Total Quality
Score
172.39
169.0000000000
177
NVDA
1H
The analysis discusses potential market movements for the upcoming trading week, emphasizing recent consolidation in the SPY between 618.00 and 627.00. A breakout above the range is noted with a cautionary approach due to news-driven conditions and a change in video posting schedule to twice a week for YouTube. The analysis reviews trading within the range, suggesting puts at 627.00 with a stop-loss above 630.00, and calls around 620.00, seeking increased market volatility. Key levels for SPY are identified to be 620.00 and 618.00 to the downside, 630.00 to the upside. Key technical observations include the break of the trend line, VIX action and the levels presented on SOXX, MSFT, AAPL charts. Bitcoin looks set to trade between 110.000k and 123k.
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