NVDIA
NVIDIA (NVDA) reported results that met or exceeded expectations, providing the catalyst for an initial market rally.
However, the broader indices quickly encountered overhead resistance, resulting in a brief false breakout before reversing lower. We are now trading below those highs.
Position Management
All short-term swing trades were closed at the open for profits, preserving gains from the pre-earnings momentum and avoiding the subsequent volatility.
The price action around this resistance zone will be key. I am monitoring for high-probability setups in both directions and will update subscribers as clean risk/reward opportunities emerge. Let’s now turn to the data and charts for a closer look at levels and potential scenarios.
