- 
NVDA shaping up a H&S bearish pattern on daily time frame
-
SMH / SOXX semi sector relatively weaker than 
QQQ & $NASDAQ. that's why im still holding onto SOXS
- When lead bull sectors starts to turn into more bearish we have to be careful with the other sectors. So far it is showing relative weakness but not too big of a divergence yet.
- Bank earnings will not directly effect QQQ and SMH but will indirectly effect sentiment and if SPY drops a lot so will tech stocks and vice versa.
NVDA shaping up a H&S bearish pattern on daily time frame-
SMH / SOXX semi sector relatively weaker than QQQ & $NASDAQ. that's why im still holding onto SOXS- When lead bull sectors starts to turn into more bearish we have to be careful with the other sectors. So far it is showing relative weakness but not too big of a divergence yet.
- Bank earnings will not directly effect QQQ and SMH but will indirectly effect sentiment and if SPY drops a lot so will tech stocks and vice versa.
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YouTube:
youtube.com/@arcadiatradings
1-1 Mentorship Information (Maximum Capacity = 10 Clients Per Year):
patreon.com/arcadiatrading
FREE 15 mins Intro Coaching Zoom Call:
calendly.com/arcadiatradings/intro
youtube.com/@arcadiatradings
1-1 Mentorship Information (Maximum Capacity = 10 Clients Per Year):
patreon.com/arcadiatrading
FREE 15 mins Intro Coaching Zoom Call:
calendly.com/arcadiatradings/intro
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.