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 trading near our important pivot of 620.97. Bulls need momentum to drive price action toward initial resistance at 622.26. If bullish pressure holds firm above 622.26, anticipate an extension toward our next critical level at 623.32. Should buyers successfully sustain this level intraday, the upside momentum could carry SPY higher, targeting 624.57. An especially strong bullish session today sets sights on our primary bull objective at 626.11.
On the downside, losing support at 620.97 would encourage sellers to push SPY lower, aiming initially for a test of 619.23. Further selling interest here could deepen the retreat toward 617.68. Heavy bearish activity breaking through 617.68 might signal continued weakness, exposing deeper support at 617.09. In a significant bearish breakdown, anticipate a test of our ultimate daily bear target at 616.40.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is currently active around our crucial pivot point of 553.46. For bullish confidence to build, we need price action to maintain strength above this area, pushing upward initially toward 555.21. If buying volume solidifies above 555.21, bulls may drive the price further toward resistance at 557.14. Continued bullish dominance could propel QQQ even higher, possibly testing 559.62. A vigorous rally might eventually reach our high bull target today at 563.00.
Conversely, failure to maintain 553.46 could invite aggressive selling, driving price down to initial support at 550.60. A break lower from here would likely challenge support at 549.59. Persistent bearish pressure beneath this level opens risk down toward 547.65. Should bears dominate, QQQ may test our low bear target for the session at 545.14.
Apple Inc. (AAPL)
Apple shares are …
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 trading near our important pivot of 620.97. Bulls need momentum to drive price action toward initial resistance at 622.26. If bullish pressure holds firm above 622.26, anticipate an extension toward our next critical level at 623.32. Should buyers successfully sustain this level intraday, the upside momentum could carry SPY higher, targeting 624.57. An especially strong bullish session today sets sights on our primary bull objective at 626.11.
On the downside, losing support at 620.97 would encourage sellers to push SPY lower, aiming initially for a test of 619.23. Further selling interest here could deepen the retreat toward 617.68. Heavy bearish activity breaking through 617.68 might signal continued weakness, exposing deeper support at 617.09. In a significant bearish breakdown, anticipate a test of our ultimate daily bear target at 616.40.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is currently active around our crucial pivot point of 553.46. For bullish confidence to build, we need price action to maintain strength above this area, pushing upward initially toward 555.21. If buying volume solidifies above 555.21, bulls may drive the price further toward resistance at 557.14. Continued bullish dominance could propel QQQ even higher, possibly testing 559.62. A vigorous rally might eventually reach our high bull target today at 563.00.
Conversely, failure to maintain 553.46 could invite aggressive selling, driving price down to initial support at 550.60. A break lower from here would likely challenge support at 549.59. Persistent bearish pressure beneath this level opens risk down toward 547.65. Should bears dominate, QQQ may test our low bear target for the session at 545.14.
Apple Inc. (AAPL)
Apple shares are …
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 trading near our important pivot of 620.97. Bulls need momentum to drive price action toward initial resistance at 622.26. If bullish pressure holds firm above 622.26, anticipate an extension toward our next critical level at 623.32. Should buyers successfully sustain this level intraday, the upside momentum could carry SPY higher, targeting 624.57. An especially strong bullish session today sets sights on our primary bull objective at 626.11.
On the downside, losing support at 620.97 would encourage sellers to push SPY lower, aiming initially for a test of 619.23. Further selling interest here could deepen the retreat toward 617.68. Heavy bearish activity breaking through 617.68 might signal continued weakness, exposing deeper support at 617.09. In a significant bearish breakdown, anticipate a test of our ultimate daily bear target at 616.40.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is currently active around our crucial pivot point of 553.46. For bullish confidence to build, we need price action to maintain strength above this area, pushing upward initially toward 555.21. If buying volume solidifies above 555.21, bulls may drive the price further toward resistance at 557.14. Continued bullish dominance could propel QQQ even higher, possibly testing 559.62. A vigorous rally might eventually reach our high bull target today at 563.00.
Conversely, failure to maintain 553.46 could invite aggressive selling, driving price down to initial support at 550.60. A break lower from here would likely challenge support at 549.59. Persistent bearish pressure beneath this level opens risk down toward 547.65. Should bears dominate, QQQ may test our low bear target for the session at 545.14.
Apple Inc. (AAPL)
Apple shares are …Full story available on Benzinga.com Read Morecontributors, Equities, Expert Ideas, Broad U.S. Equity ETFs, Technicals, Opinion, Signals, Markets, Trading Ideas, Equities, Broad U.S. Equity ETFs, Technicals, Opinion, Signals, Markets, Trading Ideas, Benzinga Markets
