NVDA, UNH, and SPY Show Strong Bullish Trends
The consolidation continues in play, and price action is overheated relative to the oscillator.
The latest candle shows an intraday reversal, so a visit to the volume shelf is likely, but also a bounce to all times high.
Pullback or straight move towards ATH?
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A big move is coming, this Bollinger squeeze will bring a major resolution.
Bullish or bearish?
I vote for the first one, managing risk at $311, so patience is key for longs.
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3. $SPDR S&P 500 ETF Trust(SPY)$
The volume shelf acted as support, and the index performed well for a geopolitical crisis and the bearish consensus.
The consolidation thesis is still in play considering de rejection level anticipated to subs. And as also documented to subscribers, this is a bull market.
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