This area on the $SPX has been tested multiple times in the past few weeks. A sustained break below could signal a deeper correction. Conversely, holding it implies resilience. Watching for volume confirmation on any decisive move.
After its impressive run, $NVDA has pulled back today. It's still up significantly YTD, but the short-term trend seems to be softening. Is this a healthy consolidation after such a strong move, or are we seeing a rotation out of some of the AI darlings? I'm holding off on any new entries until there's more clarity on its support.