To The Moon

$S&P 500(.SPX)$ - Short-Lived Pullback: The price briefly touched $5,868 (or $585 for $SPDR S&P 500 ETF Trust(SPY)$ ) and bounced immediately. The Stochastic is forming a bearish crossover; the last time this occurred, a -2% pullback happened, though it was quickly bought up (yellow arrow). Will this time be different? Perhaps, given the divergence between the same oscillator and price. The levels mentioned are the key points to confirm any reversal ONLY if they are breached.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：Trad

The current price action suggests a consolidation phase. Previously in April, after reaching the upper Bollinger Band, the price consolidated around the $93K level for a couple of days before a significant upward move from the 20-day moving average. Given the recent heightened volatility, it's important to note that the bullish trend remains intact as long as the price stays above $100.8K, with a potential target of $108K. However, if the ongoing consolidation leads to a break below $100.8K, a move down to $96.6K would likely follow (Based on the rally during the weekend, these levels are updated).For 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 unlimite

$SPDR S&P 500 ETF Trust(SPY)$ : The Latest Doji Suggests ExhaustionConsidering the volume profile, key resistance lies at volume shelf A (bullish move), and strong support at volume shelf B (bearish reversal). The upper Bollinger Band indicates further upside potential while the RSI approaches overbought levels. $585,3 is the line in the sand to validate a pullback.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.💰Join the TB Contra Telegram G

It's been three weeks since the breadth thrust signal was triggered on April 24th, and five weeks since the New York Stock Exchange registered a rare bullish signal on April 9th. Both events were analyzed in real-time, including their statistical significance, the most relevant technical charts, and setups from previous years. Since each signal, the S&P 500 $S&P 500(.SPX)$ has rallied by 7.8% and 7.3% respectively, suggesting the stock market consolidated its launchpad around the $5,460 zone.Confusion, frustration, rejection – these are just some of the reactions I've observed when this signal appears in the market. If this is your first time encountering it, I hope you quickly adjust your market perspective. It is totally human and unders

$S&P 500(.SPX)$ - Timing a Pullback After a Breadth Thrust is a Challenge For that reason, turning off the news and staying long when the price is above the key support level pays out. The gap at $5,304 will last for long open, and the 200 DMA may act as support for any pullback. The Bollinger bands say the party is not over, also the RSI since it isn't overbought.ImageAnd I have a question：Why $Netflix(NFLX)$ is not a Magnificent one?It has performed better than most Magnificent Seven.And it was a FANG stock.For 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 unlimite

$Invesco QQQ(QQQ)$ : Is the latest candle a guarantee of a pullback? Not necessarily, as a similar one was printed on November 14th, 2023, a few days after a Zweig breadth thrust, and price action continued climbing. That gap is still open. #CPI imminent: In case of a pullback, $502 is a tight zone to manage risk, or $494, which would provide more space for price action.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.💰Join the TB Contra Telegram

$S&P 500(.SPX)$ - The Anticipated Squeeze is Happening: Price action was about to explode, and the $Cboe Volatility Index(VIX)$ closed the week with bearish shape (bullish for the stocks). A huge gap just happened. ➡️ Does the candle have bearish shape? yes, but this train may want to see the RSI overbought before a pullback, and the 200DMA is in a solid support position. The breadth signal from April 24th is proven its worth. $SPDR S&P 500 ETF Trust(SPY)$ 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!

$NVIDIA(NVDA)$ : Be as bearish as you want, but Nvidia is setting higher lows. The latest doji candles and overbought oscillator suggest that a consolidation is likely. So for next week bullish momentum is on as long as $115.4 remains as support, and if lost? Well, $111 - $112 has a confluence of support levels including the 50DMA.PS: A trader who controls emotions outside the screen won't break under pressure. Mental resilience is formed not in the market, but in daily life. Cultivate emotional discipline away from the charts, and you'll see a transformation in your trading.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

$S&P 500(.SPX)$ In the previous Weekly Compass, the outlook for the week that just ended included the possibility of a dip to $5,513 followed by a bounce. This was based on two indecisive daily candles highlighted in the chart below, situated near the 200-day moving average, with overbought fast oscillators and a gap at $5,581.The subsequent days saw the formation of more indecisive candles, including one on Wednesday that experienced a rapid flush and bounce, filling the gap and ultimately closing in the green despite the Federal Reserve's decision to maintain interest rates unchanged. The final outcome for the week did not reach $5,513, which was bullish, but it stayed essentially flat which suggests exhaustion and the need of a consolidatio

After a multi-week rally, the week concluded with indecision, a common characteristic of bounces. However, concerns persist regarding key resistance levels reached by the $NASDAQ 100(NDX)$ , such as the 200-day moving average, especially with ongoing trade tensions, and when the U.S. president said “buy stocks” on Thursday, the market did not react as on April 9th; similar case on Friday when the green action in the futures vanished during market hours.Seven consecutive indecision daily candles on the $S&P 500(.SPX)$ is an unusual occurrence, most of them have been dojis, and indicating an extended period of indecision and balance between buying and selling forces. In the context of a potential squeeze