$SPDR S&P 500 ETF Trust(SPY)$ The 30-minute chart has turned bullish, with candles holding above the 5, 10, and 20 EMAs and the middle Bollinger band. EMA 20 at 764.36 is the level to watch. That has to act as resistance for puts to make sense. The chart flipped from bearish to bullish today.
Daily chart check. Once again, the area below 15 was the buy zone. Every single time. There was a big spike above the middle Bollinger Band at 15.19. That's the key level to hold and turn into support. The 50 SMA at 16.46 is the key level to break. Price is hitting the upper Bollinger Band now, so it needs to bust through 16.50 to make a run toward the 100 SMA at 17.13. PSAR bull flip. RSI is above 50 and Fast STO is above 80. +DI bull cross on ADX. MACD's 12,26,9 and 8,13,5 both showing bull crosses. $SPDR S&P 500 ETF Trust(SPY)$ SPX $Eversource(ES)$ _F $Cboe Volatility Index(VIX)$
$NVIDIA(NVDA)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ Everyone already knew Nvidia was going to beat. Analysts look foolish for setting the numbers low, but they can't set them too high either, because a miss would look bad. Nvidia is the king of AI circular money, and Jensen convinced institutions to put up $500 billion for Nvidia's customers. Time for the $500 price targets.
$SPDR S&P 500 ETF Trust(SPY)$ $NVIDIA(NVDA)$ Circular financing. I don't know what that means, but I need to sell sell sell while saying "circular financing." Oh wait, I don't have shares. I need to borrow them. I will borrow them and sell sell sell. I will go into debt to sell sell sell because someone on the internet told me to.
$Cre8 Enterprise, Ltd.(CRE)$ This is normal. Other stocks got shorted heavily, and now those investors are frustrated and looking for payback, so they may try to pile into shorting CRE. But that probably won't work. Short interest should climb fast, and a lot of shorts could end up trapped. If you didn't already know, the next push could send this past $20. It's only Wednesday. This looks like it could squeeze very hard tonight.