NIO (NIO)

Energy sector failing to push through the declining channel. $XLE $GPCR these days there's no limits to what the bulls won't go to, to buy the dip. This time off of a -50% push lower & bounce off the rising trend-line. Gap and crap on $NIO following the gap higher. Watch to see here whether

Nice base forming on $NIO daily. Watch for the breakout above resistance. $GS currently testing the declining trend-line & on the verge of pushing through here. Financials are higher risk plays with FOMC on Wednesday.

$F continues to hold the rising trend-line off of the March lows. Potential bounce candidate here. $NIO desperately attempting to hold major support. Close will be very important, and a hold should drastically increase the chances of a bounce from here. $QQQ declining resistance getting tested on QQQ here.

Nice bounce off of 3 nearby support levels so far for $NIO, but be mindful of $TSLA earnings today that could have a significant impact on the stock (for better or worse). $SPOT ascending triangle breakout level. Watch the 5-day moving average as type of trailing stop-loss. A close below would be reason for me

Massive triangle $DOCU not to far from its all time lows. Formed a double bottom in the very short-term but that pattern is simply part of the much larger triangle. Pullback on $NIO could be targeting a retest of multiple breakout levels underneath. Watch to see if either provides a bounce going forward. $PLUG pushing

$NIO breaking through both layers of resistance today on strong volume. Either $UNH bounces at $455 as it has done for the past 1.5 years, or it confirms the triple top and breaks down. Either way the $455 level is what I'm watching on $UNH. $LYFT is breaking out in a big way but with

$BTC.X remains in the early stages of its breakout. Really nice base breakout that goes back over a year. $XLV (healthcare) struggling to hold Friday's breakout above the declining trend-line. Watch for a break above $133.04 to resume the uptrend. $NIO inverse head and shoulders pattern, with multiple layers of resistance overhead that needs to

$NIO coming out of its basing pattern from the past month.    

$NIO key long-term support getting a major test today. So important that it bounces right here.    

$VIX breaking its downtrend ahead of the Powell speech.