once again we see technical evidence confirming the bullish continuation movement demonstrating the strength of the indices and apparently there is no bearish reaction that could convince us that the market is going to lose momentum again the indices are just Unstoppable and this chart
structure is excellent in fact it is the best possible under the circumstances so in today’s CashNews.co we are going to talk about what’s going on and of course when we should start worrying if if for whatever reason we see signs of weakness which will certainly appear sooner or later
and look this is the Finance Hydra channel right here at all I describe the market as insanely bullish it is not my personal opinion but just a fact all right it is a fact
like it or not so in this channel we describe the market Trend without personal bias just by looking at the technical evidence all right my name is Nathan welcome to my channel let’s start our analysis over here the Spy ETF is incredibly bullish do we see any bearish reaction any possible top
signal right here right now no of course not today we see another bullish Candlestick pattern we made a new alltime high if if we see a top signal if we see a bearish reaction suggesting that a pullback could materialize any pullback to the 586 or maybe even to the 21 Day EMA would be totally
acceptable plausible even desirable because any pullback could be just another buying opportunity because we are in a Bo Trend we are in an uptrend making higher highs higher lows trading above the 21-day EMA the exponation moving average as long as we see this bullish chart structure the uptrend
will persist until we see a crystal clear reversal so far no Crystal Clear reversal by breaking the previous top level at 586 this key point is going to be our next technical support level following the principle of polarity in technical analysis previous support levels are going to work as future
support levels and vice versa here at 5 565 we see another classic example of how the principle of polarity works right we saw the stop signal we saw a resistance level over here again by the moment we saw the breakout this key point was retested as a support level very close to the 21-day EMA as
well making this key point a double support level near October 1st October 2nd over here so if if we see any pullback well the same chart pattern could easily materialize over here again above the 586 this is a a classic classic bullish chart structure and now you may ask Nathan what if we lose the
586 what if we lose the 21-day EMA then all right then we are going to enter bearish territory again on the daily chart suggesting a sharper correction on the weekly chart possibly to the 565 or maybe even to the 21 week EMA over here on the weekly chart all right and that this would also
materialize the possibility of this of this weekly candle be a possible exhaustion bar all right of course this is just fiction okay this scenario wasn’t materialized yet maybe it never will so right now the most important key Point midterm speaking is 586 all right if we see spy losing 586
all right let’s just take a step back and see how it is going to proceed so far the situation is under control spy is still in bullish territory k k is also in Crystal Clear bullish territory it just broke the previous resistance levels it just did a new alltime high today but uh here we see
the price stabilizing near yesterday’s high all right so it is not an incredibly insanely bullish signal but it is another bullish continuation candles stick pattern if we see a top top signal so far no top signal but if we see one all right a pull back to the $500 area or maybe even to the
21-day EMA is acceptable if we lose this double support area all right a sharper pullback on the weekly chart could materialize and here we see the situation a little bit more we see that the situation is a little bit more delicate because we could correct all the way down to the support line of
this ascending Channel losing the 21 we EMA meaning we could see a quite sharp pullback ahead if we see an actual materialization of a bearish reversal chart structure on the daily chart so far we can’t help ourself but assume that any pullback could be just another buying opportunity if we
see pullback to the 500s fantastic all right let’s keep our eyes open any any bullish reaction any bottom signal above the support level could be another buying opportunity because the risk reward ratio will be very good near a support level if if you are right fantastic you’re going to
catch another bullish rally if you are wrong all right you’re going to lose little money all right you are not going to lose a lot because near support levels the risk reward ratio is always optimized very simple situation now Nvidia this one is making a bearish reaction today it is dropping
minus 1% roughly all right is the Nathan is this a top signal it could be all right it could be just like of course just like this bearish Candlestick over here from October 9 was a possible bearish uh it was a possible top signal as well however Nvidia needs to trigger this top signal another
another example of a false stop signal was here October 15 all right what’s the difference what’s the difference Nvidia has to lose and close below today’s low in order to actually materialize a top signal in this scenario okay by losing the 144 a pullback to the 21 Day ma would
be almost certain all right so for now let’s pay attention on the price section if it is going to lose today’s low next week and of course the 144 which is our next technical support level on Nvidia if we take a look at the weekly chart we see another breakout of the alltime high last
week we saw another possible top signal which wasn’t triggered all right a bearish single Candlestick pattern which according to Thomas bossk’s studies is a bearish reversal candle pattern roughly 79% of the time however this pattern wasn’t triggered therefore the bullish bias is
still intact by breaking and closing above the timate high on the weekly chart we are just confirming the uptrend so right now on the weekly chart we see a possible continuation but on the daily chart we see possible top signal it all depends on the direction of the next breakout if it is going to
break this week’s high or if it is going to break the 144 support level either way either way even if we see a pullback to the 21 week EMA on the weekly chart of course uh this is not going to be enough to completely reject the long-term bullish bias as observed on the weekly chart all right
so for now most important support level 144 let’s keep our eyes open around this key point over here and guys guys next Wednesday next Wednesday applications for the none;">Finance Hydra VIP mentorship program will open it will be six weeks together where I will personally help you develop your own trading plan with personalized strategies and of course we’re going to apply this plan over the course of 6 weeks all right given given the
exclusivity of this service places will be limited so for more details of the benefits just check out our website link is in this CashNews.co’s description all right see see if you like it now Tesla going up 8% today all right 8% today it is not only breaking the $300 resistance level which
was a previous resistance level from July 2023 all right the previous top level but we are also breaking this secondary resistance level around 200 200 I’m so sorry 3113 cents over here the previous stop level from September 2022 so we are breaking two major resistance levels over here in one
single bullish lag Nathan should I worry about Tesla because it is going up too much all right guys guys you will always find a reason to worry in this market all right if it is dropping you’re going to be upset if it is going up too much you will start feeling nervous so it doesn’t
matter you will always find a reason to be nervous to be stressed out about this market so my recommendation is as long as we don’t see technical evidence sugesting a top signal assuming you are longer right there is no reason to worry about Nathan do we see a top signal right now in Tesla no
today we see another incredibly bullish Candlestick pattern over here it is bullish all right we don’t see any bearish candle over here only another bullish one breaking the resistance levels if we see if we see a top signal all right I’m going to warn you guys here in this channel
because I’m here every single single day talking about Tesla Nvidia spy AMD paler micr arm KN Etc many many stocks so if you’re are still watching me and and you are not a subscriber just subscribe right it is too late for you it is just too late for you you have been watching this
CashNews.co for 10 minutes right now a CashNews.co about technical analysis without any any visual appeal all right I’m just a guy with a mustache therefore subscribe because it is just because of the content all right it is purely the technical analysis that is drawing your attention in this
CashNews.co so far so come on subscribe to this channel now am no Tesla Tesa insanely bullish Candlestick pattern no top signal on the weekly chart we see we see another bullish candle breaking the $315 and our next technical resistance level is around $384 all right another technical resistance
area it is quite far away from the price right now but it is our next Target in the lack in the absence of technical evidence suggesting otherwise this is our next resistance level to aim period all right Nathan what if we see a top signal it could easily correct to the $265 or even or even to the
21 Day EMA again all right but still the bullish bias would remain intact therefore there is no reason to panic even if we see a top signal but I do agree that correcting to the to the 21 Day ma would represent a drop off roughly 19% so that could be quite annoying for some people so caution is
advised so far at least no top signal now regarding AMD this one is making a possible top signal below the 21-day EMA this top signal if triggered could bring us back to this trend line over here which connects the previous bottom levels on AMD since October 2022 by materializing this pullback I
speaking by myself would be very very excited because any pullback any bullish reaction near this trend line could represent another buying opportunity even considering that AMD is still in bearish territory looking at the daily chart of course because on the daily chart we still see a series of
lower highs lower lows we are still below the 21 Day EMA therefore it is a quite problematic situation for AMD but uh any pullback to this trend line would be more than welcome in my humble opinion of course now paler paler is going up 30 39% this week 40% this week another incredible movement over
here breaking the $500 behind meaning this key point is going to be our next technical support level if if a pullback materializes if we see another bearish reaction confirming confirming a sharper pullback on the daily chart all right but uh hey there is no top signal yet all right we still see
another incredibly insanely bullish reaction considering that we are still in bullish territory this is just another bullish continuation candle structure now if if we see a top signal paler could easily correct to the 21-day EMA on the daily chart and that’s it all right we would still
maintain the bullish bias but uh maybe maybe a pullback of this magnitude could could be quite upsetting as well because we are also talking about a another 20% drop roughly so caution is advised any top signal over here should be taken very seriously of course I’m going to stay here I will
be here every single day keeping you guys updated so again subscribe to this channel Micron is materializing a top signal below the 114 resistance level this red line over here considering that we see a top signal below this resistance level again for the third time well we should pay extra
attention because by losing and closing below today’s low we could easily trigger another pullback at least to the 21-day EMA or maybe to close this open Gap over here around 105 arm Holdings is materializing a bearish reaction it is not a top signal yet but but but there is the possibility
of a a descending triangle chart pattern over here all right by breaking and closing above this purple trend line arm Holdings could trigger another rally to the 173 however by losing the 138 support level we could see another correction to our next support level at 114 so it all depends on the
direction of the next breakout let’s pay extra attention on these key points next week now Neo is quite frustrating because it simply failed in Breaking the 21-day EMA we are lingering around this support area below the 21 d which is descending and above the support at 497 what is this this
is a classic a classic trap zone when we see the moving average squeezing the price against a crystal clear support level usually usually when we see a breakout in this situation the breakout is very intense regardless of the direction of it so if we see a breakout of the 21 d ma fantastic we could
easily seek the $6 again however by losing using the 497 the next technical support level is $361 roughly all right so yeah it it is going to be very intense let’s watch out these key points on Neo next week and guys check out my website for more details regarding our mentorship program thank
you very much for audience leave your like subscribe thank you see you guys next week stay safe bye-bye
CashNews, your go-to portal for financial news and insights.
how about IWM
Cool mustache (and analysis 😉 ) !
Genuine question, why do you not use price channels?
Best guy ❤
Soxl long broski
Gd stash got u a subscribe
Nvdia 1 week b4 er is always always bullish no bonds to bring anything down tesla to a mili
If I become a member, how do I get that telegram thing? Not a tech savvy
I’m just a guy with a mustache😂😂😂😂😂😂😂
The best technical analyst on YouTube
Ha! You are my favorite person with a mustache 😁👍!!
Just a guy with a mustache 😂
2 questions Nathan do you think Tesla will reach 400 in your opinion this year? And 2nd and probably more important question 😂 is affirm bullish? Please be honest😅
How do most of you guys still make profit? Even with the downturn of the economy and ever increasing life standards….