🔥 BOUNCE IF THIS HOLDS!! TSLA, SPY, ES, NVDA, QQQ, COIN, META, AMZN, MSFT, & GOOG PREDICTIONS! 🚀
Published: Sep 11, 2024
Duration: 00:08:01
Category: People & Blogs
Trending searches: elon musk net worth
what's up guys it's Ray J back with another video and in this one I want to break down what's happening with spies hustle and the overall markets also going to talk about some very important levels to watch when what's going on with some news that just came out but just notes that I'm not a financial planner so take nothing I say is financial advice and also if you guys can please check out the mumu link if you deposit $100 you guaranteed five free stocks you deposit 1,000 bucks you're guaranteed 15 in total and offerings very soon in just a couple of weeks anyways for spy right now we are looking quite decent right now holding our keys report so I want to break down some more information about this in just a minute just note that we just had some Bill auctions come out everything was very close to what we saw previously not really affecting the market way too much so there's not really much data coming out for the rest of the day and tomorrow we have very minor data as well nothing too crazy so the market has some free time to do its thing without worrying as much about major data reports so the question is what's happening from here so I want to say that I mentioned to everyone there's going to be a dip and a bounce coming uh we dipped to the first support I called it at 553 I said if we lost this we're looking for basically the 550 area uh and then a bounce but if we held 553 we could have even bounced off that so one of those two levels I was calling out to be our bounce zones whether it's 553 or 550 we went down to 553 and we kind of rebounded off of that so so far it's holding up decently um uh this technically did make the move I was talking about a little dip in a bounce but now the question is can spy break out even higher than this that depends on many different factors so we're trying to hold above 555 right now and then the problem is we're struggling to break past 556 so we're just range bound right now spy has been going back and forth between these levels and in order for this to go higher we need to see a clean break of 5.56 we haven't done that yet so we have to give this some time when you look at the 30 minutes time frame uh we basically dipped quite a bit only to pump back up and then we're just completely just choppy trading sideways for the time being there's not really much going on with spy we're seeing just a lot of consolidation but there might be more volatility during the last hour of the day so we have to just wait for that to see what this is going to do otherwise we're just very very choppy right now if we end up breaking past 5.56 we could be looking for another push uh the 4H hour in the daily do still look more bullish but if we break 5.56 we have to watch for that for confirmation I would be looking for 558 if that breaks followed by this imbalance fi towards 560 a little bit above 560 if that ends up being the case and if you're bearish you want to see it uh lose 553 if that fails us we're going to be dipping all the way down to at least this 550 area so you want to be careful with these levels but so far spy is just consolidating and holding up nicely so if we could break 5.56 and close above that today we're going to have a lot more potential for upside otherwise we're just shuffling for the time being for NVIDIA we have this resistance at this 120 area I mentioned everyone that this might dip a little bit before it tries to rebound we dipped down to about 115 only to rebound it didn't go quite as low as some of these targets I was talking about 115 and 112 being our supports we ended up bouncing off 115 and now Nvidia is just shuffling between 118 and 120 so if we end up losing the 118 area we're going to be looking for a move back down to that 115 Zone as our main support so I'm going to be watching to see how well Nvidia could hold up around these levels and then if we end up breaking out you want to get back above 120 if 120 breaks we're looking for 122.8 is the next potential Target so overall we're just shuffling on Infinity we've been stuck for the past two hours so give this some time we did see a little bit of a dip only to rebound uh but overall we're just range bound so I have to give this a little bit more time to develop for ES we're also range bound we have 5580 resistance and 5552 as support close to our20 Ema so we've been going back and forth and back and forth uh so far it has not done much so I'm not really too concerned about this uh and I'm just going to say that we're completely range Bound for now so give this the time it needs there's not really much in for now uh for now we're range bound unless we could break past 5580 then we will turn back to bullish but for now yes is just stuck within a range Bitcoin is also range bound because when you look at the 4-Hour time frame we need to break past uh 58,000 uh 800 to really turn bullish we have to lose 56,800 to turn bearish otherwise we're just range bound on bitcoin so we're just waiting to see if this could break for Tesla we're range bound we're just shuffling around the 2 28 Zone have 228 is resistance followed by 230 and if we lose support we're looking at 225 followed by 222 I mentioned to you all that this might dip towards 222 then try to rebound we actually bounced off 224 to try to rebound so far Tesla heal support and we're just consolidating so give this the time it needs there's not really much going on with this at least for now for others out there we also have NQ NQ is also doing a good job at holding up we're once again trying to push higher and higher we're looking at this resistance to watch around this 9 ,500 area our supports at 19,250 that fil we coming back down to 19,000 so we're just range Bound for now I do see some upside potential in NQ but that's all I'm seeing for the time being uh some consolidation if we lose 19,250 we could be dipping lower to lower 19,000 19,100 is next Target followed by the 19,000 flat area 19,500 is resistance so we'll see how it ends up going the QQ were also stuck within a range if we break out High we're looking for 473 is resistance if we lose 466 we could be tipping back down range Bound for now so we give this the time it needs but there is some upside potential for Apple a range bound right now we have uh support at 221 and also at 220 and resistance resistance at 222 we're just completely stuck going back and forth and back and forth there's not really much going on the IW on the other hand is very bullish looking we're trying to push very close to 212 if we break that we're looking for 214 if we end up losing 211 we're looking for 210 followed by 208 but this looks more bullish breaking out it's holding up very nicely it could push more and oper from the markets coinbase is doing a good job at holding up we're going to be looking at 162 as our resistance if that breaks we're going to push even higher as long as we don't lose 158 we remain more bullish Amazon's just shuffling around 184 I was thinking we dip down to 182 then try to bounce we actually held 183.2 before we tried to bounce so it held up a little bit better than expected but still range bound we need to break past 185 and hold above it to turn more bullish uh at least close above that for meta we're looking at 520 and 524 as resistance and then 512 as our main support this is favoring upside looks a little bit more bullish to me as long as we can try to break 520 we continue higher it has potential Microsoft is going to be testing 420 if that fails us we're going to be looking for a de back down to 46 if that holds we could try to rebound so watch to see 420 holds otherwise it's just doing a big test right now and then Google looks more bullish if we break past this 155 area we're looking for basically the 157 area if we end up losing 153 going to be dipping back down to 150 but this looks more bullish so we'll see how things end up going so give this the time it needs that being said guys I want to thank you all so much for listening please have a great day remain calm cool and collected and we'll see how things end up developing from this point on just know that spy in my opinion has more bullish potential I think it could be pumping even more uh if we could try to hold above not only 555 but try to break 5.56 otherwise we're just kind of shuffling for the time being so we'll give this the time it needs so we'll see if those levels break uh I thank you all so much for your attention and I'll be back in a couple of hours for another update for the day uh one more thing uh there might be more volatility towards the end of the day that's something that's been happening for the last few days during the final hour that's when we see more volatility more potential upside so we will see if we get a big push at the end of the day or not look for a bigger Surge and volatility then for the final hour until then uh do what you have to do guys take your time and I'll see you guys very soon thanks again for listening and peace out