’12-Day War’ Declared Over – S&P 500 and NASDAQ Set Sights on New Highs
📊 Market Analysis Update – May 4, 2025
Both the NASDAQ (NDX) and S&P 500 (SPX) are now testing major resistance levels, most notably their 200-day moving averages. This marks a critical technical juncture for the broader US equity market as macroeconomic and geopolitical risks continue to simmer beneath the surface. 🔍 Technical Overview NASDAQ (NDX) has rebounded strongly from April’s lows near... Continue Reading →
📉 Profit Taken on Shorts — Reversal in Progress?
After a sharp multi-day selloff across the board, we are closing our swing short positions on the S&P500, NASDAQ, ICE (Intercontinental Exchange), and Netflix (NFLX). Here's a breakdown of the move and what comes next… 🔻 The Drop NASDAQ 100 (NDX): Down over 12% in the past two weeks. Clean rejection at the 200-day moving... Continue Reading →
