SmartReversals
SmartReversals
I care about helping you navigate this market. Nowadays, it's all about permabears & permabulls, I use technical indicators with objectivity. God First.
17Follow
1509Followers
0Topic
0Badge

$NVDA and $MSFT Are Flashing Technical Warning Signs

Two mega caps. Two different technical setups. One thing in common: the charts are starting to look stretched. 👀 $NVIDIA(NVDA)$ The preliminary weekly candle is shaping up as a shooting star, while Stochastic has triggered a bearish crossover. That combination matters because similar formations have previously appeared ahead of multi-week declines. The setup isn't confirmed yet. To invalidate it, $NVDA would need a strong bounce tomorrow. But there’s a problem: $216.70 is acting like a bearish magnet. If price continues struggling around that level, the weekly reversal setup remains in play. $Microsoft(MSFT)$ This chart is telling a different story. Price has been compressing into a narrow range while the
$NVDA and $MSFT Are Flashing Technical Warning Signs

$SPX Is Going Nowhere but the Market Is Getting More Volatile

The stock market continues through a choppy season, where overnight moves and gaps have become the new normal. However, the current price action regime can be navigated those gaps in our favor, as we have done for $Tesla Motors(TSLA)$ $Netflix(NFLX)$ $Alphabet(GOOG)$ $Meta Platforms, Inc.(META)$ $Broadcom(AVGO)$, and the $S&P 500(.SPX)$ itself; as gaps typically trigger counter-moves. Since Monday, the gap at 7,651 has been on our radar for the SPX. Tuesday’s indecision added warning signs, and Wednesday’s retrace, confirmed by the
$SPX Is Going Nowhere but the Market Is Getting More Volatile
avatarSmartReversals
09-24 15:06

$GOOG, $TSLA and $META Flash Different Setups as Bollinger Bands Stretch

Three mega caps, three slightly different setups. 👀 🔵 $Alphabet(GOOG)$ Price breached the upper Bollinger Band, which often brings a pullback or mean reversion into play. There’s still unfinished business around $330, while the stock is sitting in an oversold/discounted setup according to this framework. 🎯 That puts $330 on watch as a potential level for the next move. ⚡ $Tesla Motors(TSLA)$ Tesla is showing a setup similar to the $AAPL shooting star we discussed yesterday. Price pushed through the upper Bollinger Band, but the candle structure shows indecision rather than clean continuation. If the reversal pattern plays out, $363 becomes the first downside level to watch. 🟣
$GOOG, $TSLA and $META Flash Different Setups as Bollinger Bands Stretch
avatarSmartReversals
09-24 14:45

SPX: Gap Fill in Progress

The $S&P 500(.SPX)$ rallied on Monday in a very rapid way to a high weekly target, that day I posted two charts highlighting the reason why a consolidation/reversal could follow. Yesterday indeed formed a doji candle on the daily timeframe. I anticipated the Central Daily Level (CDL) of 7,767 to paid subscribers, noting it as the key level to watch today (bearish below, bullish above). Price action lost this level at the open and broke through the support levels one by one (7,753, 7,741, and 7,727) before finding support at the weekly zone of 7,702. Yesterday, we reviewed bearish factors, including the shooting star on $Apple(AAPL)$ (which correctly anticipated today’s retrace), low market breadth, an
SPX: Gap Fill in Progress
avatarSmartReversals
09-23 10:54

Two Mega Caps, One Warning: $META and $AAPL Flash Exhaustion

🐯 Hey Tigers! Two of the market’s biggest names are flashing remarkably similar warning signs today: $META and $AAPL. ⚠️ $Meta Platforms, Inc.(META)$ Three exhaustion signals showed up at the same time: 1️⃣ Price breached the upper Bollinger Band, putting the stock in overbought territory. 2️⃣ A shooting star formed as buyers gave back part of the day’s gains. 3️⃣ The Stochastic oscillator crossed over in the overbought zone, adding another exhaustion signal. When all three appear together after a strong rally, a healthy pullback becomes worth watching. 🍎 $Apple(AAPL)$ The setup is also turning more defensive. A shooting star formed while price breached the upper Bollinger Band, with the oscillator alread
Two Mega Caps, One Warning: $META and $AAPL Flash Exhaustion
avatarSmartReversals
09-23 10:45

$SPX Momentum Fades as AAPL, META Flash New Exhaustion Signals

📉 $S&P 500(.SPX)$ is starting to lose momentum after moving too far, too fast. As noted yesterday, the recent move in $SPX stretched the level structure, so today’s muted session was largely in line with that caution. Meanwhile, $Cboe Volatility Index(VIX)$ completed its unfinished move to 14.5, while the percentage of $SPX stocks above their 200-day moving average slipped to 51%. ⚠️ The bigger signal may be coming from $Apple(AAPL)$ . I’ve been tracking $AAPL closely in the daily note this week after flagging possible exhaustion last Saturday. Today’s shooting star adds another warning sign. It matters beyond AAPL itself. If the setup develops into a broader
$SPX Momentum Fades as AAPL, META Flash New Exhaustion Signals

SPX Rally: If You Chase, Do So with Caution

Today’s move in the $S&P 500(.SPX)$ validated the bullish price action formed last week after bouncing from 7,513 as our extended bearish target. The price consolidated with conviction above the modeled central level of 7,605 that validates momentum (bullish above, bearish below). Today we’ll examine the context, since the price reached our extended bullish target in a single day while the SPX gained 1.5% and the $Cboe Volatility Index(VIX)$ stayed neutral. In my latest publication, I highlighted how valid it was to stay bullish with $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $Alphabet(G
SPX Rally: If You Chase, Do So with Caution

$SPX Breadth Is Fading While $GOOG Finds Support

The market’s recent bounce is facing an important test. For $S&P 500(.SPX)$ , the percentage of stocks trading above their 200-day moving average is currently around 52%. That keeps the market just above the 50% level that has historically mattered during broader selloffs. The bigger concern is the trend. 📉 The indicator continues to form a series of lower highs, suggesting that participation has been weakening even as the index itself tries to stabilize. A break below 50% would put the market in a different technical setup, where selling pressure can accelerate. Next week could therefore be important for $SPX: holding this area would help validate the bounce, while losing it would raise questions about whether the recent recovery was simply t
$SPX Breadth Is Fading While $GOOG Finds Support

Make or Break for SPX: Critical Week Ahead on the Charts

Last week, I was bearish on the $S&P 500(.SPX)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ $iShares Russell 2000 ETF(IWM)$. They presented setups that were shared transparently here with paid subscribers. I always break down the exact reasons why a stock, index, ETF, or cryptocurrency is showing a strong bullish or bearish direction. This gives you the setup while teaching you how to read a chart a skill acquired over time through consistency. Reading an online infographic about candlesticks or skimming a single book is simply not enough; consistent practice is required. The targets were reached: 514.7 for DIA (a -2.1% move 🎯), 750.5 for
Make or Break for SPX: Critical Week Ahead on the Charts

Is the Bottom In? - Weekly Levels to Watch

A very volatile but successful week has come to an end. Last weekend, I posted high-probability setups, see their targets below: Bearish setups: $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ : Reached the target at 514.7 🎯 (a -2.1% move versus Friday’s close). $SPDR S&P 500 ETF Trust(SPY)$ : Reached the target at 750.5 🎯 (a -1.8% move). $iShares Russell 2000 ETF(IWM)$ : Reached 281.1 🎯 (a -2.5% move). On the bullish side: $Meta Platforms, Inc.(META)$ : Reached 671 🎯 (a +3.6% move). $Netflix(NFLX)$ : Reached its target at 79.4 🎯 (a +2.6% move).
Is the Bottom In? - Weekly Levels to Watch

$SPY Fills 758 as $QQQ Tests Resistance and $AMD Hits 550

Three very different setups are playing out across the tape today. 🔴 $SPDR S&P 500 ETF Trust(SPY)$ : The gap at 758 has now been filled, matching 7,610 on $SPX. That move was on the radar after price broke above the upper Bollinger Band. The market first trapped the bears, then turned choppy and eventually dropped 3.3% from the ATH. Now sentiment has flipped bearish, price has reached the lower Bollinger Band, and there’s a fresh gap to watch. 🔵 $Invesco QQQ(QQQ)$ : Yesterday’s oversold reading helped fuel the rebound. Price is now testing the bearish diagonal. The catch? There’s still a 711 gap sitting below. A close back above the diagonal could delay the retracement and give the short-term bulls anot
$SPY Fills 758 as $QQQ Tests Resistance and $AMD Hits 550

Indices Falling as Anticipated - What Comes Next

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
Indices Falling as Anticipated - What Comes Next

$SMH Is at a Crossroads With a Bounce in Play

$VanEck Semiconductor ETF(SMH)$ 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
$SMH Is at a Crossroads With a Bounce in Play

SPX filled its Gap, Is NDX Next?

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
SPX filled its Gap, Is NDX Next?

$SPX Lost 7,657 While $NFLX and $WMT Hit Their Targets

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
$SPX Lost 7,657 While $NFLX and $WMT Hit Their Targets

$AMD Breaks the Downtrend But May Need to Consolidate

$Advanced Micro Devices(AMD)$ 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
$AMD Breaks the Downtrend But May Need to Consolidate

Nasdaq Is Approaching a Key Decision Point

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
Nasdaq Is Approaching a Key Decision Point

Volatility Ahead: Rate Hike Risks Meet Weakening Breadth

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
Volatility Ahead: Rate Hike Risks Meet Weakening Breadth

$SPX and $QQQ Still Have Unfinished Business

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
$SPX and $QQQ Still Have Unfinished Business

DIA, SPY, AMD Among Seven Winners in a 4.1% Average Week

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 🎯 $Broadcom(AVGO)$<
DIA, SPY, AMD Among Seven Winners in a 4.1% Average Week

Go to Tiger App to see more news