Charts + Technical Analysis

Long-term rising trend-line failed to hold for $ARKK.

$AMC broke below key support.

$NVDA This is a major support area that I’ll be paying close attention to in the coming weeks, if it starts to test.

$AMD weekly chart rejected at key resistance levels.

$SBUX with a really good rally today post earnings. Now looking to test the declining trend-line.

Although overall economic activity edged down in the first quarter, household spending and business fixed investment remained strong. Job gains have been robust in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.

Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The

$VIX pushing above resistance. But can it hold that level into the close!?

$F testing its long-term trend-line here.

$AMD trying to bounce off $85 level of support.