will see the completion of the third and final bullrun.
Levels to watch: $7.000
Keep your long term vision,
Philip (BasicTrading)
APPLE: Strong buy on oversold technicals.APPLE turned oversold on the 1D technical outlook (RSI = 31.524, MACD = -4.390, ADX = 40.988) as it hit the S1 level and got just $8 away from the 1W MA50. The latter is intact since May 2024 and is the core support level of the 2.5 year Channel Up. Apart from hitting the S1 level, the 1W RSI is entering the S1 Zone and the first bounce after a HH has been a strong buy signal inside this Channel Up (resembles October 23rd 2023 and June 13th 2022 lows). We are bullish (TP = 255.00) expecting an immediate reversal.
Once this breaks, we espect a rally of similar proportions to November (TP = 5.500).
See how our prior idea has worked out:
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PYPL , PEPS, COIN | HOT STOCKSThere are a few stocks that could be good buys, and are approaching idea l buy zones.
PEPSICO VIE:PEPS
Pepsi is showing it's "annual correction" as we're finally getting close tot he apex of the correction, which may be an ideal buy zone.
PAYPAL NASDAQ:PYPL
Paypal is still on my watchlist, for great growth, further adoption and upside potential after finish of a clear bearish cycle:
COINBASE NASDAQ:COIN
Fairly recently released, coinbase could be a good buy for a long term hold. Also currently observing a pattern that can either be called an Inverse Head and Shoulders, or Cup and Handle.
________________
NVIDIA This is the final call for $240.NVIDIA corporation (NVDA) has been trading within a Channel Up for the past 2 years and just last Monday it made contact with its bottom (Higher Lows trend-line). As long as the 1D MA200 (orange trend-line) remains intact, the bullish trend will be maintained.
On top of that, the price action has just completed a pattern, which in the last two times we saw it (Q3 2024 and Q4 2023), it initiated a rally. With the Channel's Bullish Legs being at least of a +86.50% increase, we expect NVIDIA to target at least $240 by May.
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Nightly $SPX / $SPY Predictions for 1.23.2024🔮
📅 Thu Jan 23
🗓️ Day 4
📍 WEF Annual Meetings
⏰ 8:30am
📊 Unemployment Claims: 221K (prev: 217K)
⏰ 11:00am
🎙️ President Trump Speaks
🛢️ Crude Oil Inventories: -0.1M (prev: -2.0M)
💡 Market Insights:
📈 GAP ABOVE HPZ:
If we gap up once more, we will break all-time highs. This will be met by a big decline to juice liquidity.
📊 OPEN WITHIN EEZ:
Only resistance left, looking for a small pop up into the weekly zone to get a drop back down into the HCZ and HEL.
📉 GAP BELOW HCZ:
We will likely get a small bounce, hold, and chop down.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
NVIDIA's Momentum A Breakout Story in Progress1. Trend and Structure
The chart showcases an upward momentum, breaking out of a prior resistance level, indicating bullish pressure. The breakout aligns with the upward-sloping trendline, which serves as a strong support structure.
2.Breakout Confirmation
The price has successfully broken through a resistance level, confirming a bullish breakout. This signals potential continuation toward the marked target zone.
3.Entry Point
The entry appears to have been taken near the breakout point, at approximately $141.60, aligning with the bullish momentum.
4. Target (Take Profit)
The take-profit level is marked at $152.94, representing a reasonable upward move from the breakout point. This target aligns with the continuation of the trend.
5. Stop Loss
The stop-loss level is placed at $133.46, below the recent support and trendline. This level ensures protection in case the breakout fails.
6.Risk-Reward Ratio
The setup demonstrates a healthy risk-to-reward ratio, with potential gains outweighing the risks. This indicates a well-calculated trade.
7. Technical Indicators
The momentum of the candles breaking the resistance shows strong bullish interest. No immediate signs of bearish divergence or reversal are visible in the chart.
The chart reflects a bullish breakout setup in NVIDIA's stock price. With strong momentum and a clear trendline breakout, the trade aligns well with the current upward movement. The target and stop-loss levels are well-placed, adhering to a disciplined trading strategy.
$NVDA #Nvidia NASDAQ:NVDA is currently accumlating.
A close above $160 is a breakout and is unlocking an uncharted zone up to the closest psychological mark $200.
A close below $124 is a retest to the nearest demand zone at the same level.
A close below $118 is unlocking $88 mark.
#STOCKS #STOCKMARKET #NVDA #NVIDIA #SUPPLYANDDEMAND #AHMEDMESBAH
Amd - It Comes Down To This Support!Amd ( NASDAQ:AMD ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
For more than three years, we have been seeing a quite volatile consolidation phase on Amd. Looking at recent price history though, Amd just came back to retest a massive horizontal support level and if we see bulls taking over, a rally of +100% is very possible.
Levels to watch: $120, $240
Keep your long term vision,
Philip (BasicTrading)