Walk into Monday knowing exactly what to watch:
✅ $SPY & solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr price action
✅ Key support and resistance levels
✅ GEX flip zones
✅ Highest probability reaction areas
Sent out every Sunday,
get yours👇
spxplays.com/levels
If this $NVDA move doesn't change overnight it likely gaps us lower. $SPX has to hold 7600-7577 on the dip and it's still buyable. Losing 7577 targets 7527. Above we have 7647 and 7680 for the gap fill.
Tomorrow's full trade plan is live in the lounge
SPXplays.com
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So Jensen clearly got that dog in him...but that’s not even the real story here:
The biggest setup in tech history is brewing right into $NVDA earnings next week.
$QQQ is down ~10%, and everyone is ignoring $MST quietly pulling back and delaying contracts with $NBIS and $IREN.
Remember, $MSFT accounts for a MASSIVE chunk of Nvidia's revenue stream as their single biggest customer.
If $MSFT trims even 5% of its compute spend, $NVDA isn't just missing earnings - it’s taking the entire market down...and apparently, it's not the only thing going down.
Is this the beginning of the end of the $SPY $QQQ AI trade or are we setting up for an earnings pump?
For those wondering why, here's the technical $SPY $SPX breakdown:
• heavy volume selloff through key ~760 support
• weak, low volume bounce back into the rejection zone
• previous major support now acting as heavy resistance
If you ask me, this is a classic low volume retest bull trap, time will tell 📉🪃🪃
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