SPY, ES1!, NVDA, IONQ and BTC Week of Dec 8th

9 Ara 2024

Pretty brief overview of expectations for the tickers mentioned in the title.

Nothing really interesting going on except some things popping up on screeners as potentially pretty good plays this week.

Hopefully you find it helpful and safe trades everyone!

9 Ara 2024

Not

Yikes, looks like seasonality showed up for a change!

Today was forecasted to be bearish as I explained in the idea; however looking at the charts it does seem like things are not looking positive. There are some pipe tops and lots of bearish engulphing everywhere.

We will see what happens tomorrow. If the seasonality is back, we should see continuation to the downside for the duration of the week before flipping bullish into next week.

As of now data expects continuation to the downside tomorrow.

11 Ara 2024

Not

Oh man what a market.
Looks like those bullish probs decided to show up and we now have seasonality again thrown out the window.

Shesh, I guess we continue to BTFD in excess until otherwise proven incorrect.