Good Morning Traders! In today’s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.
We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market’s pulse to optimize your trading gains. Now, let’s dive into the stock analysis:
SPDR S&P 500 ETF Trust (SPY)
SPY is currently trading near our pivot at 560.83. Bulls will be looking to establish strength above this mark, initially targeting 561.90. Sustained bullish momentum beyond this could elevate SPY to test 563.23, a crucial support-turned-resistance. If bulls successfully anchor price action above this area, we anticipate an extension higher toward our upside objective at 564.29, with our maximum bullish target for today’s session being 565.38.
If the 560.83 level is compromised early, bears will swiftly target downside pressure at 559.75. Persistent selling could trigger further deterioration down toward 558.32. A robust breakdown below this point under aggressive bearish momentum may result in testing 557.44. In the event of significant market weakness, our ultimate bearish objective today is pegged at 556.27.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is trading around our critical pivot at 483.95. For a bullish scenario, it is essential buyers firmly defend this level, subsequently advancing toward 486.10 to establish it as new intraday support. Continued upside strength may encourage a bullish test toward 487.69. Under strong buying conditions, the market might reach as high as 490.05, with today’s top bullish aim marked at 491.82.
On the bearish side, failure to maintain 483.95 as support will invite aggressive sellers to take control, pushing prices down to 481.73 initially. If sellers remain persistent, anticipate further decline toward 479.03. Continued bearish dominance would bring into focus the key support at 476.85. If this defensive level fails to halt sellers, our lowest downside target today is set at 474.66.
Apple Inc. (AAPL)
Apple shares are hovering near our pivot area at 209.81. Bulls must firmly establish this zone as support, initially driving upward momentum toward 211.12. Should buying activity persist, further upside progression toward 212.44 is likely. If bullish conviction remains strong, anticipate Apple testing …
Full story available on Benzinga.com
Good Morning Traders! In today’s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.
We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market’s pulse to optimize your trading gains. Now, let’s dive into the stock analysis:
SPDR S&P 500 ETF Trust (SPY)
SPY is currently trading near our pivot at 560.83. Bulls will be looking to establish strength above this mark, initially targeting 561.90. Sustained bullish momentum beyond this could elevate SPY to test 563.23, a crucial support-turned-resistance. If bulls successfully anchor price action above this area, we anticipate an extension higher toward our upside objective at 564.29, with our maximum bullish target for today’s session being 565.38.
If the 560.83 level is compromised early, bears will swiftly target downside pressure at 559.75. Persistent selling could trigger further deterioration down toward 558.32. A robust breakdown below this point under aggressive bearish momentum may result in testing 557.44. In the event of significant market weakness, our ultimate bearish objective today is pegged at 556.27.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is trading around our critical pivot at 483.95. For a bullish scenario, it is essential buyers firmly defend this level, subsequently advancing toward 486.10 to establish it as new intraday support. Continued upside strength may encourage a bullish test toward 487.69. Under strong buying conditions, the market might reach as high as 490.05, with today’s top bullish aim marked at 491.82.
On the bearish side, failure to maintain 483.95 as support will invite aggressive sellers to take control, pushing prices down to 481.73 initially. If sellers remain persistent, anticipate further decline toward 479.03. Continued bearish dominance would bring into focus the key support at 476.85. If this defensive level fails to halt sellers, our lowest downside target today is set at 474.66.
Apple Inc. (AAPL)
Apple shares are hovering near our pivot area at 209.81. Bulls must firmly establish this zone as support, initially driving upward momentum toward 211.12. Should buying activity persist, further upside progression toward 212.44 is likely. If bullish conviction remains strong, anticipate Apple testing …
Full story available on Benzinga.com
Good Morning Traders! In today’s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.
We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market’s pulse to optimize your trading gains. Now, let’s dive into the stock analysis:
SPDR S&P 500 ETF Trust (SPY)
SPY is currently trading near our pivot at 560.83. Bulls will be looking to establish strength above this mark, initially targeting 561.90. Sustained bullish momentum beyond this could elevate SPY to test 563.23, a crucial support-turned-resistance. If bulls successfully anchor price action above this area, we anticipate an extension higher toward our upside objective at 564.29, with our maximum bullish target for today’s session being 565.38.
If the 560.83 level is compromised early, bears will swiftly target downside pressure at 559.75. Persistent selling could trigger further deterioration down toward 558.32. A robust breakdown below this point under aggressive bearish momentum may result in testing 557.44. In the event of significant market weakness, our ultimate bearish objective today is pegged at 556.27.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is trading around our critical pivot at 483.95. For a bullish scenario, it is essential buyers firmly defend this level, subsequently advancing toward 486.10 to establish it as new intraday support. Continued upside strength may encourage a bullish test toward 487.69. Under strong buying conditions, the market might reach as high as 490.05, with today’s top bullish aim marked at 491.82.
On the bearish side, failure to maintain 483.95 as support will invite aggressive sellers to take control, pushing prices down to 481.73 initially. If sellers remain persistent, anticipate further decline toward 479.03. Continued bearish dominance would bring into focus the key support at 476.85. If this defensive level fails to halt sellers, our lowest downside target today is set at 474.66.
Apple Inc. (AAPL)
Apple shares are hovering near our pivot area at 209.81. Bulls must firmly establish this zone as support, initially driving upward momentum toward 211.12. Should buying activity persist, further upside progression toward 212.44 is likely. If bullish conviction remains strong, anticipate Apple testing …Full story available on Benzinga.com Read Morecontributors, Equities, Expert Ideas, SPY, TSLA, Broad U.S. Equity ETFs, Technicals, Opinion, Signals, Markets, Trading Ideas, SPY, US78462F1030, TSLA, US88160R1014, Equities, Broad U.S. Equity ETFs, Technicals, Opinion, Signals, Markets, Trading Ideas, Benzinga Markets
