The same signal that has been active for months in the indexes remains the primary signal, but now a critical part of the market (software) has reached support while another part of the market (hardware/semis) could try to trap bulls. Lots of moving pieces now, let’s review.
This is how I go through the markets quickly to find the best setups for the next trading day.
In this video, Allison walks through the charts on Google as well as the swing trade idea she is taking to the upside.
While most names on the Scorecard lean bearish, gold and semis show signs of relative strength. Let’s review the gameplan for $NVDA earnings, and the daily squeeze that could send gold higher from here.
