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Market Summary: SPY and QQQ experienced consol... Read More

Market Summary: SPY and QQQ experienced consolidation today but saw a strong recovery intraday. $BTCUSD continued its impressive bull run, boosting confidence in the crypto sector. NVDA formed a double top near its all-time high, creating a point of interest for technical traders. $SHOP reported a strong earnings beat, resulting in a significant bullish move. $TSLA saw a consolidation day as it took a breather from recent price movements. Tomorrow’s CPI release and Powell’s upcoming comments are key market catalysts to watch this week.

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Video Details

• Video Title

  CPI Nail Biter!
• Published

  2024-11-12T16:20:33-05:00
• Video ID

  MEpamkNylxU
• Content URL

  https://www.youtube.com/watch?v=MEpamkNylxU
• Embed URL

  https://www.youtube.com/embed/MEpamkNylxU
• Image

  https://img.youtube.com/vi/MEpamkNylxU/maxresdefault.jpg
• Description

  Tuesday, November 12, 2024 | The Chart Guys — Trading, Community, Daily Live Streams |
  Market Summary:SPY and QQQ experienced consolidation today but saw a strong recovery intraday.$BTCUSD continued its impressive bull run, boosting confidence in the crypto sector.NVDA formed a double top near its all-time high, creating a point of interest for technical traders.$SHOP reported a strong earnings beat, resulting in a significant bullish move.$TSLA saw a consolidation day as it took a breather from recent price movements.Tomorrow’s CPI release and Powell’s upcoming comments are key market catalysts to watch this week.