Chief Market Strategist Gareth Soloway analyzes the stock market and specifically the S&P 500, revealing it has has broken major support and formed a lower low — flashing a 70% probability of a cycle top. However, it is missing this one factor in technical analysis that would push probability to 80%. Are institutions artificially propping the market up ahead of tomorrow's highly anticipated SpaceX IPO? I am revealing the exact chart levels you must watch to see if this becomes an 80% confirmed market top.
Plus, we look at the catastrophic Oracle (ORCL) earnings drop, crude oil's impact on the ES futures bounce, and a hidden parallel trendline on Nvidia (NVDA) that could set up a major bounce play.
Video Length: 00:11:31
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