InvestmentGuru

🚨$NFLX — $70.30

Trading setup

Broke down from $80 in September, flushed to $66.50, now bouncing on three green daily candles with RSI at 37.

upside targets from $70.30

$71–72 — first hurdle, the late-September shelf where it based before flushing to $66.50.

$73–74 — next congestion zone, thin but real supply overhead.

$75.60–77.87 — the 50/100ma wall. This is where relief bounces usually end unless volume expands.

$80 — the September breakdown point. Reclaiming it flips the structure from repair to recovery.

$72 is a bounce target; $75+ needs a trend change. Same discipline as always — partial into strength on the way up, because every one of these levels gets heavier.

MARKET update for coming week

CPI decides the macro. Earnings decide the micro. Friday brings the verdict.

Next week is an information-heavy week for the US market. Three things matter most: inflation, earnings quality, and the 10-year Treasury yield hovering near 5.3%.

MONDAY — Columbus Day

Stocks are open, bond markets are closed. Expect potentially thinner liquidity. Don’t chase the opening move.

TUESDAY — Big Banks Kick Off Earnings

JPMorgan, Goldman Sachs, Citigroup and Wells Fargo deliver the first major read on bank health, credit quality and consumer resilience in a high-rate environment.

WEDNESDAY — CPI: THE MAIN EVENT

The inflation report could determine the market’s next direction.

• Cooler core inflation: supports the disinflation narrative and risk appetite.

• Hotter core inflation: strengthens the higher-for-longer rate outlook.

The monthly core CPI number will be especially important.

THURSDAY — Growth + AI Demand

PPI, retail sales, jobless claims and regional manufacturing surveys