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)
Bulls need the SPY to stay firm above our pivot at 564.29 and quickly push toward resistance at 565.38. Sustained momentum here would likely trigger buying toward the next critical level at 566.46. If the market confidently holds above 566.46, anticipate bullish follow-through targeting 567.81, with today’s ambitious upside objective at 569.16.
If SPY falters below 564.29, expect bearish momentum to intensify, initially probing support at 563.23. Should sellers dominate this area, the downside momentum may accelerate toward 561.90. Heavy selling could test lower support at 560.83, with an aggressive bear target today at 559.75.
Invesco QQQ Trust Series 1 (QQQ)
Bulls want QQQ to maintain strength above the important pivot at 476.85, aiming for buyers to step in aggressively toward resistance at 479.03. Sustained bullish control above this level should pave the way toward 481.73. Strong buying today could potentially drive price action higher to 483.95, setting sights on a bullish extension toward our optimistic target of 486.10.
However, if 476.85 fails to hold, anticipate bears aggressively pressing the auction down to support at 474.66. Continued weakness could lead to further declines toward 471.33, with persistent sellers potentially bringing 469.27 into view. Losing this level decisively could drive QQQ down to today’s bearish target of 467.60.
Apple Inc. (AAPL)
Apple bulls must actively defend the pivot at 214.07 and seek immediate bullish momentum toward initial resistance at 215.25. Successful buyers in this zone may create bullish momentum toward the next important area at 216.70, with today’s upper bullish objective sitting confidently at 218.08.
If selling intensifies …
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)
Bulls need the SPY to stay firm above our pivot at 564.29 and quickly push toward resistance at 565.38. Sustained momentum here would likely trigger buying toward the next critical level at 566.46. If the market confidently holds above 566.46, anticipate bullish follow-through targeting 567.81, with today’s ambitious upside objective at 569.16.
If SPY falters below 564.29, expect bearish momentum to intensify, initially probing support at 563.23. Should sellers dominate this area, the downside momentum may accelerate toward 561.90. Heavy selling could test lower support at 560.83, with an aggressive bear target today at 559.75.
Invesco QQQ Trust Series 1 (QQQ)
Bulls want QQQ to maintain strength above the important pivot at 476.85, aiming for buyers to step in aggressively toward resistance at 479.03. Sustained bullish control above this level should pave the way toward 481.73. Strong buying today could potentially drive price action higher to 483.95, setting sights on a bullish extension toward our optimistic target of 486.10.
However, if 476.85 fails to hold, anticipate bears aggressively pressing the auction down to support at 474.66. Continued weakness could lead to further declines toward 471.33, with persistent sellers potentially bringing 469.27 into view. Losing this level decisively could drive QQQ down to today’s bearish target of 467.60.
Apple Inc. (AAPL)
Apple bulls must actively defend the pivot at 214.07 and seek immediate bullish momentum toward initial resistance at 215.25. Successful buyers in this zone may create bullish momentum toward the next important area at 216.70, with today’s upper bullish objective sitting confidently at 218.08.
If selling intensifies …
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)
Bulls need the SPY to stay firm above our pivot at 564.29 and quickly push toward resistance at 565.38. Sustained momentum here would likely trigger buying toward the next critical level at 566.46. If the market confidently holds above 566.46, anticipate bullish follow-through targeting 567.81, with today’s ambitious upside objective at 569.16.
If SPY falters below 564.29, expect bearish momentum to intensify, initially probing support at 563.23. Should sellers dominate this area, the downside momentum may accelerate toward 561.90. Heavy selling could test lower support at 560.83, with an aggressive bear target today at 559.75.
Invesco QQQ Trust Series 1 (QQQ)
Bulls want QQQ to maintain strength above the important pivot at 476.85, aiming for buyers to step in aggressively toward resistance at 479.03. Sustained bullish control above this level should pave the way toward 481.73. Strong buying today could potentially drive price action higher to 483.95, setting sights on a bullish extension toward our optimistic target of 486.10.
However, if 476.85 fails to hold, anticipate bears aggressively pressing the auction down to support at 474.66. Continued weakness could lead to further declines toward 471.33, with persistent sellers potentially bringing 469.27 into view. Losing this level decisively could drive QQQ down to today’s bearish target of 467.60.
Apple Inc. (AAPL)
Apple bulls must actively defend the pivot at 214.07 and seek immediate bullish momentum toward initial resistance at 215.25. Successful buyers in this zone may create bullish momentum toward the next important area at 216.70, with today’s upper bullish objective sitting confidently at 218.08.
If selling intensifies …Full story available on Benzinga.com Read Morecontributors, Equities, SPY, Broad U.S. Equity ETFs, Technicals, Signals, Pre-Market Outlook, Markets, Trading Ideas, SPY, US78462F1030, Equities, Broad U.S. Equity ETFs, Technicals, Signals, Pre-Market Outlook, Markets, Trading Ideas, Benzinga Markets
