NVDA Gap – META Expands – Market Holds

Market Action

QQQ – almost duplicate action to yesterday, holding the 21ema. slight fade from highs

Short Term Expectation based on the close is consolidation – Upwards leaning

Bulls want to see a push off the 21ema
Bears want to see us follow through lower and break the 21ema and today’s low

IWM – weaker and leaking a bit lower

Trends (3/4 Up)

Shortest – 10 Day EMA – below declining
Short-term – 21 ema – Above Rising
Intermediate term – 50 sma – Above Flat
Longterm – 200 sma – Up – Above Rising

Powered by the Leif Soreide Hight Tight Flag Masterclass

We are hosting a High Tight Flag Masterclass with Leif next month. Leif will be sharing his full process for Identifying, entering, and exiting these high potential setups, which can dramatically improve your performance.

You can register using the button below. Live spots are limited!

Groups/Sectors – % Change

From yesterday’s close on the left, from today’s open on the righ

Performance Charts from Deepvue

Deepvue Leaders Heatmap

Heatmap from Deepvue

Key Stocks in Deepvue

NVDA gap up, some positive murmurings about their next ai chip. Held up reasonably well

TSLA reversed lower

META great action from price shelf

VST nice follow through

PLTR nice action from tight range

CEG with vst nice push

GGAL push from tight day

CAVA little follow through from upside reversal

UPST tight at the 21ema

EME 10 ema pullback

Z orderly pullback to 21ema

DASH pulling into the 10 of the base

BNTX likely moves tomorrow, Up or down. Volatile name

KNF 10 ema

ONON 21ema pullback

Market Thoughts

Good to see NVDA hold that gap, see if it continues to do so. love seeing meta strong.

Day by Day – Managing risk along the way