SMH Eyes $507 as Next Yearly Resistance Target
$SMH - Last week it closed above the 1st yearly resistance, so it was natural for the rally to continue this week. The target for the next intermediate term top is the 2nd yearly resistance at $507. https://t.co/zy5dZBLxZD
QQQ's 10-Day Rally Nearing Pullback Warning
$QQQ - 10th up day in a row. Closed above the 78.6% retracement of the recent downtrend. The next resistance is the ATH at 637. The 5 day RSI closed above 90. This happened only twice in the last 12...
Bitcoin's Third Failed Attempt to Reclaim 100‑day MA
$BTC - Today is the third attempt to regain the 100 day MA since late October and so far it is failing to do that again. https://t.co/738XHZDMWy
GOOGL Closes Above 20‑Week MA, Eyeing Q2 High
$GOOGL - Closed the week above the 20 week MA which confirmed that it made an intermediate term low 2 weeks ago at $272. The question is will it make a new all time high in Q2? We'll find out...
84% Chance S&P Hits New High, Yet 1966 Crash Warns
The odds of the S&P 500 making a new ATH in Q2 after retracing 75% of the downtrend are 84%, but beware the 1966 case which turned into a 23% crash into October. https://t.co/aV92MKXo9S
NVDA Above 20‑Week MA, Needs $197.63 Breakout
$NVDA - Closed the week above the 20 week MA which indicates that it may have made an intermediate term low last week, but that will be confirmed only if it breaks the pattern of lower highs and lower lows,...
MSFT Misses 200‑Week MA, Threatened by 345‑350 Support
$MSFT - Failed regaining the 200 week MA this week. Therefore, it's still at risk of dropping to the 345-350 major support range. https://t.co/9CSBJ5Taa5
META's 20% Two‑Week Surge Hits Intermediate Low
$META was up 19.81% over the last 2 weeks. This 2 week rally is on par with the 2 week 19.05% rally after the April 2025 low, which means that it probably made an intermediate term low 2 weeks ago....
AVGO Surges 18% to Break 20‑week MA
$AVGO was up 18.12% this week. It was the biggest up week since late November. It closed the week above the 20 week MA, confirming that it made an intermediate term low last week. We'll find out if it leads...
Amazon Spikes 13.6%, Tops 20‑week Moving Average
$AMZN was up 13.64% this week. It was the biggest up week since the bear market low in January 2023. It closed the week above the 20 week MA, confirming that it made an intermediate term low in February. We'll...
Bearish Engulfing Signals Potential Oil Top, Await Confirmation
$USOIL - The weekly bearish engulfing candle is further evidence to what I claimed since the March 9 top, that a major top was in. Technically, it hasn't been confirmed yet. That will happen only when the price of oil...
Silver Poised for Bounce to 88.84 Amid Bear Market
$Silver - The bounce out of the March low should continue into late April. The target could be as high as the 78.6% retracement of the March down leg at 88.84. Overall, it's just another bounce in a developing bear...
Gold Poised to Rise to 5028‑5280 by Late April
$Gold - The bounce out of the March low should continue into late April. The target is the 61.8%-78.6% retracement of the late January to late March downtrend at 5028-5280. https://t.co/YIo7oWw7FV
SPX Needs 6855 Breakout to Reach 7K
$SPX - Ended a 7 day up streak after almost reaching the 78.6% retracement of the late January to late March downtrned at 6855. The March 30 low was confirmed as an intermediate term low but it needs a close...
IGV Near Support; Below $74 Triggers Drop to $65
$IGV - Broke the major support at $76, but has reached the 62% retracement of the 2022-2025 bull market at $74, so it can't be ruled out that this is not a real breakdown. However, a close below $74 will...
