Good morning!
Market is rising as oil and $VIX cool down ahead of today’s CPI release. We need a good inflation number for this rally to continue — otherwise, we could see a big pullback.
Let’s watch the numbers. If the market reacts positively, many setups could pay nicely.
$GOOG — $333.78 reclaim needed for a move toward $340–345. Rejection could bring another pullback.
$INTC — $106–107 resistance. Needs to break for the next move; until then, likely consolidation.
$AAPL — looking strong. Watching $330 today, with $337–340 as the next target.
$ORCL — $164–167 breakout could lead to a big day, especially with high short interest.
$TSLA — $358–362 acting as support; $368–372 resistance.
$AMZN — consolidating around $250 and now bouncing. Reclaim $255 and $260 could be next.
$NVDA — $217.55 support / $224.41 resistance.
$APP — reclaim $319–320 and it could run toward $330–331.
Will update if I take any trades. Expecting a busy morning, so let’s see how the market reacts to CPI.
