What HJTrades said in this video:
- SPYbullishmid-termThe SPDR S&P 500 ETF Trust (SPY) is consolidating in a bullish manner above previous all-time highs after a break and retest. Based on the historical pattern of the last six breakouts since the 2022 low, which saw gains of at least 4.7% within 30 days, the host expects a move up to 785 by November 2nd, capturing a 4.7% to 13% advance over the next month.Source
- QQQbullishmid-termThe Invesco QQQ Trust (QQQ) pulled back after setting up into a new all-time high and has a launchpad pattern suggesting it wants to run higher. The host notes upside resistance at 758.30, 762.86, 770, and 780, with downside support at 748.65 and 743.23, and expects upside momentum by November 2nd.Source
- AAPLbullishshort-termApple Inc. (AAPL) is consolidating just below all-time highs and above the daily 21 EMA. The host notes that a break above 345 would lead to a short-term move to 355 and then 360.Source
- AMZNbullishshort-termAmazon.com Inc. (AMZN) broke up above 259.49, the top of its base, and looks like it could head back to highs. The host assumes that if everything else rallies, Amazon will get through 270 in the short term, with a target of 270.73.Source
- MSFTbullishmid-termMicrosoft Corporation (MSFT) just broke up from two months of consolidation and re-tested its breakout level at 517.78, which got bought. The host believes that above 535.69 there is nothing until all-time highs, with a target of 555.45.Source
- METAbullishMeta Platforms Inc. (META) is right at the daily 21 EMA and has gone sideways for two weeks. The host anticipates the dip will get bought and the stock will head back to all-time highs, noting 750.58 as the breakout level and support at 707 and 691.52.Source