Next week's financial estimates for Monday (N/SMCI/SPY/DJT) 🧐🤔

Good evening

Next Monday is 11/04 meow~ 😺 This time it's the analysis of Nasdaq/SMCI/SPY/DJT meow~ 😸

Nasdaq saw a sudden rise to 139 in the after hours due to the news of Dow inclusion.Intel is down in stock news.
Even if N rises to 139, the downward pressure is not invalidated. Currently, it touched the bulls-eye at 139.83, but did not reach the extension target of 140.99.
Next week, there is a possibility of rising above 140.99, but there is also a possibility of a pullback.As for Monday's points, breaking through 140.09 to hold and break through 140.99 to reach 141.85.
If it follows the scenario of an expanded ABC pattern, it may rally for C, which could lead to a pullback for correction and a potential bounce.

Looking at it as Wave 5, if it does not hold and break through 141.85, it will fall to Wave 4 at 137/132/128.There is also a possibility of falling to 121 at worst.

In any case, if 141.85 is broken, there will be further rise to 144.89/152.47.If it rises, 156 may come into view.

🚨I was concerned about SMCI and found a cliff when I looked.Sideways at 26.Financial results on 11/05!

Super Micro Computer Inc., a retailer of high-performance servers and liquid-cooled AI racks, is currently in a state of chaos, battling suspicions of financial misconduct, a preliminary investigation by the Department of Justice, the nightmare of audit-related issues including losing the second auditor in about 18 months, and facing imminent delisting from the Nasdaq exchange.Currently, Mizuho analysts claim that as Super Micro Computer is NVIDIA's third-largest customer, NVIDIA may not emerge unscathed from this major turmoil.

Sideways at 26, touched bull's eye at 25.70! However, if it's an ABC pattern of Wave 5, it may continue the downward trend.

Micro resistance of Wave 4 is at 34.87, so it is risky if it does not break through 34.87 and hold & break 38.71.If you hold 44.57, it seems like a safety zone.

On Monday, the oversold bounce may see Wave 4 or Wave B recover upwards.As far as the WXY retracement is concerned, it will be a very clear 3-wave downward correction. There is a possibility that the resistance of Wave 4 may rise to 37.71, and if it can break through and surpass this level, the resistance of Wave B will be 45.85.If it fails to break through the 50% resistance at 37.71, it may break down again in Wave 5, changing to an ABC retracement that falls to 22.96.

🚨SPY seems dangerous too.

If you break through the micro support at 575.88 (575.96) and hold & break 583.76, it will continue to rise.If you break through the swing high of 586, the extension targets are 591/594.

If you cannot break through 575.96, there will be deeper retracements at 568/566/563.In the worst case, 561/555/545.

🚨DJT depends on the presidential election, but it is maintaining 30.

Looking at the chart analysis, it seems that the current situation is looking for an oversold bounce between 29.23 and 32.06.If it does not hold and break 42.79-43.76, the downward pressure will continue.If broken, 51.62/51.81If it continues to rise, 51.81/64.91

If it falls below 29.23, it will continue to decline at worst to 21.54.

It all depends on the election results.