Tag: #MarketTrends
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Bearish Patterns Take Over NVIDIA’s Chart
This week, NVIDIA is making headlines, and not just because of its impressive run in the stock market. A shock from China has raised some big questions about the company’s future. A new AI model, DeepSeek, has entered the scene and is reportedly delivering results comparable to other AI, but at a much lower cost.…
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Weekly Update S&P 500
The S&P 500 had an impressive week, gaining 1.5% as it maintained its recent bullish momentum. Examining the 4-hour chart (with each candle representing 4 hours), we saw significant action unfold. After some volatility early in the week, the index finished on a strong note heading into Friday. The last two weeks have been especially…
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Is This the Healthcare Sector’s Next Bullish Move?
Understanding XLV’s Long-Term Picture When it comes to analyzing the Healthcare sector in the S&P 500, XLV is in the spotlight. Let’s start with the long-term chart—each candle here represents one month, spanning all the way from 2008 to today. What makes this chart fascinating is the clear, upward-rising trend channel, marked by green support…
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Weekly Update S&P 500
Welcome to this week’s S&P 500 newsletter! The week kicked off with strength, delivering some much-needed optimism after a rough prior week. While the S&P 500 ended the previous week with a 2.0% decline, we saw a strong recovery of 3.0% this week. Monday’s rally set the tone, and the momentum carried into Wednesday. For…
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Technical Breakdown of GDX: Testing Resistance Levels
The gold miner ETF (GDX) has been moving within a well-established trend channel since 2015. Let’s break down the charts to understand where it might head next. Monthly Chart: The Big Picture Since 2015 Looking at GDX’s monthly chart, we see a steady upward trend channel framed by a green area at the bottom (support),…
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Weekly Update S&P 500
Welcome to our weekly S&P 500 analysis. This week, the market saw a significant decline, with the index losing 2%. Last week, we anticipated another test of the key 6,000-point psychological level, and that’s precisely what happened earlier this week. The S&P 500 attempted to break above this barrier on Monday and Tuesday, only to…
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T-Mobile: A 15-Year Trendline Analysis
This week, we’re diving into T-Mobile’s stock with an interesting chart that dates back to 2009. This chart uses a logarithmic scale, showcasing a clear and steady trend channel defined by three parallel trendlines: the green line at the bottom, the grey line in the middle, and the red line at the top. Each line…
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Weekly Update S&P 500
This week’s S&P 500 saw a minor decline of 0.7%. Losses persisted through the first half, with Monday through Wednesday marking gradual declines. However, Friday offered a promising recovery, as the index rose by 1.5%, closing just shy of critical levels. Reviewing the 4-hour chart, we observe the December 18th downturn initiating a corrective phase.…
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Meta’s Weekly Chart Analysis
Since hitting a low in October 2022, Meta’s stock has seen an extraordinary rise of 500%, outpacing many of its peers in the tech sector. This dramatic rebound underscores Meta’s resilience as the company continues to recover from challenges it faced in the preceding years. Examining the weekly chart, we observe three key parallel trendlines—green,…
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Weekly Update S&P 500
Welcome to our weekly newsletter on the S&P 500. This week, the S&P 500 experienced a gain of 0.6%. When observing the four-hour chart, the last two weeks displayed notable volatility. Last week saw a sharp drop, whereas this week was less erratic, though the market still moved up and down. The result was a…