To The Moon

Last week, we studied how to read the Setups Blueprint posted every weekend, covering momentum conditions, target prices, risk-to-reward ratios, and invalidation levels. We also reviewed how to manage support and resistance levels. Today, we will revisit them to reinforce the core concepts and examine the high-probability setups posted last Saturday, which accurately anticipated the decline in the indices and their targets 🎯. As anticipated last Saturday in the Weekly Compass, the market structure in the indices pointed toward bearish moves. Declines in the $S&P 500(.SPX)$ $Dow Jones(.DJI)$, and Russell 2000 were mapped as high-probability setups: $SPDR Dow Jones

$VanEck Semiconductor ETF(SMH)$ is sitting in an interesting spot. After the recent weakness, today’s candle showed some hesitation right around the lower Bollinger Band. That kind of price action can leave room for a tactical bounce before the next bigger move takes shape. 👀 The gap above is the level I’m watching first. If price starts moving toward it, that could keep $SMH stuck in another choppy session rather than giving us a clean directional move. But the downside levels still matter. ⚠️ No bounce and the pressure can build quickly toward 520, with 508 becoming the next level to watch. So for now, I’m keeping it simple: 📈 Bounce from the lower band → watch the gap 🌀 Gap pull → expect more chop 📉 No bounce → 520, then 508 come into focus $SMH

The Central Daily Level (CDL) anticipated yesterday for the $S&P 500(.SPX)$ at 7,620 was lost right at the opening today. There was no early warning for a bounce, and momentum remained bearish throughout the day with that level as resistance. Price action breached the first daily support level of 7,592 and found consolidation around the weekly level of 7,585. Momentum is bearish. The gap left behind on August 8th at 7,610 was finally closed yesterday, and price action continued its downward trend. The question today is: Will the Nasdaq100 follow? 28,842K is a bearish magnet and 29,2K is a bullish one, The Federal Open Market Committee (FOMC) kicked off its September policy meeting today. Interest rate expectations consider a 92% probability of

The bearish thesis for the major indices posted on Saturday was confirmed today; the $S&P 500(.SPX)$ opened below the central daily and weekly levels, setting a bearish momentum right from the start. The daily level (CDL) of 7,657 was lost from the opening and the price found support at 7,596.5, a support layer provided on Friday. The day was red for semiconductors, but it was not as ugly for the stock market in general. Individual names that I mentioned on Saturday as valid bulls like $Meta Platforms, Inc.(META)$ $Alphabet(GOOG)$ $Apple(AAPL)$ showed strength or resilience today. Among the setups highlighted with th

$Advanced Micro Devices(AMD)$ just cleared the symmetric series of lower highs, giving the chart a much more constructive look. The bigger confirmation is the recovery of the 50DMA, which puts the stock back above an important trend reference. Recent technical data also shows the 50-day average has shifted back into a bullish signal. 🔥 The breakout is encouraging. But I wouldn’t chase the move blindly. The oscillator is suggesting that some consolidation could come next, allowing the breakout to reset before another push higher. There’s also an open gap overhead that could become a near-term hurdle, especially with all the AI-related noise heading into the week. So the setup looks pretty straightforward: 📈 Breakout confirmed 📊 50DMA recovered ⏳ Con

Lower highs have dominated since June, and $E-mini Nasdaq 100 - main 2609(NQmain)$ is now pressing against the 20WMA. The bigger move may be close. A clean break below the 20WMA would put the 40WMA zone next in focus — roughly 9% lower from current levels. Losing 29,027 would add another major bearish signal. Meanwhile, the bearish diagonal on $Invesco QQQ(QQQ)$ remains intact. Today’s indecisive action was rejected at that trendline, keeping the downside structure alive. 🎯 Key levels 729 → potential short setup if reclaimed/filled first 712 → downside gap target 701 → next gap target 29,027 → critical $NQ_F support 20WMA → 40WMA → major downside path With Fed rate-hike odds sitting around 86%, there’s

Last week was choppy for the market as anticipated. I highlighted declines in the S&P 500 and the Dow Jones as high-probability setups, using $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ as the instruments to set the targets. DIA reached the bearish target of 522 for a -2.2% move 🎯, and SPY hit 761.8 for a -1.1% move 🎯. They actually extended their losses, but I mark the targets officially reached. Being bearish on the indices doesn’t mean that the entire market will fall; successful traders know that very well. While we were bearish on the indices, individual setups for

Good morning, tigers ☕️📈 The tape is showing some hesitation, but I’m not convinced the move down is finished yet. $S&P 500(.SPX)$ 📊 A doji has formed near the lower Bollinger Band, putting the index in an oversold area. That opens the door for a technical bounce, especially with the gaps above still sitting as potential targets. If CPI comes in around expectations, it could give that bounce some extra fuel. Still, I’d treat any rebound as a reaction until the chart proves otherwise. The downside move doesn’t look complete yet. $Invesco QQQ(QQQ)$ ⚠️ The bearish diagonal remains intact, with lower highs continuing to develop. Today’s indecisive action ran into rejection right at that trendline. Below, t

Another highly successful week has come to a close. The high-probability setups posted last week played out with an impressive success rate, hitting our price targets with high accuracy: $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ : Reached the bearish target of 522 for a -2.2% move 🎯 $SPDR S&P 500 ETF Trust(SPY)$ : Crossed the bearish target of 761.8 for a -1.1% move 🎯 $Advanced Micro Devices(AMD)$ : Comfortably exceeded the 504 target for a +5.5% move 🎯 $iPath Series B S&P 500 VIX Short-Term Futures ETN(VXX)$ : Spiked well above 18.5 for a +4.4% move 🎯 $Broadcom(AVGO)$<

U.S. stocks fell for a fourth consecutive session today as a fresh spike in crude oil prices and jumping Treasury yields weighed on investor sentiment. The August Producer Price Index (PPI) report revealed wholesale inflation grew by 0.4% month-over-month and 5.4% year-over-year. The combination of stubborn inflation and triple-digit oil prices (CL=F: $103.9) fueled bets that the FED will raise interest rates next week, with the current probability sitting at 71%. Adding pressure to the market, the European Central Bank (ECB) raised interest rates by 25 basis points today to control inflation pressures. Yesterday I noted that the bearish move was unlikely complete for the $S&P 500(.SPX)$ , considering a potential gap fill attempt to 7,667. The