rdf100

rdf100

Short term target for SPY is 503 over the next few weeks. This is the area of the most support with the gap up. Upward channel from the last 3 months was broken several days ago, and now we are in a different technical situation.

rdf100

ARM is maintaining its value even when the rest of the market is down. Wondering if the insiders aren't selling -- anticipating a big popup.

rdf100

SPY is clearly out the bulling channel that formed over the last 3 months. Expecting more weakness in the coming month.

rdf100

... For short term traders only ... Trading on 4/3 will likely confirm a downward wedge in NVDA. If the wedge is correct, there will likely be a reversal early next week near support.

rdf100

Will be interesting to see the price action on Monday and Tue. If a significant drop occurs, 870 might be a place for support if we can start to form a wedge.