NVIDIA Earnings TODAY: Surge And Rejection at $245 Resistance? Oil, Yields, Gold, Silver, Bitcoin
NVIDIA earnings drop today—will a blockbuster quarter push NVDA to the major $240-$245 resistance trend line? Chief Market Strategist Gareth Soloway breaks down the charts to give you the exact high-probability setups you need.
In today's My Trading Game Plan, we look at the critical correlation between the 10-year yield and oil. With oil pulling back on easing Middle East tensions, the 10-year yield is following suit, setting the broader stock market up for a strong open on the back of NVIDIA optimism.
But will NVDA stall out? Gareth analyzes the chart to see if a massive earnings beat can actually break through the heavy resistance line around $245. We also cover the next key levels for the S&P 500 and NASDAQ 100, analyze earnings movers like Target and TJ Maxx, and revisit yesterday's CrowdStrike forecast, which just tagged a perfect bearish topping tail reversal.
Finally, get your updated technical levels for Gold, Silver, Oil, Natural Gas, and Bitcoin. We don't gamble on hype; we rely on pure technical analysis to find high-probability trades and hit consistent singles and doubles. Leave the emotion at the door, follow the price action (remember: green candles go up, red candles go down), and put the odds in your favor!
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