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)
The SPY is presently trading near our pivotal mark of 559.75. Bullish momentum today hinges upon buyers reclaiming and sustaining price action above 560.83. If this occurs convincingly, the next key support area at 561.90 will be targeted. Sustained bullish volume could facilitate upward movement to 563.23, potentially extending gains to our primary bull target of 564.29.
Conversely, should 559.75 fail as reliable support, bearish pressure will likely escalate, first probing downside support at 558.32. Sellers gaining momentum here could further weaken SPY, with subsequent testing of the critical level at 557.44. A decisive breakdown under strong selling conditions brings 556.27 into focus, with the day’s lower bearish boundary at 555.11 potentially becoming exposed.
Invesco QQQ Trust Series 1 (QQQ)
The QQQ is trading near our significant inflection point at 481.73. Buyers must actively support price above this critical area for bullish sentiment to prevail, initially targeting a decisive move higher to 483.95. Persistent strength could then unlock upside potential toward 486.10, and continued bullish commitment may test resistance at 487.69. Our upper bullish target today for the QQQ stands confidently at 490.05.
If price struggles to sustain above 481.73, bearish forces are expected to seize control, aggressively selling toward 479.03. If downward momentum intensifies, expect continued weakness toward 476.85. Persistent selling could further challenge support at 474.66, and a strong breach here places our bearish target of 471.33 firmly in view.
Apple Inc. (AAPL)
Apple is currently negotiating around our reference point at 197.69. For the bullish case to materialize, buyers must solidify support above 198.22, aiming next for advancement toward 198.79. Should bullish intent persist, the auction could test upward momentum to …
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)
The SPY is presently trading near our pivotal mark of 559.75. Bullish momentum today hinges upon buyers reclaiming and sustaining price action above 560.83. If this occurs convincingly, the next key support area at 561.90 will be targeted. Sustained bullish volume could facilitate upward movement to 563.23, potentially extending gains to our primary bull target of 564.29.
Conversely, should 559.75 fail as reliable support, bearish pressure will likely escalate, first probing downside support at 558.32. Sellers gaining momentum here could further weaken SPY, with subsequent testing of the critical level at 557.44. A decisive breakdown under strong selling conditions brings 556.27 into focus, with the day’s lower bearish boundary at 555.11 potentially becoming exposed.
Invesco QQQ Trust Series 1 (QQQ)
The QQQ is trading near our significant inflection point at 481.73. Buyers must actively support price above this critical area for bullish sentiment to prevail, initially targeting a decisive move higher to 483.95. Persistent strength could then unlock upside potential toward 486.10, and continued bullish commitment may test resistance at 487.69. Our upper bullish target today for the QQQ stands confidently at 490.05.
If price struggles to sustain above 481.73, bearish forces are expected to seize control, aggressively selling toward 479.03. If downward momentum intensifies, expect continued weakness toward 476.85. Persistent selling could further challenge support at 474.66, and a strong breach here places our bearish target of 471.33 firmly in view.
Apple Inc. (AAPL)
Apple is currently negotiating around our reference point at 197.69. For the bullish case to materialize, buyers must solidify support above 198.22, aiming next for advancement toward 198.79. Should bullish intent persist, the auction could test upward momentum to …
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)
The SPY is presently trading near our pivotal mark of 559.75. Bullish momentum today hinges upon buyers reclaiming and sustaining price action above 560.83. If this occurs convincingly, the next key support area at 561.90 will be targeted. Sustained bullish volume could facilitate upward movement to 563.23, potentially extending gains to our primary bull target of 564.29.
Conversely, should 559.75 fail as reliable support, bearish pressure will likely escalate, first probing downside support at 558.32. Sellers gaining momentum here could further weaken SPY, with subsequent testing of the critical level at 557.44. A decisive breakdown under strong selling conditions brings 556.27 into focus, with the day’s lower bearish boundary at 555.11 potentially becoming exposed.
Invesco QQQ Trust Series 1 (QQQ)
The QQQ is trading near our significant inflection point at 481.73. Buyers must actively support price above this critical area for bullish sentiment to prevail, initially targeting a decisive move higher to 483.95. Persistent strength could then unlock upside potential toward 486.10, and continued bullish commitment may test resistance at 487.69. Our upper bullish target today for the QQQ stands confidently at 490.05.
If price struggles to sustain above 481.73, bearish forces are expected to seize control, aggressively selling toward 479.03. If downward momentum intensifies, expect continued weakness toward 476.85. Persistent selling could further challenge support at 474.66, and a strong breach here places our bearish target of 471.33 firmly in view.
Apple Inc. (AAPL)
Apple is currently negotiating around our reference point at 197.69. For the bullish case to materialize, buyers must solidify support above 198.22, aiming next for advancement toward 198.79. Should bullish intent persist, the auction could test upward momentum to …Full story available on Benzinga.com Read Morecontributors, Equities, Expert Ideas, NVDA, Broad U.S. Equity ETFs, Technicals, Opinion, Markets, Trading Ideas, NVDA, US67066G1040, Equities, Broad U.S. Equity ETFs, Technicals, Opinion, Markets, Trading Ideas, Benzinga Markets
