NVDA appears to be moving sideways, caught between bullish and bearish sentiments on this last trading day of the month. It seems there's strategic maneuvering in play leading up to the Federal Reserve's announcement tomorrow, especially with the market closed on Friday. There's a possibility of a significant dump of money as investors position themselves accordingly.
my checklist of bear
- below the POC
- below the cloud
-MACD still bears territories and is about to cross below -01
Checklist off bull
- Price to move above of off triangle to the upside.
-MACD moves up above 1 cross over to the top.
-Above of my VWAP and POC