February - 2024

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OEX is at the Yearly R1 pivot point ⚠

The OEX index is at the Yearly R1 pivot point. ⚠ The BIGGEST reversals happen at the Yearly pivot points! ⏬⏫

S&P 500 (SPX) at Yearly r1 pivot point

⚠ The S&P 500 index (SPX) is at the Yearly R1 pivot point. In 2023, there was a 500 pt pullback at YR1(4608).

NVDA Yr2 was strong resistance

NVDA ran into strong resistance at the Yearly R2 pivot point. Look for a pullback to $620-606 maybe even $520.

GLD bouncing off YP support

Gold GLD so far, the 2024 yearly pivot point(YP) is strong support. As long as the YP holds = bullish bias in 2024.

Bitcoin at the 1st Yearly profit target

Bitcoin is testing the Yearly R1 pivot point. Good spot here to trim or hedge risk, imo.