Josh WL 9/12/24

by | Sep 11, 2024

Intermediate Change in Trend today bulls reclaimed when 460 QQQ reclaimed after the morning flush. CPI day so expected a big trend one way or the other will keep monitoring 460 area if bulls can reclaim for a couple days. If not looking for low of days breach today on both SPY AND QQQ for a breakdown have to see. 

NVDA- 110 was a key rejection spot for weeks and once it reclaimed after the morning dip was an uptrend rest of day 
will be looking vs 112 area for rest of week see if dips hold 

Relative Strength names looking for joins 
CORZ

ORCL

IOT

TSLA – will see if weak open r/g move in play for tomorrow nice hold here 

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