I care about helping you navigate this market. Nowadays, it's all about permabears & permabulls, I use technical indicators with objectivity. God First.
$S&P 500(.SPX)$ : As anticipated yesterday, the $Cboe Volatility Index(VIX)$ declined; however, that was not the case for SP500, but the index managed to stay in the light green. No surprise, who would close with a big bounce ahead of a long weekend with such uncertainty? Bounce thesis still on.The lack of conviction in price action is widening again the lower Bollinger band. The potential implication is a delay in the bounce and the risk of lower lows. The oscillator is setting up a bearish reversal as well.Not a good close for the week, even with a resilient price action despite of $UnitedHealth(UNH)$$NVIDIA(NVDA)$
Charts tell stories, let's talk Moving Average Crossovers, considering the recent death cross in $SPDR S&P 500 ETF Trust(SPY)$ (50DMA in yellow and 200DMA in pink)Simple, effective, but not foolproof.ImageMAs smooth out price action. Think 20-day (short-term; blue), 50-day (medium-term; orange), 200-day (“the big picture” pink). A Crossover? It's when a faster MA goes above or dives below a slower one.🚀📉ImageBullish Crossover (aka "Golden Cross" for 50/200): Short-term MA breaks above Long-term MA. The market's whispering potential upside momentum. Could be confirmation or an early entry signal.SPY in February 2023:ImageBearish Crossover (aka "Death Cross" for 50/200): Short-term MA slices below Long-term MA. Suggests downside momentum kicking
1. $S&P 500(.SPX)$ - The low was right at $5,226: Indecision candle (mostly bearish), with bullish MACD crossover and the mentioned support that worked well today. A bounce tomorrow cannot be ruled out. Invalidation of the bounce thesis: $5,226. Image2.Bitcoin - I still see a bounce: Hammer breaching the lower band, followed by choppy price action, and finally bullish crossover in oversold zone.ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
Stock market analysis also follows trends. If you experienced the 2022 bear market and were active on social media, you likely recall the proliferation of Elliott Wave "experts," with every move neatly labeled as an ABC or a 1-5 sequence. When those patterns failed, the conversation would shift to the truncations of zigzags or flats.One crucial lesson I've learned over years in the stock market is that constantly switching between different analytical approaches can be costly. Every indicator offers a probability that fluctuates with price action. While understanding which indicators best explain current market movements is helpful, relying solely on statistical probabilities can be risky, as this approach often overlooks crucial chart patterns and overextended conditions.Today, the statis
$S&P 500(.SPX)$ - Conflicting signals: Bearish Death Cross (50-day MA crossing below the 200-day MA) versus a bullish MACD crossover. The indecisive candle closing near the 20 DMA suggests that this moving average is once again hindering the bounce's continuation. A red day following a bullish MACD cross is normal. All eyes on tomorrow's candle and the $5226 level, which is the line in the sand to invalidate the bounce thesis. $SPDR S&P 500 ETF Trust(SPY)$$NASDAQ 100(NDX)$$Invesco QQQ(QQQ)$ ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in tradin
Geopolitical tensions are directly impacting markets. The latest flashpoint? Rare Earth Minerals. Reports indicate China, controlling ~92% of global processing, is restricting exports to the US. This isn't just news; it's a major variable for investors. 🧵👇ImageWhy does this matter? Rare earths are CRITICAL for modern tech: iPhones, EVs, wind turbines, advanced weaponry (F-35s, subs), MRI machines & more. China's dominance gives it significant leverage, turning these minerals into strategic assetsThe reported export controls on 7 types of rare earths (+ related products like magnets) directly target key US industries. Unlike tariffs, this is leverage where the US has limited immediate retaliation options due to dependency (70% of US imports 2020-23 came from China).Portfolio Impacthis h
$S&P 500(.SPX)$ - Indecision Candle at the 20DMA, the Stochastic is curling down, and the death cross is confirmed.A hiccup is possible for tomorrow considering previous attempts to cross the blue line. But as long as price stays above $5,226 the bounce is still in progress.The loss of the 40 weekly average has proven to be a major signal anticipating a major correction. Since the signal has been more than confirmed, now it's worth watching the Average True Range, which has reached extreme overbought levels compared to bear market bottoms in 2008, 2018, and 2020. For 2022 it preceded a bear market rally starting in June of that year. $SPDR S&P 500 ETF Trust(SPY)$
$Tesla Motors(TSLA)$ : $217 has proven to be a strong support during the last month. Will it hold? Most likely, and If price stays above $247 next week, a breakout to $279 is possible.$260 can bring some turbulence, but as of now, it looks like that resistance has flipped to support.Image $NASDAQ 100(NDX)$ The initial euphoria following the tariff exemptions for smartphones, computers, and chips is fading. Futures have now halved yesterday's reaction.ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enj
$Invesco QQQ(QQQ)$ Death Cross Imminent: A death cross is a bearish chart pattern where the 50-day MA crosses below the 200 DMA. It's a signal of a potential long-term downtrend. The previous one was on March 2nd 2022; in the early stage of the bear market. There was a multi-week rally starting on March 15th, it made it to the 200 DMA, and then, another bear leg started.On May 1st 2020 the signal appeared, but in the middle of a V shaped bounce, it was reversed in few days. On December 4th 2018 it happened during the last stage of the selloff, reversing on March 2019 since that bear market also had a V shaped bounce.Similar short lived cases occurred in 2006, 2010, 2011, 2012, 2015 and 2016.On February 4th 2008, the signal preceded a major bear mar
$Apple(AAPL)$ - Gap Fill Imminent?The Setup indicates bullish continuation given the oversold conditions reached relative to oscillators and Bollinger Bands. The exceptions for Phones, Computers and Chips from the Tariffs add references to the thesis.This does not mean that the bottom is in, this means that most of the bearish move is in, and the content below analyzes the key indicators and levels to navigate next week.Given their very long-term perspective, their insights remain relevant over timeFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and e