Good morning!
Market is gapping up, but the macro backdrop is still not favorable. We need to see whether this strength can hold. Personally, I like using a strong morning gap after a catalyst as an opportunity to take some profit and then watch how the rest of the day develops.
Today’s close could have a big impact on tomorrow, with triple witching potentially bringing higher volatility. If we close above key resistance/SR zones, we could see further upside; if we close below them, a deeper pullback is possible. I’ll be watching closely and updating levels throughout the day.
$SPY levels
$761.20–$762.40 = key resistance
Above that, $766 could come quickly
Keep SL around $757
$CRDO
$167.90 is the key level. If it breaks and holds, I can see a potential move toward $200+ over the next few weeks. This would be a status-quo change, so I’ll be watching the confirmation carefully.
$APP
Building support around $322.35 with resistance at $334.44. Need a close above $334.44 for a bigger move higher.
$TSLA
Still stuck between the $354–$369 zone. A break of either side should give us the next directional move.
$AMZN
If it comes down to $239.90, I’m interested in adding. Otherwise, need a close above $255 to regain stronger momentum.
$AAPL
$334–$336 is the key resistance zone. Break and hold → $342–$345 next.
$META
A break and hold above $688 could open the door toward $700+.
$NVDA
Watching $217–$218 resistance. Break above → $223–$225 next zone.
$INTC
Still finding resistance around $104–$107. Need a clean break and hold for the next move.
I’ll keep updating these levels as price action develops.