SmartReversals

I care about helping you navigate this market. Nowadays, it's all about permabears & permabulls, I use technical indicators with objectivity. God First.

    • SmartReversalsSmartReversals
      ·10-29 14:09

      6 best Daily Charts - $TSLA Eyes $380 as $NVDA, $GOOG and $NOW Flash Warning Signs

      Tech stocks are showing diverging technical setups, with bearish signals emerging in $NVDA, $GOOG and $NOW, while $TSLA consolidates near key moving averages. $AMZN is approaching a potential bullish reversal, and deeply oversold $META could be setting up for a relief bounce. Here are the key levels and setups to watch 👇 🐂 $Tesla Motors(TSLA)$ Consolidation signals are emerging. Mean reversion toward the rising 20-day moving average is common in this setup, and that average is approaching the 200-day moving average. Could $380 be next? 🔻 $NVIDIA(NVDA)$ A bearish engulfing candle points to possible downside continuation. With the close below the next session’s central level of 216.6, the technical targets
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      6 best Daily Charts - $TSLA Eyes $380 as $NVDA, $GOOG and $NOW Flash Warning Signs
    • SmartReversalsSmartReversals
      ·10-29 14:02

      Will Corporate Earnings Change Market Momentum?

      As mentioned last night, with rate hike odds sitting below 10%, a hike today was highly unlikely. The primary market driver today was going to be corporate earnings reports posted after the closing bell. The $SPDR S&P 500 ETF Trust(SPY)$ held the Central Daily Level (CDL) posted last night as firm support. Our 7,712 bull/bear level cleared the way for upside toward 7,746, which sat just three dollars above today’s close. Price action lacked strong conviction as the market had already priced in the Fed’s rate pause and shifted focus to earnings after the bell. Throughout this earnings season, I provide fundamental research in downloadable one-pagers for all permanently tracked securities to paid subscribers. Those reports include multi-year tren
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      Will Corporate Earnings Change Market Momentum?
    • SmartReversalsSmartReversals
      ·10-28 16:10

      $QCOM Breaks Out as $SPOT Reverses and $QQQ Hits Resistance

      The market is sending mixed signals, with bullish breakouts, bearish reversals, and critical support levels all in play. 👀 Here are the levels and signals I'm watching next. 1. $Qualcomm(QCOM)$ — 50DMA Breakout Signals Stronger Momentum 📈 Qualcomm has turned constructive after breaking above its 50-day moving average (50DMA). Reclaiming $183 as the CML marks a significant momentum shift and supports the bullish breakout thesis, leaving room for further upside. 2. $Spotify Technology S.A.(SPOT)$ — Bearish Reversal Plays Out 🎵 Spotify is following the bearish reversal setup flagged over the weekend, with the stock now down 5% since that call. The expected weakness is playing out, keeping the bearish thesis
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      $QCOM Breaks Out as $SPOT Reverses and $QQQ Hits Resistance
    • SmartReversalsSmartReversals
      ·10-28 16:06

      Daily Charts - $IREN Bottom Watch, $AMZN Resistance, $CRWD Momentum

      Markets are showing mixed technical signals, with some stocks attempting to stabilize while others continue to build bullish momentum. Here’s what I’m watching on the charts. 👇 1. $IREN Ltd(IREN)$ The bullish RSI divergence thesis described during the weekend continues in play. 27.5 is a relevant resistance to watch, 30 is the next one. The overall structure suggests more consolidation is needed before considering a bottom is in. 2. $Amazon.com(AMZN)$ Bounce from oversold conditions finding resistance at the confluence of moving averages. I send modeled levels for the next session via email daily, (join using the link in bio), for tomorrow bullish above 252.2 targeting 255.6 & 258.1. If 252.2 is lost,
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      Daily Charts - $IREN Bottom Watch, $AMZN Resistance, $CRWD Momentum
    • SmartReversalsSmartReversals
      ·10-28 15:58

      Moment of Truth: Vanishing Rally or New Highs?

      Every Friday, I post modeled levels for the week ahead across more than 40 securities. This week’s Support and Resistance framework anticipated bullish conditions for the $S&P 500(.SPX)$ once price reclaimed 7,668, setting 7,725 as the first upside target. That target was reached today, where afternoon price action stalled into indecision. As you know, indecision right below resistance demands caution for longs, just as stalling above support warns shorts, particularly around weekly levels. Because weekly levels can span a wide range (not to mention the monthly levels also updated here), I provide daily levels to map early reversal warnings or validations and intermediate support and resistance levels. Mirroring the Central Weekly Level (CWL),
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      Moment of Truth: Vanishing Rally or New Highs?
    • SmartReversalsSmartReversals
      ·10-27 16:09

      $SPOT Looks Overheated, $TSLA Breaks Out and $AMZN Faces Earnings

      The technical setups are diverging. $SPOT is showing signs of overheating, $AVGO is attempting a recovery, and $AAPL may have further downside before buyers step back in. Meanwhile, $TSLA has cleared a major technical hurdle, and $AMZN earnings could bring a sharp move. 👇 🔴 $Spotify Technology S.A.(SPOT)$ | Is 530 the Next Target? The latest price action confirms the overheated conditions flagged over the weekend. Momentum is cooling, and a move lower to fill the gap around 530 is now a possibility. 📉 The key question is whether this is a short-term reset or the beginning of a deeper pullback. 🟢 $Broadcom(AVGO)$ | Bullish Divergence Signals a Rebound $AVGO has bounced off the lower Bollinger Band, with bu
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      $SPOT Looks Overheated, $TSLA Breaks Out and $AMZN Faces Earnings
    • SmartReversalsSmartReversals
      ·10-27 16:02

      $SPX Bounces, but $IWM and $QQQ Face Key Tests

      The market rebound is gaining traction, but the recovery still needs confirmation. $SPX is bouncing from a key technical level, while $IWM and $QQQ are approaching important tests that could determine whether bullish momentum continues into Tuesday. Here are the levels to watch. 👇 🟢 $S&P 500(.SPX)$ | Bullish Above 7,673 The S&P 500 staged a constructive rebound from the lower Bollinger Band, opening the door for a modest continuation higher. 🎯 Tuesday’s key levels 7,673: Bullish trigger 7,706 → 7,735: Upside targets 7,643: Pullback level to watch The setup favors buyers above 7,673, but expectations remain measured. This looks more like a modest rebound than a major breakout. ⚠️ $iShares Russell 2000 E
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      $SPX Bounces, but $IWM and $QQQ Face Key Tests
    • SmartReversalsSmartReversals
      ·10-27 15:56

      A Bullish Start to a High-Stakes Week

      On Saturday, I highlighted the key support levels where last week’s selloff stalled: a long-term moving average for the $S&P 500(.SPX)$ and an annual level for the $NASDAQ 100(NDX)$ . Both lines held as support. Now, price must hold key weekly levels to maintain momentum and prove that this bullish start to the week can carry through Friday and it will not vanish as it has happened several times recently. Risk remains elevated, the $Cboe Volatility Index(VIX)$ sits near 18 despite today’s pullback, meaning price action can easily trap both bulls and bears. That said, several setups highlighted on Saturday are moving in our favor:
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      A Bullish Start to a High-Stakes Week
    • SmartReversalsSmartReversals
      ·10-26

      $SPX + KEY STOCK SETUPS FOR MONDAY 🐯

      The market is giving mixed signals, and Monday’s best opportunities may come down to how price reacts at key technical levels. Here’s what I’m watching across $SPX, $AAPL, $AVGO, $SPOT, $NOW, $CRWD and $IREN. 👇 🔹 $S&P 500(.SPX)$ Friday’s price action was indecisive, but the index is not oversold. 📉 Bearish below 7,632 🎯 Targets: 7,603 → 7,583 🚧 Hard resistance: 7,647.2, then 7,651.9 📩 I send modeled levels for the next session by email every day. Join the list via the link in bio. 🍎 $Apple(AAPL)$ Indecisive price action near the upper Bollinger Band has historically led to a pullback toward at least the 20DMA. This time may be no different, with 338 in sight. ⚡
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      $SPX + KEY STOCK SETUPS FOR MONDAY 🐯
    • SmartReversalsSmartReversals
      ·10-25

      Blockbuster Week: Mega-Cap Earnings, FED and PCE

      A very choppy week has ended, bringing the anticipated vanishing bounce. The Volatility Index ( $Cboe Volatility Index(VIX)$ ), $S&P 500(.SPX)$ , and $NASDAQ 100(NDX)$ have been studied with clear indicators, and their setups anticipated both the previous week’s decline and the recent choppy price action closing in the red. This week’s bearish trigger came from the technology sector, driven this time by capital expenditure concerns for $Meta Platforms, Inc.(META)$ , which turned negative in free cash flow; the market simply needed a catalyst, and it arrived from the corporate front. What is particularly interesting is
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      Blockbuster Week: Mega-Cap Earnings, FED and PCE
     
     
     
     

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