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 around our identified pivot at 596.57. For bullish momentum, buyers should initially aim to reclaim 598.04. Sustained strength above this mark would position SPY for a test at our next crucial level of 599.24. If buyers successfully secure this level during regular hours, expect upward momentum towards 600.51, with the day’s upper bullish target at 601.22.
Should 596.57 fail to maintain support, sellers will likely drive the action towards 595.14. Persistent bearish pressure would subsequently target 593.73. If selling intensifies significantly at that level, expect a deeper decline towards robust support at 592.00, and if market weakness escalates further, our downside bearish target would be set at 589.71.
Invesco QQQ Trust Series 1 (QQQ)
The QQQ is presently trading around our significant level at 528.44. Bulls need to confidently secure this point and advance towards a confirmed support at 530.70. Ongoing bullish sentiment could drive prices higher to 532.52, and a further surge might facilitate a test at 533.70. Our optimistic target on the upside today for QQQ is pegged at 534.60.
Conversely, if buyers struggle to sustain price above 528.44, bears are expected to take command, targeting a decline towards 527.03. A continued push lower may challenge support at 525.19. Under heavy selling conditions, 523.91 would come into focus, with heightened bearish activity potentially driving prices down to today’s bearish target at 522.57.
Apple Inc. ( AAPL)
Apple is currently auctioning around the pivotal area of 202.29. Bulls aim to establish support firmly at 203.48, paving the way for further advances toward 204.33. If momentum persists, the price could …
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 around our identified pivot at 596.57. For bullish momentum, buyers should initially aim to reclaim 598.04. Sustained strength above this mark would position SPY for a test at our next crucial level of 599.24. If buyers successfully secure this level during regular hours, expect upward momentum towards 600.51, with the day’s upper bullish target at 601.22.
Should 596.57 fail to maintain support, sellers will likely drive the action towards 595.14. Persistent bearish pressure would subsequently target 593.73. If selling intensifies significantly at that level, expect a deeper decline towards robust support at 592.00, and if market weakness escalates further, our downside bearish target would be set at 589.71.
Invesco QQQ Trust Series 1 (QQQ)
The QQQ is presently trading around our significant level at 528.44. Bulls need to confidently secure this point and advance towards a confirmed support at 530.70. Ongoing bullish sentiment could drive prices higher to 532.52, and a further surge might facilitate a test at 533.70. Our optimistic target on the upside today for QQQ is pegged at 534.60.
Conversely, if buyers struggle to sustain price above 528.44, bears are expected to take command, targeting a decline towards 527.03. A continued push lower may challenge support at 525.19. Under heavy selling conditions, 523.91 would come into focus, with heightened bearish activity potentially driving prices down to today’s bearish target at 522.57.
Apple Inc. ( AAPL)
Apple is currently auctioning around the pivotal area of 202.29. Bulls aim to establish support firmly at 203.48, paving the way for further advances toward 204.33. If momentum persists, the price could …
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 around our identified pivot at 596.57. For bullish momentum, buyers should initially aim to reclaim 598.04. Sustained strength above this mark would position SPY for a test at our next crucial level of 599.24. If buyers successfully secure this level during regular hours, expect upward momentum towards 600.51, with the day’s upper bullish target at 601.22.
Should 596.57 fail to maintain support, sellers will likely drive the action towards 595.14. Persistent bearish pressure would subsequently target 593.73. If selling intensifies significantly at that level, expect a deeper decline towards robust support at 592.00, and if market weakness escalates further, our downside bearish target would be set at 589.71.
Invesco QQQ Trust Series 1 (QQQ)
The QQQ is presently trading around our significant level at 528.44. Bulls need to confidently secure this point and advance towards a confirmed support at 530.70. Ongoing bullish sentiment could drive prices higher to 532.52, and a further surge might facilitate a test at 533.70. Our optimistic target on the upside today for QQQ is pegged at 534.60.
Conversely, if buyers struggle to sustain price above 528.44, bears are expected to take command, targeting a decline towards 527.03. A continued push lower may challenge support at 525.19. Under heavy selling conditions, 523.91 would come into focus, with heightened bearish activity potentially driving prices down to today’s bearish target at 522.57.
Apple Inc. ( AAPL)
Apple is currently auctioning around the pivotal area of 202.29. Bulls aim to establish support firmly at 203.48, paving the way for further advances toward 204.33. If momentum persists, the price could …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
