Bottom Watch: SPY, NVDA, IREN and CIFR All Trigger Bullish Setups

PeterDiCarlo
06-12 16:27

Markets are showing early signs of stabilization as SPY tests key resistance levels following geopolitical headlines.

Meanwhile, NVDA, IREN, and CIFR are flashing potential bottoming signals across key technical timeframes.

1. $SPDR S&P 500 ETF Trust(SPY)$

Trump cancels continued strikes on Iran

$SPY is pumping and the 1hr is now testing 33FVB once again

Key zone. If we can sweep this level short term bottom is in and we can look to fill that gap at $755

2. $NVIDIA(NVDA)$

$NVDA 4hr BX increasing and coming out of this wedge

Good sign for a bottom

Next step is Daily BX increase

3. $IREN Ltd(IREN)$

$IREN 4hr bouncing off major support with BX increase

This is a good sign that this should hold and bottom

Next step is Daily BX

4. $Cipher Mining Inc.(CIFR)$

$CIFR Re-Load Zone tested

4hr BX increasing and this is a strong sign of a bottom

Next we want to see the Daily BX increase


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