Losing Steam
The indexes have gotten quiet, which means soon we should have a hoard of setups — but first, we should remain cautious. Let’s look at ZM, AMZN, MSFT, NFLX, NVDA, and more.
The indexes have gotten quiet, which means soon we should have a hoard of setups — but first, we should remain cautious. Let’s look at ZM, AMZN, MSFT, NFLX, NVDA, and more.
The NQ did not drop without signs and here’s how to spot them. The bonds market is in our zone and crude oil holding. What about another 8 EMA in gold? We’ll take a look at all that and more in today’s video.
This morning’s drop in the NQ was not necessarily a clear picture until you cracked the index open and looked inside the cause of the drop. Here’s how we handle those moves and look for timing and additional opportunities.
ES and NQ support and resistance on lower time frame charts.
The FANG names have been showing up in a big way here lately, led by AAPL earnings, then followed up by FB’s advance this week. Here’s the name I think is next, along with another key index component.
The Nasdaq made new highs first, and now the S&P is right on its heels. The path to glory isn’t always easy or straightforward, but I think we get there. This is how that played out for me this week and how I’m looking to set it up into next.