BTC Bounce Aims for 50‑day MA, 200‑day at $77
$BTC - Another bear market bounce is in progress. The minimal target is the 50 day MA, the maximal target is the 200 day MA that is currently around 77500. Invalidation of my bearish view will happen only if it surpasses the May high. https://t.co/dFKRlWNPbA
S&P 500 Weekly Close Above 7582 Extends Rally
$SPX - After reaching the yearly R1 last week it found support around the 10 week MA. A weekly close above 7582 will likely extend the rally into September. On the other hand, a weekly close below the 10 week...
Microsoft Faces Three Paths: Bottom, Retest, or Bear Market
$MSFT - Potential scenarios: 1. Bullish - Bottomed this week after hitting the 200 week MA again. 2. Semi Bearish: retest of the March low(356) or a lower low but not lower than the 2025 low(345). 3. Bearish: Break 345 and enter a...
MSFT Turns Bearish After Losing Key Moving Averages
$MSFT - There have been 10 consecutive red candles since June 1st(not 10 down days, 2 of them were up days). It lost the 50 day and 100 day moving averages right after a bullish crossover. Now bearish on all...
SPCX IPO Dwarfs Meta's 2012 Offering Price
For those that are excited by $SPCX IPO, the most expensive IPO in history by far, here's a reminder of how META's IPO looked like in 2012, and it was much cheaper than SPCX is. https://t.co/l402i29jNO
RSI Pattern Mirrors Late July; Expect Potential Repeat
$SPX - I posted earlier how the 6 day decline in RSI at yesterday's low was similar to 07/24/24, but in terms of the interaction with the lower BB it's similar to 07/25/24. 4 days later it bounced to the...
Nasdaq Closes Friday Without Any Drawdown, Historic First
Apparently Nasdaq made history today because it didn't have any drawdown from Friday's close. https://t.co/7Za41Z4SJg
MSFT Needs to Stay Above 20‑Week MA to Remain Bullish
$MSFT - The week ended with a big bearish reversal around the yearly pivot at 461. Despite that the weekly trend is still bullish as long as it trades above the 20 week MA(currently at 408). A weekly close below...
VIX/VXV Spike Signals Potential SPX Bottom
One factor that is supportive of $SPX bottoming on Friday is the $VIX: $VXV ratio which had a quick spike from 0.80 to 0.99. That spike is similar to the spike from 0.81 to 0.96 on August 1, 2025. SPX...
Silver Holds Above 200‑Day MA, Gold Slides Below
$Silver - Hit its 200 day MA on Friday but closed above it. A close below the 200 DMA will lead to a retest of the March low at 61. Unlike silver gold closed below its 200 DMA so we'll...
MU's RSI Hits Record, Warning of Potential Crash
$MU - The 14 month RSI was at 90 at the end of May and is rising further as the stock is up another 7% today. The highest level its RSI has ever reached was 96 in September 1995. That...
Semiconductor Rally Nears $639, Crash Expected Later
$SOXX - The blow off rally in semiconductors is not over yet. The next upside target is the 4th yearly resistance at $639. Keep in mind that when this blow off rally ends this sector will probably experience a 20%-30%...
ETH Eyes $1,383 Bear Target; $880 Next Support
$ETH - The next downside target of the bear market that started last August is the April 2025 low at $1383. If 1383 is broken the 2022 low at 880 would be the next major support. https://t.co/JSOOku1rUl
Tesla Eyes $
$TSLA - Despite the choppy action we saw in the last 3 weeks it still has a bullish structure that is likely to lead to a continuation of the rally to the all time high at 499. That will change...
NVDA Needs 20‑Day MA Recovery or Slides to $200
$NVDA - Closed below the 20 day MA on Wednesday and failed to regain it on Friday. Unless it regains the 20 day MA tomorrow the next downside target would be the 50 day MA around $200. https://t.co/hyIzzCrg9a