TSLA
Tesla
-- 410.440 NVDA
NVIDIA
-- 144.470 CRNC
Cerence
-- 19.330 QSI
Quantum-Si
-- 4.290 MSTR
MicroStrategy
-- 339.660 
What will happen today?
↑S&P500 has returned to the channel... 💦 In terms of stocks, it may be a wake-up call for Trump trade, and this may be a theme for next year, but there is also a risk of inflation resurgence due to Trump policies... Perhaps this is a consideration of that. 💦 There is CPI tonight... I think the importance of CPI and PCE will be higher than in the August-September market (last year) so depending on the results, there may be a short-term sluggish feeling again ~![]()
Well, I'm currently looking at around 5800-5700 as the bottom, so if there are no surprises in the news, I plan to buy more or explore new options around that area. 💰 I bought TSLA at the best timing (the day before the earnings report), so if it's short-term, I can easily take profits, but maybe I'll hold until next spring... Honestly, there's too much to check, so I might look at it from a medium-term perspective with a long-term sense. 🎯
Since VIX is at the bottom of the range, I can totally understand a rebound here... I don't think the market is in a position to break downwards right now 💦 It might be good to consider a rise to about 18-20.
The interest rate has broken out slightly above the line ↑ Especially for those who dabble in assets like cryptocurrencies, I think there are people who were so excited with the Trump trade that they didn't check it, but laugh the interest rates are rising laugh and also heading towards an inverted yield again.![]()
I wonder if today’s CPI will determine whether this will be a fakeout or if it will soar upwards.
It seems that SOXX almost confirmed the three top pattern but did not completely follow through 💀 However, I don't think SOXX is in a high-price zone recently, so it's unlikely to drop to the three top theoretical level. 👼 By the way, the two yellow lines are my profit-taking lines for SOXS, and I believe it will probably reach around 217. Anyway, it depends on NVDA, so I hope it drops quickly before earnings to allow for profit-taking.![]()
I see NVDA's earnings as having an upside, so I think the adjustment will end around that time.
On a side note, I happened to be fiddling with my phone around 18:45, so I managed to escape right at the timing of the decline. I confirmed the hourly chart at 19:00 and entered short positions with a small amount on SOL, ADA, DOGE, ETH, SUI, and DOT.
Well, since it's a speed adjustment for BTC, it might drop below 80,000... I'm anticipating a drop to around 78,000, and I think it would be fine to start buying on dips or going long a few times from around that level. Even with a pessimistic view, it seems like a bottoming feeling will emerge above 76,000. ✨
I have a DOGE 4-hour chart as a bonus, and it seems to have broken through the consolidation to the downside, but it's somehow making a comeback towards the Fibonacci 0.236 level.
Actually, this one hasn't had a dead cross on the MACD or RSI above 70 with no divergence, and furthermore, the outside bar, which frequently appears in other symbols, has not emerged, so it's quite strong.
If it breaks upwards by 17:00, it will temporarily return to consolidation on the 4-hour chart, so the possibility of continued rise without correction is not impossible ✨
Even if it's an adjustment, it's a pretty strong stock, and although it might be rude to say this, it seems that there are quite a few people who are relatively inexperienced and are buying without looking at technicals. Typically, in such upward movements (like meme stocks), those kinds of people tend to flee quickly, so I was considering taking a deeper short position. However, this time it revolves around Trump (Elon), so I think it will be relatively resilient until the inauguration ceremony, and the decline might only reach around 0.305... After that, it might rebound and rise again.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment