PLTR was up +4.78% today, which has many asking if it’s time to get back in. While the daily chart is still below resistance, the weekly chart looks great. We have a weekly squeeze, plus relative strength and the trend, with clear targets up at $250. Danielle likes this one for a long-term dollar cost average scenario.
Lots of moving parts now with volatility elevated. The VIX signal we have reviewed for a month appears ready to move soon. We are seeing some significant changes to the signals that will only reward agile risk management. Let’s review the core markets and the periphery to see how things are aligned into next week.
Today’s flush brought the indices into major support levels on the weekly charts. Do these levels hold and make for a great buying opportunity, or is there more selling to come? Let’s jump into the charts and take a look.
There’s a lot that’s been moving this week, but if you can stay focused on NVDA, AAPL, and the VIX, Henry thinks it will help with overall market direction.
