To The Moon

The $S&P 500(.SPX)$ traded in a narrow range, respecting the daily levels shared yesterday. The 7,745 central daily level acted as anticipated resistance signaling weakness since yesterday. From there, the index moved sideways down to the first daily support at 7,697. Energy prices surged today since markets faced a renewed wave of caution as geopolitical negotiations hit temporary stops (as anticipated during the weekend, Geopolitics is the constant question mark in the market today). On the other hand, economic data showed this morning a slight rise in weekly U.S. unemployment claims, tomorrow the July employment report will be released early in the morning. Opening reversals remained a theme today. $Micr

Over the last few days, we have seen very rapid moves in extended hours (after or before the market opens) following earnings reports on both the bullish and bearish sides, not to mention pre-market shifts driven by developments in the conflict in Iran. Regardless of whether the situation is bullish or bearish, sharp reversals are occurring. Today, this publication focuses on educational content about how to combine support and resistance levels with other technical indicators. The key question when using levels is: How to anticipate whether a level will act as a reversal zone? Last Friday, the support and resistance levels for this week included educational content on setting a hierarchy of monthly, weekly, and daily levels, along with preliminary considerations for combining them. Today,

The $S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ extended their advance on Tuesday, confirming the bullish weekly setup highlighted over the weekend. Both indices opened above their key weekly pivot levels, reinforcing the view that the current move could mark the beginning of another leg higher rather than just a short-term rebound. As the rally developed, price continued to validate key technical levels. For the S&P 500, Monday's move above 7,563 confirmed the initial bullish trigger. On Tuesday, the index held above its daily pivot at 7,571.8 before steadily clearing successive resistance levels at 7,638 and 7,677. By the close, the S&P 500 had reached 7,744, finishing the session at a fresh all-ti

Three charts caught my attention heading into this week. The semiconductor trade is approaching another key test, while $AAPL is beginning to show signs of a longer rebuilding phase after its recent reversal. Here's what I'm watching on $SMH, $AMD, and $AAPL. 1. $VanEck Semiconductor ETF(SMH)$ Price action reversed on Friday from the 20 day moving average for the third time recently. If the move repeats its previous sequence, the lower Bollinger Band is the destination once again, resting today at $504. Different this time? 2. $Advanced Micro Devices(AMD)$ AMD earnings this week. The rally faded last Friday when the price faced rejection at the 20 daily moving average. Decline to the lower band and bounce a

The final week of July 2026 was a dramatic, high-stakes rollercoaster on Wall Street as expected. After navigating sharp sector swings, a highly divided Federal Reserve meeting, and heavy macroeconomic data, a late-week short squeeze in technology enabled the broad market to claw back into positive territory for the week. Many storms were anticipated last week in this publication, with each day bringing its own unique set of volatility drivers: 1. The Federal Reserve: A Hawkish Hold The Federal Reserve took center stage on Wednesday, voting 9–3 to leave its benchmark interest rate unchanged in the 3.50% to 3.75% range. However, the decision was far more hawkish than anticipated. Three regional Fed presidents dissented, voting instead for an immediate 25-basis-point interest rate hike due t

In the noise of daily market fluctuations, traders often chase price action blindly, reacting to headlines long after institutional algorithms have already made their moves. To navigate this complexity, structured quantitative analysis provides a distinct edge. By utilizing a multi-timeframe framework of monthly, weekly, and daily levels, you can map out the market’s roadmap well before the opening bell. These levels are not arbitrary lines; they anticipate where institutional algorithms are likely to react. These levels are waypoints, to successfully trade them, you must assess real-time price action alongside overbought and oversold conditions. Here is how to structure, sequence, and execute this multi-timeframe approach for maximum clarity. Understanding the Hierarchy of Timeframes When

Last night in the mid-week update, I mentioned how likely a bounce was for today given oversold conditions in the $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $VanEck Semiconductor ETF(SMH)$. I also noted how oversold $Amazon.com(AMZN)$ was to guard against further declines, clarifying that technicals do not anticipate earnings reactions. In a neutral way, I highlighted that $Apple(AAPL)$ was overbought and outlined the technical reasons why a decline was likely. Both of those expectations played out today 🎯. Following its earnings release, $Meta P

U.S. stocks closed sharply lower, suffering a steep broad-market sell-off catalyzed by a combination of hawkish Federal Reserve division, mounting inflation fears, and geopolitical escalation. The Federal Reserve voted 9–3 to maintain benchmark interest rates steady at 3.5% to 3.75%, marking an ongoing pause . However, the decision rattled investors as three regional Fed presidents dissented in favor of an immediate quarter-point rate hike due to sticky inflation. This divided stance, coupled with Warsh’s commentary highlighting persistent price pressures, triggered a strong sell-off as the price of the $S&P 500(.SPX)$ reversed from 7,452, our key central monthly level that has defined momentum and volatility over recent days. Compounding t

$VanEck Semiconductor ETF(SMH)$ : Be careful being too bearish. My daily market update provides the key levels for tomorrow on $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ , and $SMH. Also an update of my high probability setups. My bullish targets for $Apple(AAPL)$ $Netflix(NFLX)$ $Wal-Mart(WMT)$ $Costco(COST)$ have been reached as my bearish ones for $SMH and $Advanced Micro Devices(AMD)$ The vanishing rally was expected for $QQQ as posted during the weekend,

Investors continued pulling capital away from AI-driven semiconductor darlings and rotated into consumer, healthcare, and industrial sectors. The semiconductor rout worsened as the Semiconductor ETF $VanEck Semiconductor ETF(SMH)$ tumbled for a fourth straight day, with individual memory leaders $Advanced Micro Devices(AMD)$ and $Micron Technology(MU)$ each plunging over 8%. Meanwhile, robust Q2 results fueled a massive surge in the Dow. Paint maker $Sherwin-Williams(SHW)$ jumped over 8%, $Coca-Cola(KO)$ rose 5% after raising its full-year guidance, and