To The Moon

The market is giving mixed signals, and Monday’s best opportunities may come down to how price reacts at key technical levels. Here’s what I’m watching across $SPX, $AAPL, $AVGO, $SPOT, $NOW, $CRWD and $IREN. 👇 🔹 $S&P 500(.SPX)$ Friday’s price action was indecisive, but the index is not oversold. 📉 Bearish below 7,632 🎯 Targets: 7,603 → 7,583 🚧 Hard resistance: 7,647.2, then 7,651.9 📩 I send modeled levels for the next session by email every day. Join the list via the link in bio. 🍎 $Apple(AAPL)$ Indecisive price action near the upper Bollinger Band has historically led to a pullback toward at least the 20DMA. This time may be no different, with 338 in sight. ⚡

A very choppy week has ended, bringing the anticipated vanishing bounce. The Volatility Index ( $Cboe Volatility Index(VIX)$ ), $S&P 500(.SPX)$ , and $NASDAQ 100(NDX)$ have been studied with clear indicators, and their setups anticipated both the previous week’s decline and the recent choppy price action closing in the red. This week’s bearish trigger came from the technology sector, driven this time by capital expenditure concerns for $Meta Platforms, Inc.(META)$ , which turned negative in free cash flow; the market simply needed a catalyst, and it arrived from the corporate front. What is particularly interesting is

Earnings catalysts, oversold conditions, and key moving averages are setting up three different technical scenarios. Here's what I'm watching on each chart. 🔹 $Qualcomm(QCOM)$ $QCOM is building a base between $170 and $180 ahead of its Nov. 4 earnings report. Reclaiming the rising 50DMA would strengthen the case for a breakout. 🔹 $Meta Platforms, Inc.(META)$ A relief bounce looks increasingly likely. The recent break below the lower Bollinger Band has set up similar rebounds in the past, making a technical recovery worth watching. 🔹 $Alphabet(GOOG)$ Down 21% from its peak, $GOOG is looking oversold. Its P/E ratio has returned to 2022 lows, while revenue and EBITD

Last Saturday in the Weekly Compass, a technical bounce was anticipated for the $S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ , along with a subsequent reversal. Declines are choppy; they don’t work like rallies that print uninterrupted bullish momentum. Declines present spikes, trapping bulls before continuing their pathway. The current market decline has been anticipated since Thursday, October 1st, when I documented the technical reasons why a spike in the Volatility Index ( $Cboe Volatility Index(VIX)$ ) was imminent. On Thursday, October 8th, I anticipated a bearish formation in the price action for the NDX, and last Saturday I anticipated the vanishing bounce. Th

Markets remain under pressure, but not every chart is signaling the same thing. Some names are approaching key downside levels, while others are showing early signs of a possible rebound. Here’s what I’m watching: 📉 $Microsoft(MSFT)$ Lost its 20DMA. The lower Bollinger Band at $505 is the next potential downside target. 📊 $Invesco QQQ(QQQ)$ Touched the lower Bollinger Band. A technical bounce is possible, but the chart doesn’t yet suggest a solid bottom. Remember, declines rarely happen in a straight line. 🟢 $iShares Russell 2000 ETF(IWM)$ Rejected the 20DMA again, but this time buyers pushed the price off its lows, producing a green candle instead of another beari

The market just showed how fast a good headline can turn. $Meta Platforms, Inc.(META)$ printed revenue growth strong enough to send the stock higher after hours, and yesterday for few hours it looked like a solid move, actually there was not a bearish print in the indices, they just didn’t show conviction at the close yesterday. The reaction faded based on META’s spending plan, with CapEx running at a pace that changes the free cash flow math. $Tesla Motors(TSLA)$ had a bearish reversal for the opposite reason, it cut its CapEx guide and the market read that as a delay in the AI buildout. I wrote yesterday that earnings reactions often print fake moves at first (mostly for TSLA and META), these two follow

Markets are showing mixed signals, with key technical levels coming under pressure across several major names. While some stocks are attempting to rebound, bullish conviction remains weak, and the risk of further downside hasn't disappeared. 1. $iShares Russell 2000 ETF(IWM)$ : Bullish move, but conviction is missing. The critical 20DMA is being tested — the same level that has dictated the trend for four weeks. Breakout or rinse and repeat? Today’s doji leans toward the latter. 2. $VanEck Semiconductor ETF(SMH)$ : Recent bounces off the lower Bollinger Band have failed quickly. With today’s price action lacking bullish conviction, a retest of the lows looks increasingly possible. 3.

We have been monitoring price action closely this week. $Invesco QQQ(QQQ)$ On Monday, I posted four criteria essential for navigating bounces; one of those criteria is the recovery of central weekly and monthly levels that delineate bullish versus bearish conditions. Those levels are modeled every Friday based on pure price action and volume footprints where institutional algorithms react, making them relevant because they reflect recent momentum rather than long-term diagonals (that are good to have in mind, and sometimes they match with modeled levels, but the accuracy is lower). On Friday, I shared two long-term charts for the $S&P 500(.SPX)$ and QQQ demonstrating how critical it is when a central w

The market is approaching some important technical levels, and tomorrow could bring key signals for both broad-market direction and individual stocks. Here’s what’s on my radar. 👇 🔴 $S&P 500(.SPX)$ — Bulls Are Losing Steam The 20-day moving average has rejected price for four consecutive sessions. That’s a notable change in behavior. Previous rebounds from the lower Bollinger Band reclaimed the 20DMA with conviction. This time, the follow-through is missing. 👀 The next move in $SPCX is key to watch tomorrow. A stronger bounce could help stabilize sentiment; continued weakness would leave the broader market vulnerable. 🟢 $iShares Russell 2000 ETF(IWM)$ — Small Caps Show Relative Strength Small caps outp

Choppy price action continues. This morning, the $S&P 500(.SPX)$ recovered the anticipated central daily level (CDL) of 7,702, suggesting bullish continuation, with 7,748 serving as a second resistance line shared in advance in this publication. The market received a fuel injection after the U.S. president stated that progress was being made in diplomatic talks to extend a ceasefire and reopen the Strait of Hormuz shipping route, turning red futures green during the session. Once again, the rally vanished. The moment price touched 7,748, the elevator down began, giving back half of the daily gains and printing another indecisive candle. The anticipated choppy week is playing out. There are weeks when we see conviction, and others defined by in