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 near our pivot at 546.46. Bulls need momentum to breach above 547.56, and maintaining strength there would set up further upside toward 549.00. Should the buying persist above 549.00 during the session, expect continuation toward 550.45. Our ultimate bullish target for SPY today sits at 551.33.
Should buyers fail to sustain support at 546.46, sellers will aggressively attempt to drive prices down to 545.24. A breakdown here will open a pathway lower toward 544.04. Continued bearish momentum could trigger further downside to 542.93. If selling becomes intense, bears could push to our extreme downside target at 541.49.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is currently hovering around our critical pivot at 465.93. Bulls need to establish control above 467.60 to solidify upward momentum, subsequently eyeing 469.27 for sustained bullish sentiment. Persistent buyer presence would elevate the auction toward 471.33, with extended buying potentially targeting 474.66. Our maximum bullish target today is 476.85.
If bullish energy weakens near 465.93, sellers will likely exert downward pressure toward 463.56. A continuation of selling below this level exposes further vulnerability at 462.14. Persistent weakness could lead to deeper probing toward 460.55. If this area gives way, expect intensified selling toward the day’s lowest bearish objective at 458.83.
Apple Inc. (AAPL)
Apple currently trades near our pivotal 205.54. Bulls must sustain activity above this level to push upward toward 206.55. Continued strength beyond 206.55 would suggest bullish conviction toward 207.18. Strong buying activity throughout the day could result in Apple testing our ambitious upside target at 208.81.
If buyers falter and 205.54 breaks down, sellers will aim for immediate …
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 near our pivot at 546.46. Bulls need momentum to breach above 547.56, and maintaining strength there would set up further upside toward 549.00. Should the buying persist above 549.00 during the session, expect continuation toward 550.45. Our ultimate bullish target for SPY today sits at 551.33.
Should buyers fail to sustain support at 546.46, sellers will aggressively attempt to drive prices down to 545.24. A breakdown here will open a pathway lower toward 544.04. Continued bearish momentum could trigger further downside to 542.93. If selling becomes intense, bears could push to our extreme downside target at 541.49.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is currently hovering around our critical pivot at 465.93. Bulls need to establish control above 467.60 to solidify upward momentum, subsequently eyeing 469.27 for sustained bullish sentiment. Persistent buyer presence would elevate the auction toward 471.33, with extended buying potentially targeting 474.66. Our maximum bullish target today is 476.85.
If bullish energy weakens near 465.93, sellers will likely exert downward pressure toward 463.56. A continuation of selling below this level exposes further vulnerability at 462.14. Persistent weakness could lead to deeper probing toward 460.55. If this area gives way, expect intensified selling toward the day’s lowest bearish objective at 458.83.
Apple Inc. (AAPL)
Apple currently trades near our pivotal 205.54. Bulls must sustain activity above this level to push upward toward 206.55. Continued strength beyond 206.55 would suggest bullish conviction toward 207.18. Strong buying activity throughout the day could result in Apple testing our ambitious upside target at 208.81.
If buyers falter and 205.54 breaks down, sellers will aim for immediate …
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 near our pivot at 546.46. Bulls need momentum to breach above 547.56, and maintaining strength there would set up further upside toward 549.00. Should the buying persist above 549.00 during the session, expect continuation toward 550.45. Our ultimate bullish target for SPY today sits at 551.33.
Should buyers fail to sustain support at 546.46, sellers will aggressively attempt to drive prices down to 545.24. A breakdown here will open a pathway lower toward 544.04. Continued bearish momentum could trigger further downside to 542.93. If selling becomes intense, bears could push to our extreme downside target at 541.49.
Invesco QQQ Trust Series 1 (QQQ)
QQQ is currently hovering around our critical pivot at 465.93. Bulls need to establish control above 467.60 to solidify upward momentum, subsequently eyeing 469.27 for sustained bullish sentiment. Persistent buyer presence would elevate the auction toward 471.33, with extended buying potentially targeting 474.66. Our maximum bullish target today is 476.85.
If bullish energy weakens near 465.93, sellers will likely exert downward pressure toward 463.56. A continuation of selling below this level exposes further vulnerability at 462.14. Persistent weakness could lead to deeper probing toward 460.55. If this area gives way, expect intensified selling toward the day’s lowest bearish objective at 458.83.
Apple Inc. (AAPL)
Apple currently trades near our pivotal 205.54. Bulls must sustain activity above this level to push upward toward 206.55. Continued strength beyond 206.55 would suggest bullish conviction toward 207.18. Strong buying activity throughout the day could result in Apple testing our ambitious upside target at 208.81.
If buyers falter and 205.54 breaks down, sellers will aim for immediate …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
