Get started

Tradingupdate

Market breakdown: SPY & Current TradesIn today’s update, I go over the general outlook on the indexes, focusing on SPY, Nasdaq, and Dow Jones — all still moving in bullish confluence. Even after three distribution days, there’s been no major downside move, but we are seeing drying volume, so caution is key. I also break down some of my current trades: A few aren't performing as expected, and that’s part of trading. We won’t win every setup, and that’s okay. Red-marked trades have been removed from the watchlist and will be monitored closely for irrational moves. I may cut losses if needed. Green-marked trades are still active and aligned with my criteria, so I’ll likely continue to invest in them. Lastly, I cover a trade that recently hit my take-profit (TP), specifically KEROS, which has now also been removed from the list. ✅ Thanks for watching another one of my videos, I hope you gained value from the breakdown! Comment below if you have questions or your own thoughts on the market. Let’s grow together.
NYSE:YMMLong
by GonzooTrading
NVDA – Ride to 146 or Wipeout at 137?Alright, folks, here’s the deal. NVDA is balancing on the edge—either we ride the wave up to 145-146, or the market drags us back to 137-138 for a reset. This is that make-or-break moment where bulls need to paddle hard or risk missing the set. Key Levels: Support: 137-138 (black box) – Lose this, and it’s back to the lineup. Target: 145-146 (orange zone) – Bulls need to hit this to stay in control. It’s all about how price moves in these channels—either we push higher, or we take a quick dip before the next chance comes. What do you think—are we riding this wave or catching some chop? Let me know below. MB Trader Ride the wave
NASDAQ:NVDALong
by Mindbloome-Trading
Adobe (ADBE): Earnings Report to Trigger Major Move?With Adobe's earnings report due tomorrow, we have analyzed the weekly chart to get a clearer picture. We started our count in November 2018, identifying the sub-waves 1 and 2 leading up to the primary Wave (1). This Wave (1), like the preceding sub-waves, experienced a very rapid sell-off. Such quick declines are unusual for Wave 2s, but in this chart, it repeats frequently, confirming our interpretation despite being atypical. We have now identified the sub-wave 1 of the overarching Wave (3). This range and its midpoint have been well respected, and we are currently at the midpoint. Two scenarios could unfold: • Negative Earnings Report : If the earnings report disappoints, the price could fall into the Weekly Order Block Cluster around the 78.6% Fibonacci retracement level, approximately $350. This would likely result in a significant pullback within the range. • Positive Earnings Report : If the earnings report is strong, the price could shoot up, creating a breakout gap. After this initial surge, we might see a retrace back towards the midpoint of the range before continuing upwards to potentially make a new high above $700. Given the uncertainty, we are not placing any entries at this time. We will wait to see how the earnings report affects the price action and then consider potential positions based on the developments.
NASDAQ:ADBELong
by freeguy_by_wmc
1