SPY, NVDA, COIN, UNH, AVGO: BX Cycle Check

PeterDiCarlo
12-01

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

SPY futures are down ‑0.7% overnight and I’m not a fan that weekly bias is still 🔴

That said, the Monthly BX bull cycle is still in play.

As long as it stays green through December, I expect each dip to get bought up rather than start a real bear market.

2. $NVIDIA(NVDA)$

I’m looking to go long if we get this dip. 🚨

Monthly BX bull cycle is still in play. If weekly price pulls back into bias, that’s my buy zone – not bearish, just waiting for the discount.

From there I’m pricing in a breakout to new all‑time highs by Feb 2026.

I’ll alert you when I take the trade. 🔔

3. $Coinbase Global, Inc.(COIN)$

COIN bull market cycle is over. ❌

Monthly BX closed dark red for November, so I’m cutting my shares tomorrow and moving on.

I’m expecting a selloff toward worst case ~$180.

Once the monthly BX turns back up, I’ll look to go long again.

4. $UnitedHealth(UNH)$

UNH $450 target by end of 2026 is still in play. 🚨

Price action has slowed, but the monthly BX is still increasing and we’re firmly in bull market territory.

In my view, this is a time to load up for the 2026 breakout, not panic. 🚀

5. $Broadcom(AVGO)$

AVGO is +65% since our latest Monthly BX bull cycle kicked off.

Average Monthly BX move is +75%, so we’re probably in the 7th inning of this run.

Not the time to start a new long. I closed my remaining calls in the options fund last week and will look to re‑enter on a shorter‑term pullback.

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