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The 4th test of the line so breakout should be more likely.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
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Countdown has started to NVIDIA show time. Open AI cutting capital spending in half should mean nothing because they didn't have 1.3 trillion dollars to begin with. The Mag 7 group spending 650 billion next year does mean something because they can and are borrowing. But of course the question is will the super duper NVIDIA forecast meet or beat.If they fail to meet looks like a fast drop down to 6,900 is very possible. A 90 point rocket to new all time highs seems like a lot but it could happen.
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