bwy

This updates my previous S&P chart back last year showing the S&P still had room to run until any major resistance. We're nearing that major resistance at 7577. Looks like it might hit around January 2026. The trouble is this trend is heating up and we needed a pullback to 6295. With all the excitement from Nvidia and other major Hyperscalers I'm worried it's going to just go straight to Major resistance. *If it does* we could be looking at a decently large pullback next year (finishing around August) down to that 6295 area and back into the supporting trend line for the next big uptrend to start. If however we slow down here and get a pullback back to 6295 then I think we're good to make it over the major resistance without that big pullback next year. Either way once we hit the major resistance at 7577 we'll need to get close to that lower trend line at some point to begin a new bull run. Good luck and take caution as we approach this resistance!

My bias on Tesla is obviously down as I think it is one of the biggest bubbles of our time. However the market doesn't think so, and because of this it Tesla has greatly outpaced it's growth rate accelerating returns by almost a decade. I speculate there's still around 5 years left of sideways for Tesla before it's able to do anything. I would come up with your best options strategies for this range with a slight downward bias perhaps. Good luck!

Amazon seems to be overlooked at the moment, but it should start making bigger moves as it approaches $280 resistance (next support). I see a lot of things that lead me to believe next year will have a big pullback in tech. Until then AMZN looks to have really good risk reward as it's still so close to it's long term trend line with revenue growth steadily increasing. Good luck!

Circle seems to be in a steady decline towards $83. It's hard to say if it will hold there and find true support, but it's a good place to close shorts. Good luck!With bitcoin back on the uptrend I don't see how CRCL can't start rising again.

SUI's riding the uptrend up to breaking $4 resistance. $6.90 is next major resistance. Good luck!

Meta still has potentially further to fall before it finds support. Good luck!Expect it to move above $922 and that will become the new support for a pullback.

Nvidia seems to have been pulled down by the Dow just like Apple as both are just under major support. I'm sorry for my previous Nvidia chart that drew support near 140, I recognize where I screwed up, but this chart should be good. Fortunately actual 117 support wasn't that far below and my NVDA isn't too in the red. NVDA has the lowest revenue multiple in years right now. I know it's well off it's long term trend line, but it's growth rate is unlike anything it's ever been so expecting a steeper trend line to appear makes a lot of sense. Eventually I would imagine we'll get back to that trend line, but not anytime soon. The Dow hitting major support should finally lift NVDA and the others that have been dragged down like AAPL and AMZN. Good luck!Prepare for pullback at 200Don't listen to the news bashing NVDA, it still has legs to run above $200NVDA is in a very rare occurrence: lagging significantly behind SOX. I would stay heavy or increase positions in NVDA right now for the move over $200.Speaking of the devil lolSince we had such a nice range occur under 180 I'm not expecting $200 to be a major pullback area anymore. I'm expecting it to break and be our new major support. So expect any distance past 200 to get a pullback into 200. Good luck!First minor resistance above $200 is $218, which is often a pullback area for testing major support.

Apple is on support and from here should target about $370. Good luck!

Bitcoin is on support and poised to run above 141kGood luck!

GOOGL is likely finding support on $174. It's following the panic trend right now as almost everything Computer/Tech has been sold deep into support bids. GOOGL finding support here along with AMZN at $214 leads to my theory IXIC is ready to break resistance. If it fails to hold $174, then the major support at $148 should lift it back up towards it's final target (or next major support) of $252. Good luck!While I do expect a pullback in the near future so closing calls around $260, I'm changing my target to $297 for major resistance/next major support. Good luck!