A very volatile but successful week has come to an end. Last weekend, I posted high-probability setups, see their targets below:
Bearish setups:
DIA: Reached the target at 514.7 🎯 (a -2.1% move versus Friday’s close).
SPY: Reached the target at 750.5 🎯 (a -1.8% move).
IWM: Reached 281.1 🎯 (a -2.5% move).
On the bullish side:
META: Reached 671 🎯 (a +3.6% move).
NFLX: Reached its target at 79.4 🎯 (a +2.6% move).
WMT: Made it to 108.6 🎯 (a +1.3% move).
AMD: Target of 550.1 reached 🎯 (a +6.6% move).
MSFT reached 488 for a -1.5% move 🎯 , LLY did not move in the bearish direction as expected, but the invalidation level of 1,122.6 served as a reliable reference point to protect capital, sitting just 0.6% away from Friday’s close. Other considerations like being bullish on GOOG or SPCX were posted, they made it to 348.0 (+3.7%) and 155.8 (3.1%) respectively.
Every single target mentioned was based on the levels I model every Friday for the week ahead, focusing on zones where institutional algorithms react. For example, SPY bottomed on Wednesday at 747 against a bearish target of 748.6, and IWM bounced precisely at 281, hitting the exact target.
Over the past two weeks, we have studied how to manage these levels, including the implications of closing the day above or below a bullish target, as well as holding above versus below supports. Access all the key learnings here:
These levels are modeled every Friday for you, providing the information needed to assess risk and reward before the market opens on Monday. You don’t have to wait for the opening bell to decide your plan and which securities to trade; you have here the distances to essential levels and the setups suggesting whether they will act as support or resistance well in advance, so you make informed and serene decisions ahead of Monday morning.
My Core Watchlist:
Indices & Futures: SPX, NDX, DJI, IWM, ES=F, NQ=F
ETFs: SPY, QQQ, SMH, TLT, GLD, SLV, DIA, VXX
Major Stocks: AAPL, MSFT, GOOG, AMZN, NVDA, META, TSLA, SPCX, LLY, WMT, AVGO, COST, JPM, XOM, PLTR, NFLX, V, AMD
Crypto & Related: Bitcoin, Ethereum, ETHA, IBIT
Leveraged ETFs: TQQQ, SQQQ, UDOW, SDOW, UPRO, SPXS, URTY, SRTY
Unlock this valuable information, the weekly compass, and the daily tracking using levels for all the tickers.
Today’s Content:
Weekly Levels for the Watchlist
Monthly Levels for the Watchlist
Combined Levels
Daily Plan for Monday (SPX and ES=F)
WEEKLY LEVELS
The reversal on Thursday was solid and anticipated in Wednesday’s publication. The question is: is the bottom in? Why are MSFT and META suggesting a bearish reversal? What are the implications of the NFLX selloff? Why is the Dow Jones (DJI) not out of the woods yet? All the levels are detailed below. Let’s begin with what the E-mini futures chart suggests: