CPI Coming Wednesday this week which should provide some more direction on the markets. What a volatility melt past few days. QQQ and SPY need to firm up over these short term 10/20 moving averages a bit so I wouldn’t be surprised to see more choppiness before CPI on Wednesday going to keep that in mind. Going to be looking to trade more catalyst based recent momentum vs just a technical setup here.
META- strongest megacap on my board possibly ath test incoming
TTD – big move off earnings going to give it a couple days but staying on radar
TMDX- will watch this week for more follow through
LUMN- going to see if 6s stay heavy for more unwind this week on shortside , if firms up again over 6.50/7 will leave it alone
Couple of Earnings coming this week
ONON- reports Tuesday premarket, held very well given this recent market drop
NU- huge flushout on big market drop on Monday and a total reclaim, they report Tuesday after hours
Other:
PLTR- recent new multiyear highs going to be looking vs 28s for bigger picture continuation this week
NKE- going to be looking vs 72.50 for a long, very beaten chart looking for short term reversion kind want to see steady grind up take place
NOW- going to keep looking vs 780s now for a recent highs retest and new aths
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