To The Moon

1. $Microsoft(MSFT)$ ⚠️ If the market pulls back, watch for a green $S&P 500(.SPX)$ + green $Cboe Volatility Index(VIX)$ combination — a potential reversal signal. $MSFT stands out as a strong reversal candidate, especially with a daily shooting star now appearing for the second time in the past few sessions. That setup is worth watching closely if broader market weakness develops. 2. $Broadcom(AVGO)$ 🚀 $AVGO has been on my breakout watchlist, and today's move is constructive — similar to Friday's action. After filling last week's bearish gaps, the stock has reclaimed the 20-DMA, improving the short-term structure.

Over the past few days, I have been highlighting our strong bullish setups for October, building on our successful calls in July🎯 ( $Microsoft(MSFT)$ +24%, $Apple(AAPL)$ +7%), August🎯 ( $SpaceX(SPCX)$ +32%, $Palantir Technologies Inc.(PLTR)$ +35%, BTC +25%, $Netflix(NFLX)$ +13%, $SPDR Gold ETF(GLD)$ +9%), and September🎯 $Advanced Micro Devices(AMD)$ +29%, $Meta Platforms, Inc.(META)$ +26%). While I have been skeptical about the broader indices, as I ofte

1. $S&P 500(.SPX)$ 📈 Indecision plus the gap below led to a quick fill. If price keeps moving higher, the Bollinger Band could provide resistance and trigger another move down to fill the gap at 7,684. A constructive setup bulls want to see completed for healthy continuation. 2. $Costco(COST)$ 🟢 The post-earnings bounce remains constructive, with a potential bull flag developing. 3. $Meta Platforms, Inc.(META)$ ⚠️ Upper Bollinger Band breach + overbought RSI + overbought Money Flow Index = a trifecta pointing toward a pullback. The 20DMA and potentially lower remain in play. Will this time be different? Unlikely. Still, this looks more like a healthy pullb

October Rally or Trap? Unpacking the Market's Inner Structure Seasonality is a small part of the equation. With price action leading the way and breadth indicators flashing caution, dive into this comprehensive technical review of indices, megacaps, and ETFs. Last week, I anticipated that there were cracks beneath the rally the $S&P 500(.SPX)$ had printed. During the prior week, the index closed with a +1.2% move that could be perceived as a bullish condition; however, I anticipated that the gap at 7,657 was going to be filled, quite an unpopular suggestion at the time. But that is exactly what happened. I post a daily note tracking the SPX and ES=F including their levels for the next session, also the main weekly movers from our watchlist. On

👀 $S&P 500(.SPX)$ is showing a potential bounce setup. The hammer candle bounced directly off the 50-day moving average, which suggests buyers are stepping in at an important level. But the setup has a clear line in the sand: 🔑 $7,656 must hold today. More importantly… 🚀 A move above $7,690 would break the bearish diagonal trendline and give the bounce a stronger technical confirmation. So I’m watching two levels: $7,656 → support$7,690 → bullish trigger One more gap up for the books. 📈 And yes… I expect this gap to get filled eventually. 👀 Markets are always moving - and sometimes, the best move is knowing what works for you. With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thi

The stock market experienced choppy, indecisive price action in the $S&P 500(.SPX)$ and $E-mini S&P 500 - main 2612(ESmain)$ struggled under the weight of surging bond yields. For most of the week, the 10-year Treasury yield surged as high as 5.35% early Thursday to set a fresh 24 year high, while the 30-year yield touched 5.62%, the highest level since 2002. This bond sell-off was fueled by a combination of fears that a resilient economy would keep interest rates higher for longer and escalating conflict involving Iran. Mid-week data kept investors on edge by presenting a mixed economic picture. The August Personal Consumption Expenditures (PCE) price index showed cooling inflationary pressur

As the week is about to close, let’s recall that in last Thursday’s edition I highlighted the high odds of a spike in the Volatility Index. Traders and investors must monitor the $Cboe Volatility Index(VIX)$ ; otherwise, you are taking on far higher risk than you realize. Monitoring the VIX helps time the market much more effectively. With that said, the VIX has jumped 10.2% this week, a significant move indicating that even while indices trade choppily, vulnerability to any bearish trigger is elevated. To be clear, I was bullish in the Weekly Compass posted on March 28th (in the middle of the panic), and by the final week of April, I documented the strength of the weekly price action observed over the first three weeks of that month, forecasting b

⚠️ The setups are diverging. $Invesco QQQ(QQQ)$ just printed a bearish shooting star — a warning that the recent bearish move could resume. The key level I’m watching: 🎯 $721 gap That gap remains a potential downside magnet, and with the anchored VWAP sitting well below current price, there isn’t much nearby support from that measure. 📉 Risk/reward currently favors the bears on QQQ. 🔥 $Tesla Motors(TSLA)$ is a different setup. TSLA is approaching a key demand zone right around its anchored VWAP. That’s where I’ll be watching the reaction closely. 👀 If buyers step in and defend the zone → potential bounce setup. If it breaks → the next downside levels come into play. QQQ → bearish candle + $721 gap TSLA →

U.S. stock indexes finished mixed today, marking the close of both the month and the third quarter. Growth and technology stocks carried the $NASDAQ 100(NDX)$ into positive territory with a 0.2% gain. However, the $S&P 500(.SPX)$ slipped 0.25%, and the $Dow Jones(.DJI)$ dropped 0.9% (DIA exceeded the bearish target of 511). Early-day optimism made the SPX reach the anticipated daily resistance of 7,720 and reversed rapidly towards 7,649, another level modeled yesterday for today’s session showing a how institutional algorithms react to these modeled levels with precision. Long-dated bond yields continued to weigh down the broader market, with the 10-year U.S.

The stock market struggled to find footing today as a surge in U.S. Treasury yields continued to pressure risk assets. Both long- and short-term government bond yields pushed to levels not seen in decades, capping any meaningful rebounds in equities. The benchmark 10-year Treasury yield climbed to 5.29%, marking its highest peak since 2007, while the 30-year yield surged to 5.62%, its highest mark since 2002. Adding to the bearish sentiment was a duo of weak economic reports. Data from The Conference Board revealed that U.S. consumer confidence has slumped to its lowest level since 2014, driven by anxieties over the cost of living and the labor market. This was followed by the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), which showed U.S. job openings fell to 7.09 mil