NASDAQ 100 Daily Technical Analysis & Setups

remo
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1 month 2 weeks ago #18520 by remo

Replied by remo on topic NASDAQ 100 Daily Technical Analysis & Setups

NASDAQ 100 Daily Technical Analysis - Monday, 27 April 2026
Data: Close 2026-04-27 | NAS100 (NDX): 27,305.68 | Change: +2.01 (+0.01%) | Range: 27,206-27,395 | VIX: 19.03

MARKET OVERVIEW

The NASDAQ 100 finished essentially flat at a fresh all-time-high zone, holding the round-number 27,300 level into a heavy event week. The S&P 500 and Composite both notched record closes, while the Dow lagged, signalling that rotation favours growth and tech ahead of Big Tech earnings (MSFT/META/GOOGL/AMZN on Wed, AAPL on Thu) and the FOMC decision on Wednesday (markets pricing ~85% probability of a hold at 3.50-3.75%).

The session was bifurcated. BULLISH memory and AI infrastructure names led — MU +5.60% to 524.56 on memory-cycle buying, NVDA +4.00% to 216.61 (fresh 52-week high), GOOGL +1.72% near 52w highs ahead of earnings. BEARISH action concentrated in semis equipment and consumer/cloud — AMD -3.83%, MRVL -3.71%, TMUS -3.71%, LRCX -3.07%, AMAT -2.92%.

Bias: Cautiously bullish at the index level, but exposed to event risk. The internal rotation out of overbought semis and into mega-cap tech is healthy — but RSI extension across 5+ chip names argues for tactical patience rather than chasing.

TREND ANALYSIS

EMA Stack Distribution (40 stocks):
- Bull (above all 20/50/200): 24/40
- Bull (above 20/50, below 200): 5/40
- Mixed/Recovery: 3/40
- Bear (below 20/50, above 200): 1/40
- Bear (below all 20/50/200): 7/40

Market Structure: The index is making higher highs and higher lows on the daily — classic uptrend. Internal breadth shows 29 of 40 components in some form of bullish stack (24 fully aligned), confirming the NDX is not running on a thin handful of names. The 27,000 level was tested and held intraday, marking a key swing-low pivot.

Phase: Late-stage trend with rotation. Semis are in the parabolic/distribution phase (10/10 above all EMAs but with avg RSI 71.7), while consumer/internet (4 of 10 in bear stack) is the lagging cohort. Software is bifurcated heading into reports.

INDICATOR SIGNALS

RSI(14) - NDX estimated ~64 (strong, not yet overbought): At the component level, 5 stocks are above RSI 75 (AMD 80.2, MRVL 78.2, TXN 76.5, NVDA 76.3, AMZN 75.

— a cluster suggesting near-term exhaustion in semis. Two are at washed-out extremes (TMUS 31.3, NFLX 38.

. The remaining majority sits in the 50-70 healthy-trend zone.

MACD: 18 of 40 components show positive MACD with line above signal — a constructive but not euphoric reading. Notable widening histograms on PANW (+1.84), MU (+9.58), KLAC (+15.10), SNPS (+9.42), MELI (+6.48). MACD compression visible on AAPL and MAR — wait-and-see.

Volume: Relative volume mostly subdued (rv < 1.0 on 28/40 names). KLAC printed rv 1.32 — institutional accumulation. Light-volume drift higher into earnings is typical and not a confirmation issue.

KEY NAS100 INDEX LEVELS

Resistance:
- 27,500: round-number psychological resistance, untested
- 27,395: today's intraday high, immediate ceiling
- 27,350: pivot R1 zone

Support:
- 27,200: today's low, first defence
- 27,000: round number, prior breakout level
- 26,800: 20-day EMA support

Pivot Framework (estimated for tomorrow):
Classic: S2 27,110 - S1 27,205 - Pivot 27,302 - R1 27,400 - R2 27,495
Round numbers in play: 27,000 (major), 27,500 (sentiment trigger)

NASDAQ 100 COMPONENT SIGNALS

Format: Ticker | Trend | RSI | MACD | %from52wH | DayCh% | vs POC

Mega-cap Tech
AAPL Bull/All RSI 55.3 (Neutral) MACD Bull+ -7.28% from 52wH Day -1.27% POC Yes
AMZN Bull/All RSI 75.8 (OB) MACD Bull+ -1.30% from 52wH Day -1.11% POC Yes
GOOGL Bull/All RSI 71.7 (OB) MACD Bull+ -0.80% from 52wH Day +1.72% POC Yes
META Bull/All RSI 62.4 (Strong) MACD Bull+ -14.77% from 52wH Day +0.53% POC Yes
MSFT Bull/20-50 RSI 63.6 (Strong) MACD Bull+ -23.49% from 52wH Day +0.08% POC Yes
NVDA Bull/All RSI 76.3 (OB) MACD Bull+ -0.10% from 52wH Day +4.00% POC Yes
TSLA Mixed RSI 50.0 (Neutral) MACD Bull- -24.11% from 52wH Day +0.60% POC No

Semiconductors
ADI Bull/All RSI 71.2 (OB) MACD Bull+ -3.86% from 52wH Day -1.75% POC Yes
AMAT Bull/All RSI 61.6 (Strong) MACD Bull+ -3.72% from 52wH Day -2.92% POC Yes
AMD Bull/All RSI 80.2 (OB) MACD Bull+ -5.24% from 52wH Day -3.83% POC Yes
AVGO Bull/All RSI 74.3 (OB) MACD Bull+ -2.59% from 52wH Day -1.08% POC Yes
KLAC Bull/All RSI 70.8 (OB) MACD Bull+ -2.03% from 52wH Day -1.81% POC Yes
LRCX Bull/All RSI 56.2 (Neutral) MACD Bull+ -5.90% from 52wH Day -3.07% POC Yes
MRVL Bull/All RSI 78.2 (OB) MACD Bull+ -7.39% from 52wH Day -3.71% POC Yes
MU Bull/All RSI 73.2 (OB) MACD Bull+ -1.28% from 52wH Day +5.60% POC Yes
QCOM Bull/20-50 RSI 74.4 (OB) MACD Bull+ -27.02% from 52wH Day +0.98% POC Yes
TXN Bull/All RSI 76.5 (OB) MACD Bull+ -6.37% from 52wH Day -2.76% POC Yes

Software/Cloud
ADBE Bear/All RSI 45.6 (Neutral) MACD Bull- -43.42% from 52wH Day -2.50% POC No
CDNS Bull/All RSI 66.6 (Strong) MACD Bull+ -10.56% from 52wH Day +1.14% POC Yes
CRWD Bull/All RSI 60.8 (Strong) MACD Bull+ -19.81% from 52wH Day +1.45% POC Yes
CSCO Bull/All RSI 65.9 (Strong) MACD Bull+ -2.42% from 52wH Day -0.84% POC Yes
FTNT Bull/All RSI 57.5 (Neutral) MACD Bull+ -21.65% from 52wH Day +1.57% POC Yes
INTU Bear/All RSI 44.5 (Neutral) MACD Bull- -52.08% from 52wH Day -1.52% POC No
PANW Bull/All RSI 63.0 (Strong) MACD Bull+ -18.21% from 52wH Day +2.44% POC Yes
SNPS Bull/All RSI 69.7 (Strong) MACD Bull+ -23.51% from 52wH Day -0.46% POC Yes
WDAY Bear/All RSI 41.2 (Neutral) MACD Bull- -57.31% from 52wH Day -1.61% POC No

Consumer/Internet
ABNB Bull/All RSI 60.8 (Strong) MACD Bull+ -4.20% from 52wH Day -1.23% POC Yes
BKNG Bear/All RSI 48.8 (Neutral) MACD Bear+ -24.01% from 52wH Day -1.53% POC Yes
COST Mixed RSI 49.9 (Neutral) MACD Bull+ -6.47% from 52wH Day -1.30% POC Yes
DASH Bull/20-50 RSI 53.7 (Neutral) MACD Bull+ -39.03% from 52wH Day -1.53% POC Yes
MAR Bull/All RSI 56.2 (Neutral) MACD Bull+ -5.09% from 52wH Day -1.76% POC Yes
MELI Bull/20-50 RSI 55.5 (Neutral) MACD Bull+ -30.47% from 52wH Day +0.22% POC Yes
NFLX Bear/All RSI 38.8 (Weak) MACD Bear- -31.88% from 52wH Day -1.17% POC No
ORLY Bear/All RSI 46.6 (Neutral) MACD Bear+ -15.41% from 52wH Day -1.25% POC No
PYPL Bull/20-50 RSI 58.3 (Neutral) MACD Bull+ -37.40% from 52wH Day -1.41% POC Yes
TMUS Bear/All RSI 31.3 (Weak) MACD Bear- -30.13% from 52wH Day -3.71% POC No

Healthcare/Biotech
ISRG Mixed RSI 50.4 (Neutral) MACD Bull- -22.01% from 52wH Day -2.33% POC No
REGN Bear/20-50 RSI 45.4 (Neutral) MACD Bear- -9.33% from 52wH Day -0.94% POC No

Industrial/Other
CEG Bull/All RSI 60.8 (Strong) MACD Bull+ -23.63% from 52wH Day +0.52% POC Yes
LIN Bull/All RSI 61.0 (Strong) MACD Bull+ -0.43% from 52wH Day +0.09% POC Yes

SECTOR ROTATION SUMMARY

Mega-cap Tech (7 stocks): avg day +0.65% | avg RSI 65.0 | 86% bullish stack | LEADING
Semiconductors (10 stocks): avg day -1.44% | avg RSI 71.7 | 100% bullish stack | LAGGING
Software/Cloud (9 stocks): avg day -0.04% | avg RSI 57.2 | 67% bullish stack | Neutral
Consumer/Internet (10 stocks): avg day -1.47% | avg RSI 50.0 | 50% bullish stack | LAGGING
Healthcare/Biotech (2 stocks): avg day -1.64% | avg RSI 47.9 | 0% bullish stack | LAGGING
Industrial/Other (2 stocks): avg day +0.30% | avg RSI 60.9 | 100% bullish stack | LEADING

Reading: Mega-cap Tech and Industrial/Other (CEG, LIN) leading on the day. Software bifurcated (cyber names like PANW/CRWD/FTNT bullish; ADBE/INTU/WDAY weak). Semis took a profit-taking day after extending. Consumer/Internet remains the cohort to avoid for now — TMUS, NFLX, BKNG, ORLY all in bear stacks.

TOP SWING TRADE SETUPS

Bullish Continuation Breakout - PANW (LONG)
Why: Closed +2.44% above all EMAs (20/50/200 fanned bullish). MACD line crossed signal with histogram widening to +1.84. RSI 63.0 is strong but not extreme. Above POC (160.68) by 13.8%. Earnings risk has passed for this cycle.
Entry: 180.50-183.00 · Stop: 175.00 · T1: 188.66 · T2: 193.30 · R:R: 1:1.7
Levels: EMA20 169.62 · EMA50 167.62 · EMA200 178.86 · POC 160.68 · ATR 7.30

Cybersecurity Continuation - CRWD (LONG)
Why: Bull stack on all EMAs. Up +1.45% on day, MACD widening +5.70. RSI 60.8 in healthy trend zone. Trading well above POC (403.45) by 12.7%. Cybersecurity cohort outperforming software peers.
Entry: 452.00-458.00 · Stop: 434.00 · T1: 467.10 · T2: 478.00 · R:R: 1:1.5
Levels: EMA20 426.24 · EMA50 422.15 · EMA200 438.86 · POC 403.45 · ATR 19.97

EDA Software Continuation - CDNS (LONG)
Why: Closed +1.14% above all EMAs. MACD spread strong (+4.99). RSI 66.6 - momentum present but not yet OB. EDA peers SNPS also bullish (RSI 69.7). POC 293.35 well below.
Entry: 335.00-338.00 · Stop: 324.00 · T1: 343.15 · T2: 352.00 · R:R: 1:1.5
Levels: EMA20 306.86 · EMA50 299.93 · EMA200 307.81 · POC 293.35 · ATR 12.07

LATAM E-com Pullback - MELI (LONG)
Why: Bull above 20/50 EMAs. MACD positive +6.48. RSI 55.5 reset from prior overbought. Closed +0.22% on day at 1839.28 — coiling above POC (1816.16). Cleaner risk/reward than US peers.
Entry: 1830.00-1860.00 · Stop: 1755.00 · T1: 1890.73 · T2: 1955.00 · R:R: 1:1.4
Levels: EMA20 1805.33 · EMA50 1822.00 · EMA200 2007.61 · POC 1816.16 · ATR 56.84

AI Power Play - CEG (LONG)
Why: Bull all EMAs. MACD widening +3.37. RSI 60.8 healthy. Powering data-centre demand thesis. Closed +0.52% with constructive structure. POC 292.42 acts as support.
Entry: 313.00-318.00 · Stop: 298.00 · T1: 326.98 · T2: 342.00 · R:R: 1:1.6
Levels: EMA20 294.79 · EMA50 298.70 · EMA200 309.38 · POC 292.42 · ATR 13.11

INTRADAY PIVOT/CAMARILLA SETUPS

Trend-Day Breakout - NVDA (LONG)
Why: At fresh 52-week high (216.83), closed 216.61. Trend day candidate above Cam R4. Use only if NDX is bid; reverses on macro shock from FOMC. RSI 76 means tight risk only.
Trigger: Break and hold above Cam R4 (221.81)
Entry: 221.81 · Stop: 219.21 · T1: R1 219.83 · T2: R2 223.06

Pre-Earnings Pivot Bounce - AAPL (LONG)
Why: Coiling above EMA50 (261.92) and EMA200 (253.28) with bullish stack. RSI 55.3 neutral, MACD +1.03. Earnings Thursday after-hours - hold daytime only.
Setup: Long the bounce off Pivot (267.02) or S1 (265.67)
Entry: 267.02 · Stop: 265.67 · T1: R1 268.96 · T2: R2 270.31

Oversold Mean-Reversion Bounce - TMUS (LONG-COUNTER)
Why: Closed -3.71% with RSI at 31.3 (extreme low). Bear stack so this is COUNTER-TREND only. Look for a Cam S3 (180.42) tag and reversal candle. Tight stop required.
Setup: Long the bounce off Pivot (185.08) or S1 (179.68)
Entry: 185.08 · Stop: 179.68 · T1: R1 188.14 · T2: R2 193.54

Pre-Earnings Range Fade - META (RANGE)
Why: Earnings Wednesday — daytime trade only. Cam S3-R3 range looks tight. Above-pivot bias given bull stack and MACD +5.26. Avoid holding overnight.
Range: Cam S3 (675.41) to Cam R3 (681.83) - fade extremes
Long at: 675.41 · Stop: 672.21 · Target: Pivot 677.32
Short at: 681.83 · Stop: 685.03 · Target: Pivot 677.32

Bearish Continuation Breakdown - NFLX (SHORT)
Why: Bear stack on all EMAs. Closed -1.17% at 91.36, RSI 38.8. Break of Cam S4 (90.51) targets S1 (90.83) then S2 (90.29). Use only with index roll-over.
Trigger: Break and hold below Cam S4 (90.51)
Entry: 90.51 · Stop: 90.94 · T1: S1 90.83 · T2: S2 90.29

KEY LEVELS DASHBOARD - TOP 5 TRADEABLE

NVDA - Close 216.61 (+4.00%) ATR 5.74
Cam: S4 211.41 · S3 214.01 · S1 215.74 || R1 217.48 · R3 219.21 · R4 221.81
Classic: S3 200.93 · S2 204.16 · S1 210.38 | Pivot 213.61 | R1 219.83 · R2 223.06 · R3 229.28
EMA: 20 195.08 · 50 188.40 · 200 176.98 | POC: 184.80
Day H/L: 216.83/207.38 | 52w H/L: 216.83/104.08

PANW - Close 182.90 (+2.44%) ATR 7.30
Cam: S4 178.76 · S3 180.83 · S1 182.21 || R1 183.59 · R3 184.97 · R4 187.04
Classic: S3 170.74 · S2 173.62 · S1 178.26 | Pivot 181.14 | R1 185.78 · R2 188.66 · R3 193.30
EMA: 20 169.62 · 50 167.62 · 200 178.86 | POC: 160.68
Day H/L: 184.02/176.50 | 52w H/L: 223.61/139.57

MU - Close 524.56 (+5.60%) ATR 26.59
Cam: S4 512.82 · S3 518.69 · S1 522.60 || R1 526.52 · R3 530.43 · R4 536.30
Classic: S3 491.26 · S2 500.64 · S1 512.60 | Pivot 521.98 | R1 533.94 · R2 543.32 · R3 555.28
EMA: 20 447.70 · 50 415.86 · 200 300.22 | POC: 410.58
Day H/L: 531.36/510.02 | 52w H/L: 531.36/73.50

AAPL - Close 267.62 (-1.27%) ATR 5.89
Cam: S4 265.81 · S3 266.72 · S1 267.32 || R1 267.92 · R3 268.52 · R4 269.43
Classic: S3 262.38 · S2 263.73 · S1 265.67 | Pivot 267.02 | R1 268.96 · R2 270.31 · R3 272.25
EMA: 20 264.40 · 50 261.92 · 200 253.28 | POC: 262.41
Day H/L: 268.36/265.07 | 52w H/L: 288.62/193.25

META - Close 678.62 (+0.53%) ATR 18.86
Cam: S4 672.21 · S3 675.41 · S1 677.55 || R1 679.69 · R3 681.83 · R4 685.03
Classic: S3 660.48 · S2 665.66 · S1 672.14 | Pivot 677.32 | R1 683.80 · R2 688.98 · R3 695.46
EMA: 20 647.16 · 50 637.72 · 200 651.66 | POC: 631.37
Day H/L: 682.50/670.84 | 52w H/L: 796.25/520.26

BEARISH WARNINGS

Stocks showing weakness — short candidates or avoid:

TMUS -3.71% RSI 31.3 Close 182.75 EMA200 212.78 POC 206.07 - bear stack on all EMAs
ADBE -2.50% RSI 45.6 Close 239.31 EMA200 312.15 POC 255.51 - bear stack on all EMAs
WDAY -1.61% RSI 41.2 Close 117.83 EMA200 185.03 POC 135.71 - bear stack on all EMAs
BKNG -1.53% RSI 48.8 Close 177.49 EMA200 192.45 POC 172.53 - bear stack on all EMAs
INTU -1.52% RSI 44.5 Close 389.92 EMA200 547.37 POC 415.65 - bear stack on all EMAs
ORLY -1.25% RSI 46.6 Close 91.97 EMA200 94.10 POC 92.97 - bear stack on all EMAs
NFLX -1.17% RSI 38.8 Close 91.36 EMA200 98.90 POC 91.42 - bear stack on all EMAs

Notable Setups Forming:
- TMUS: -3.71% breakdown, RSI 31.3 OS extreme — wait for capitulation candle before fade
- ADBE: -2.50%, well below 200EMA (251.69), MACD negative — trend-following short
- NFLX: at 91.36, RSI 38.8, bear all EMAs, near 52w lows territory
- AMD/MRVL: RSI 80+ on a -3.8%/-3.7% reversal day = bearish hammer pattern, watch for follow-through SHORT setups despite bull EMA stack

Overbought Watch (long-side risk):
AMD (RSI 80.2), MRVL (78.2), TXN (76.5), NVDA (76.3), AMZN (75.

- five names at or above the historical exhaustion threshold. Tight trailing stops on all longs in this cohort.

EVENTS CALENDAR (this week)

Tuesday 28-Apr:
- FOMC two-day meeting begins
- US Conference Board Consumer Confidence

Wednesday 29-Apr:
- FOMC rate decision @ 19:00 UK / 14:00 ET (consensus: hold 3.50-3.75%, ~85% priced)
- Powell press conference @ 19:30 UK / 14:30 ET
- US Q1 GDP advance estimate (08:30 ET)
- Earnings AMC: MSFT, META, GOOGL, AMZN

Thursday 30-Apr:
- Core PCE Price Index (08:30 ET) - Fed's preferred inflation gauge
- Initial jobless claims
- Earnings AMC: AAPL, CSCO (later week)

Friday 1-May:
- ISM Manufacturing PMI
- Earnings: XOM, CVX

NAS100 Component Earnings This Week: MSFT, META, GOOGL, AMZN (Wed AMC) · AAPL (Thu AMC) - five Magnificent 7 components reporting in 48 hours represents the largest single-week earnings concentration in NDX. Position sizing should reflect overnight gap risk.

Report: 2026-04-27 21:57 GMT · Not financial advice. Always DYOR. Capital at risk.

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remo
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1 month 2 weeks ago #18516 by remo

Replied by remo on topic NASDAQ 100 Daily Technical Analysis & Setups

. Sustainability depends on NVDA holding 52w highs next week.
Mega-cap Tech (avg +1.96%, 7/7 bullish) - AAPL, MSFT, NVDA, AMZN, META, GOOGL, AVGO. All bullish stacks, AMZN and NVDA at/near 52w highs. AAPL the lone red name (-0.87%) on valuation rotation.
Software/Cloud (avg +3.95%, 5/8 bullish) - SNPS +9.62% and CDNS +5.90% led the EDA complex; CRWD, PANW, FTNT all bullish. Laggards: ADBE (mixed), INTU and WDAY (bearish structure, but WDAY caught a +4.44% relief bounce).
Consumer/Internet (avg +0.49%, 8/10 bullish) - BKNG, MELI, MAR, ABNB, ORLY, DASH, PYPL green or bullish-structured. TSLA and NFLX remain the weak links in bearish stacks. COST -0.32% pausing at 52w high.
Healthcare/Biotech (avg -0.59%, 1/2 bullish) - REGN -1.89% back below EMA20/50, ISRG holding a 20/50 reclaim but still sub-EMA200. The weakest sub-group on the index.
Industrial/Other (avg +1.45%, 3/4 bullish) - CEG +7.08% on big volume reclaim of EMA200, CSCO and LIN holding 52w-high structure. TMUS is the sector drag, sub-everything.

Top Swing Trade Setups

1. KLAC — Break-and-Hold at 52w High
Bullish all-EMA stack, RSI 75.7 (extended, not parabolic), MACD expanding, close at $1,935.31 vs 52w high $1,939.36 (0.21% away). Volume 1.30x. POC at $1,516 far below - no overhead supply in sight.
Entry: 1,940-1,950 on break · Stop: 1,868 (1x ATR $65.82) · T1: 2,001 (R2) · T2: 2,063 (R3) · R:R: 1:1.6

2. AMZN — Clean Breakout Ahead of Earnings
Close $263.93 vs 52w high $264.50 (0.22% away). Bull all-EMA stack, RSI 80.4, MACD 12.02/9.37. Prints earnings 29 Apr - setup is technically clean but size down for event risk.
Entry: 264.60 on breakout · Stop: 257.50 (below EMA20) · T1: 272 · T2: 280 · R:R: 1:2.3 · Caveat: earnings 29 Apr

3. NVDA — Continuation Toward $212 Ceiling
RSI 71.5, MACD 6.51/4.58, close $208.26 vs 52w high $212.19. 1.40x RV. EMA200 at $176.58 - structural support deep. Still trending, not parabolic.
Entry: 208-209 · Stop: 199 (below EMA20 $192.82) · T1: 215 · T2: 222 · R:R: 1:1.5

4. CEG — EMA200 Reclaim + Volume Confirmation
Close $313.51 (+7.08%) reclaimed EMA200 ($309.33). MACD still negative (-0.35/-2.78) but narrowing rapidly. 1.22x RV on a late-stage recovery play - room to $360 if EMA20 ($292.65) holds on pullback.
Entry: 314-316 or 301 pullback · Stop: 291 (below EMA20) · T1: 340 · T2: 360 · R:R: 1:2.0

5. SNPS — MACD Momentum Ignition
+9.62% breakout day, RSI 70.7, MACD cross positive (15.43/6.25), 1.67x RV. Close $500.82 above all three EMAs and POC $429.40. Fresh momentum leg.
Entry: 502-505 · Stop: 476 (~2x ATR below) · T1: 535 · T2: 565 · R:R: 1:2.4

Intraday Setups — Pivot & Camarilla

NVDA — Pivot-Bounce Long
Classic pivot $206.78, R1 $210.91. Trend is up; intraday dips to Cam S3 $206.97 are low-risk longs if tape holds.
Entry: 207.00-207.20 (Cam S3) · Stop: 205.30 (Cam S4) · T1: 209.50 (Cam R3) · T2: 212.10 (Cam R4)

AMD — Camarilla Breakout Continuation
Tape closed $347.80 after a +13.91% day. Cam R4 $350.64 is the breakout trigger. A print above opens momentum toward R1 $355.21 and R2 $362.53.
Entry: 350.75 on Cam R4 break · Stop: 344.50 (back inside range) · T1: 355.20 (R1) · T2: 362.50 (R2)

TMUS — Fade into Cam R3/Pivot
Bear all-EMA stack, RSI 37.1, close $189.80 (-2.20%). Intraday rallies into Cam R3 $191.52 or the classic pivot $192.12 are fade candidates.
Entry: 191.50-192.00 short · Stop: 193.20 (above Cam R4) · T1: 188.10 (Cam S3) · T2: 186.33 (S1)

REGN — Range Fade to Cam S3
Bear 20/50 structure, close $751.57 (-1.89%). Rallies into Cam R3 $757.11 look toppy while price is sub-EMA20.
Entry: 756.50-757.80 short · Stop: 762.50 (above Cam R4) · T1: 746.50 (Cam S3) · T2: 740.00 (S1)

KLAC — Range Long on Cam S3 Tag
Trend is emphatically up. Intraday pullbacks to Cam S3 $1,909 are the premium long entries while tape holds pivot $1,906.
Entry: 1,910-1,918 · Stop: 1,882 (Cam S4) · T1: 1,961 (Cam R3) · T2: 1,987 (Cam R4)

Key Levels Dashboard — Top 5 Most Tradeable

NVDA Close 208.26 | ATR 5.45 | RSI 71.5
Cam: S4 202.13 · S3 205.2 · S1 207.24 || R1 209.28 · R3 211.32 · R4 214.39
Classic: S3 190.59 · S2 195.2 · S1 201.73 || Pivot 206.34 || R1 212.87 · R2 217.48 · R3 224.01
EMA 20 192.82 · EMA 50 187.25 · EMA 200 176.58 · POC 184.38
Prev High/Low: 210.95 / 199.81 · 52w H/L: 212.19 / 103.11

AMD Close 347.8 | ATR 13.82 | RSI 88.9
Cam: S4 337.65 · S3 342.73 · S1 346.11 || R1 349.49 · R3 352.87 · R4 357.95
Classic: S3 318.78 · S2 326.66 · S1 337.23 || Pivot 345.11 || R1 355.68 · R2 363.56 · R3 374.13
EMA 20 263.31 · EMA 50 236.76 · EMA 200 204.89 · POC 224.29
Prev High/Low: 352.99 / 334.54 · 52w H/L: 352.99 / 90.37

KLAC Close 1935.31 | ATR 65.82 | RSI 75.7
Cam: S4 1883.26 · S3 1909.28 · S1 1926.63 || R1 1943.99 · R3 1961.34 · R4 1987.36
Classic: S3 1778.93 · S2 1811.82 · S1 1873.57 || Pivot 1906.46 || R1 1968.21 · R2 2001.1 · R3 2062.85
EMA 20 1714.23 · EMA 50 1590.54 · EMA 200 1291.01 · POC 1516.3
Prev High/Low: 1939.36 / 1844.72 · 52w H/L: 1939.36 / 664.2

AMZN Close 263.93 | ATR 6.64 | RSI 80.4
Cam: S4 260.18 · S3 262.06 · S1 263.31 || R1 264.55 · R3 265.8 · R4 267.68
Classic: S3 252.77 · S2 255.23 · S1 259.58 || Pivot 262.04 || R1 266.39 · R2 268.85 · R3 273.2
EMA 20 238.88 · EMA 50 227.77 · EMA 200 222.5 · POC 218.36
Prev High/Low: 264.5 / 257.69 · 52w H/L: 264.5 / 178.85

META Close 675.05 | ATR 19.42 | RSI 61.5
Cam: S4 660.29 · S3 667.67 · S1 672.59 || R1 677.51 · R3 682.43 · R4 689.81
Classic: S3 632.21 · S2 643.02 · S1 659.04 || Pivot 669.85 || R1 685.87 · R2 696.68 · R3 712.7
EMA 20 643.85 · EMA 50 636.05 · EMA 200 651.39 · POC 637.15
Prev High/Low: 680.67 / 653.84 · 52w H/L: 796.25 / 517.5

Bearish Warnings
BEARISH TMUS - Full bearish EMA stack, RSI 37.1, MACD -4.47/-4.20, close $189.80 (-2.20%) only $8.44 off 52w low. Phone-carrier space rotating out on rate/subscriber concerns.
BEARISH NFLX - Bear(all), RSI 40.6, close $92.36 below all EMAs. Ad-tier growth deceleration priced in but momentum still sub-50D.
BEARISH TSLA - Bear(all), RSI 48.9 neutral but MACD negative (-0.28/-3.27). Close $376.30 below EMA20/50/200; 52w low $249 nowhere near but trend is broken.
BEARISH INTU - Bear(all), RSI 46.4. MACD deeply negative (-10.02/-12.71). Close $395.95 is 51.3% off 52w high $813.70 - epic breakdown still unwinding.
BEARISH WDAY - Bear(all) despite today's +4.44% bounce. RSI 42.8. Close $119.76 vs EMA200 $185.71 - bounce is countertrend until EMA50 ($136.91) reclaims.
BEARISH REGN - Bear(20/50), rolling off from a fading rally. RSI 48.2, close $751.57 below EMA20 ($754.73) and EMA50 ($756.57). Below-POC signal confirmed.

Divergence watch: AMD, MRVL, TXN and AVGO all register RSI > 77 while price sits at/near 52w highs - any price weakness while RSI fails to confirm would flag classic bearish divergence. Size-down add-ons until RSI cools or a clean pullback-and-reclaim forms.

Events Calendar — Week of 27 April 2026
Earnings (tracked names):
- Tue 28 Apr: Meta (META)
- Wed 29 Apr: Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN)
- Thu 30 Apr: Apple (AAPL)
- Also due: BKNG, PYPL, META, PANW reports across the week - check earnings.com for time slots

Macro
- Tue 28 Apr: Consumer Confidence, Richmond Fed Mfg Survey
- Thu 30 Apr: Q1 GDP Advance (first read) + Initial Jobless Claims, PCE Deflator, ECI
- FOMC: Next decision 6 May - no Fed speakers in blackout heading into it

Trading stance into event risk: Trimming overbought swing longs and rolling into defined-risk option structures through Wed/Thu makes sense given 5 mega-caps print. A clean beat from the MSFT/GOOGL/AMZN trio probably extends the breakout to 27,500+. A disappointment from any single one of them is the single biggest downside catalyst.

Report: 2026-04-24 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

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remo
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1 month 2 weeks ago #18513 by remo

Replied by remo on topic NASDAQ 100 Daily Technical Analysis & Setups

NASDAQ 100 Daily Technical Analysis - Thursday 23 April 2026
Data: Close 2026-04-23 | Nasdaq Composite: 24,438.50 | Change: -219 pts (-0.89%) | VIX: 18.92

MARKET OVERVIEW
A two-speed Nasdaq today. Software was crushed after weak updates from IBM (-10.3%) and ServiceNow (-15% to -18%), reigniting fears that generative AI is eating into SaaS growth. Analog and memory chips, by contrast, ripped higher after a blockbuster Texas Instruments print. Of the 40 NAS100 names in our scanner, 27 closed lower and only 13 higher, yet the aggregate tape still held together because the heaviest weights (AAPL, GOOGL, AMZN, AVGO, NVDA) stayed close to the flatline.

Key drivers: TXN +19.43% lifted the semis complex; ADI +5.89%, MRVL +5.24%, AMD +0.62% all piggy-backed. Software was the clear loser: WDAY -9.42%, ADBE -6.63%, INTU -6.21%, CDNS -5.21%, FTNT -4.97%, PANW -4.41%, MSFT -3.97%. Oil surged on renewed Iran geopolitical tension, lifting VIX intraday toward 20 before settling at 18.92.

Overall bias: Still structurally bullish (22 of 40 Bull above all three EMAs, 37 of 40 MACD positive) but short-term tape is defensive and rotational. Treat this as a sector-divergence day, not a trend break.

TREND ANALYSIS
Aggregate EMA stack (40 names):
Bull (above all three) - 22 stocks: AAPL, ABNB, ADI, AMAT, AMD, AMZN, AVGO, CDNS, COST, CRWD, CSCO, GOOGL, KLAC, LIN, LRCX, MAR, META, MRVL, MU, NVDA, REGN, TXN
Bull (above 20/50 but below 200) - 7 stocks: DASH, FTNT, MSFT, ORLY, PANW, PYPL, SNPS
Bear (below all three) - 7 stocks: ADBE, BKNG, INTU, NFLX, TMUS, TSLA, WDAY
Mixed - 4 stocks: CEG, ISRG, MELI, QCOM

Market structure remains a higher-low, higher-high daily trend on the aggregate; today's red candle is shallow versus recent gains and did not break the 20-day EMA on most leaders. Current phase: Consolidation inside an uptrend, with a clear sector rotation out of software and into chips.

INDICATOR SIGNALS
RSI(14): Six names in overbought territory (>=70): ADI 80.3, AMD 83.6, AMZN 76.4, AVGO 77.2, MRVL 89.2, TXN 88.6. Zero names oversold. Watch for mean-reversion pullbacks on the chip leaders; none of them show bearish price/RSI divergence yet but the elastic is stretched.

MACD: 37 of 40 with line above signal - overwhelmingly bullish momentum despite the red tape. Only TSLA, NFLX, and ADBE show MACD line below signal in combination with a negative histogram. INTU, WDAY, and BKNG are below signal too but already in recovery posture.

Volume: Above-average print on the main movers - TXN RelVol 3.62 (huge), ADBE 1.80, WDAY 1.69, AMD/MRVL around 1.1-1.2. Selling in software came with volume, which matters; chip rallies came with conviction too.

KEY LEVELS - NASDAQ 100 INDEX
Resistance:
R1 - 27,000 round-number psychological (first pivot above 22-Apr 26,937 close)
R2 - 27,300 prior swing high from early April
R3 - 27,650 all-time-high zone

Support:
S1 - 26,700 today's estimated intraday low and 20-day EMA proxy
S2 - 26,400 rising 50-day EMA area
S3 - 26,000 March consolidation shelf and major line in the sand

Classic pivots (proxy from 26,937 Apr 22 close): S2 ~26,580 · S1 ~26,760 · P ~26,890 · R1 ~27,070 · R2 ~27,200

SECTOR GROUPING
Semiconductors - LEADING
NVDA, AVGO, AMD, TXN, ADI, AMAT, LRCX, KLAC, MU, MRVL, QCOM, MCHP-proxy
Group is ripping. TXN's guidance raise, ADI's sympathy move, AMD and AVGO sitting on Bull-above-all with strong MACD. Seven of the twelve chip names in our list have RSI above 60.

Software / Cloud - LAGGING
MSFT, ADBE, CRWD, INTU, PANW, WDAY, SNPS, CDNS, FTNT, PYPL
The weakest pocket of the Nasdaq today. Four of the ten are now Bear-below-all or Bear-below-20/50. Scan for rejection patterns at prior support before trying to bottom-fish.

Mega-cap Tech - STABLE
AAPL, MSFT, NVDA, AMZN, META, GOOGL
Muted action. AAPL +0.10%, GOOGL -0.13%, AMZN -0.11% - the largest names held the line while mid-cap software sold off. MSFT is the only weak link among the megacaps today.

Consumer / Internet - MIXED TO WEAK
TSLA -3.56%, BKNG -1.48%, ABNB -1.60%, MELI -2.78%, DASH -2.89%, NFLX -0.45%, MAR +0.31%, PYPL -2.87%

Healthcare / Biotech - DEFENSIVE BID
REGN +2.60%, ISRG -0.99%. Biotech catching a rotation bid as growth money exits software.

Industrial / Other - FIRM
LIN +2.72%, CEG +1.95%, COST +1.06% - boring names doing well on a risk-rotation day.

TOP SWING TRADE SETUPS

1. TXN - Post-Earnings Momentum Long (Wait for Pullback)
Trend: BULLISH - gap above all EMAs, fresh 52-week high at 284.12, MACD explosively bullish, RSI 88.6 overbought.
Setup: Blow-off move on 3.62x relative volume. Do NOT chase. Wait for a pullback to the breakout zone.
Entry: 268-272 (prior resistance now support, above Cam S4 268.58) · Stop: 263 (below EMA20 221 ATR buffer tight) · T1: 284 (retest high) · T2: 300 (classic R2) · R:R: 1:2.6
Why: Stifel flipped Hold to Buy with 250 target, TD Cowen Buy with 250, Mizuho upgraded. Analog upcycle thesis. POC 214.51 is now a distant floor, proving the structural shift. Risk: RSI 88 = dip first.

2. ADI - Sympathy Chip Continuation
Trend: BULLISH - Bull above all, fresh 52w high, EMA20 354 / EMA50 335 / EMA200 288, MACD 16.89/10.91.
Entry: 398-402 (classic S1 397 / pivot 402) · Stop: 388 (below Camarilla S4 + ATR 11.5) · T1: 415 (R2) · T2: 425 · R:R: 1:1.8
Why: ADI is the natural sympathy trade to TXN - same analog/industrial demand drivers, less extended RSI at 80. POC 333 well below price; price discovery zone is intact.

3. AVGO - Trend Continuation on Pullback
Trend: BULLISH - EMA stack wide, MACD 24.42/17.61, RSI 77 still has room.
Entry: 410-413 (classic S2 410.84 confluence with Cam S4 413.61) · Stop: 403 (below prior daily low 417 minus ATR 12.52) · T1: 427 (R1) · T2: 440 (round number above 52w high) · R:R: 1:2.1
Why: Only modestly red today (-0.64%) versus broad tape weakness - relative strength signal. Volume muted (RelVol 0.82) - sellers are not pressing.

4. MU - Memory Recovery Long
Trend: BULLISH - Bull above all, EMA200 296 vs price 481.72 (massive), MACD 20.62/12.82, RSI 66.2.
Entry: 470-475 (above POC 408 and rising 20-EMA) · Stop: 455 (1 ATR below entry) · T1: 493 (52w high retest) · T2: 510 · R:R: 1:1.9
Why: RSI 66 and MACD rising - less extended than TXN/ADI/MRVL, still in the chip leadership basket. Best chip pick if you do not want to chase extension.

5. WDAY - Short Rallies
Trend: BEARISH - Bear below all, close 114.67 just above 52w low 110.36, MACD -3.70/-4.50, RSI 36.9.
Entry: Short 119-121 (classic R1/R2 118-121 confluence with EMA20 125) · Stop: 126 (above EMA20) · T1: 111 (52w low) · T2: 103 (S3 classic) · R:R: 1:1.7
Why: Today's candle is a -9.42% gap-down with 1.69x RelVol. Guidance genuinely disappointed. Bear flag entries at prior-support-turned-resistance favour shorts until the daily close back above EMA20.

INTRADAY SETUPS (Pivot / Camarilla)

Pivot Bounce Long - NVDA
Cam S3 197.85 / Classic S1 196.65 zone is tight support. RSI 64, MACD positive, 20-EMA 191 below offers trend cushion.
Entry: 197.80-198.00 on first touch with bullish rejection · Stop: 196.40 (below classic S1) · T1: 200.28 (Cam R1 / round number) · T2: 203.26 (classic R1) · Direction: LONG · R:R: 1:2.4

Pivot Rejection Short - INTU
Below EMA20, EMA50, EMA200 - a clean bearish stack. Cam R3 386.56 / Classic R1 388.09 confluence offers supply.
Entry: 386-388 on rejection candle · Stop: 390.50 (above classic R1 + buffer) · T1: 381 (pivot) · T2: 376 (classic S1) · Direction: SHORT · R:R: 1:1.6

Camarilla Range Long - AAPL
Very tight Camarilla range: Cam S3 272.30 - Cam R3 274.56. Bull above all, RSI 62.9, sits on POC 262 well below.
Entry: 272.30-272.50 on mean-reversion · Stop: 271.00 (below daily low 271.65) · T1: 274.00 (pivot) · T2: 275.58 (classic R1) · Direction: LONG · R:R: 1:2.0

Camarilla Breakout Short - TSLA
Bear below all. Close 373.72 right on Cam S1 372.11 - break of Cam S4 364.03 signals trend-day.
Entry: Short on hourly close below 364.00 · Stop: 370.50 (above Cam S2) · T1: 358.43 (classic S2) · T2: 348.46 (classic S3) · Direction: SHORT · R:R: 1:2.4

Reversal Scalp Long - META
Pulled back but still Bull-above-20/50 and just reclaiming EMA200 651 from below. Cam S1 657.64 / Classic S1 651.61 confluence.
Entry: 657.50-659.00 on RSI bullish divergence on 15m · Stop: 650.80 (below EMA200) · T1: 668 (daily high) · T2: 677 (classic R2) · Direction: LONG · R:R: 1:2.3

KEY LEVELS DASHBOARD - TOP 5 TRADEABLE

TXN - Close 282.23 (+19.43%)
Cam: S4 268.58 - S3 275.41 - S1 279.96 || R1 284.50 - R3 289.05 - R4 295.88
Classic: S3 241.51 - S1 266.32 - P 275.22 - R1 291.13 - R3 315.94
EMA 20 221.79 - 50 209.98 - 200 195.16 || POC 214.51
Prev Day H/L 284.12 / 259.31 || 52W H/L 284.12 / 151.28

AVGO - Close 419.94 (-0.64%)
Cam: S4 413.61 - S3 416.77 - S1 418.88 || R1 421.00 - R3 423.11 - R4 426.27
Classic: S3 403.88 - S1 415.39 - P 422.35 - R1 426.90 - R3 438.41
EMA 20 373.51 - 50 351.20 - 200 323.16 || POC 335.23
Prev Day H/L 429.31 / 417.80 || 52W H/L 429.31 / 175.82

NVDA - Close 199.67 (-1.40%)
Cam: S4 196.03 - S3 197.85 - S1 199.06 || R1 200.28 - R3 201.49 - R4 203.31
Classic: S3 190.04 - S1 196.65 - P 200.24 - R1 203.26 - R3 209.87
EMA 20 191.19 - 50 186.39 - 200 176.27 || POC 184.04
Prev Day H/L 203.83 / 197.22 || 52W H/L 212.19 / 102.02

MSFT - Close 415.75 (-3.97%)
Cam: S4 409.01 - S3 412.38 - S1 414.63 || R1 416.87 - R3 419.12 - R4 422.49
Classic: S3 397.97 - S1 410.22 - P 416.94 - R1 422.47 - R3 434.72
EMA 20 400.75 - 50 403.40 - 200 442.04 || POC 400.97
Prev Day H/L 423.66 / 411.41 || 52W H/L 555.45 / 356.28

WDAY - Close 114.67 (-9.42%)
Cam: S4 111.57 - S3 113.12 - S1 114.15 || R1 115.19 - R3 116.22 - R4 117.77
Classic: S3 106.78 - S1 112.42 - P 115.82 - R1 118.06 - R3 123.70
EMA 20 125.26 - 50 137.61 - 200 186.37 || POC 137.94
Prev Day H/L 119.21 / 113.57 || 52W H/L 276.00 / 110.36

COMPONENT SIGNALS TABLE (40 stocks)
Format: TICKER | Close | Chg% | Trend | RSI | MACD | POC | % from 52w High
-
AAPL 273.43 +0.10% Bull(all) RSI 62.9 MACD BULL > POC -5.3% from 52w hi
ABNB 141.87 -1.60% Bull(all) RSI 63.6 MACD BULL > POC -3.7%
ADBE 238.98 -6.63% Bear(all) RSI 44.9 MACD BEAR < POC -43.5%
ADI 403.88 +5.89% Bull(all) RSI 80.3 MACD BULL > POC -1.1%
AMAT 403.91 +0.11% Bull(all) RSI 64.9 MACD BULL > POC -2.4%
AMD 305.33 +0.62% Bull(all) RSI 83.6 MACD BULL > POC -1.6%
AMZN 255.09 -0.11% Bull(all) RSI 76.4 MACD BULL > POC -1.4%
AVGO 419.94 -0.64% Bull(all) RSI 77.2 MACD BULL > POC -2.2%
BKNG 176.75 -1.48% Bear(all) RSI 48.2 MACD BULL > POC -24.3%
CDNS 314.33 -5.21% Bull(all) RSI 58.6 MACD BULL > POC -16.5%
CEG 292.77 +1.95% Mixed RSI 50.5 MACD BEAR > POC -29.1%
COST 1014.38 +1.06% Bull(all) RSI 57.7 MACD BULL > POC -4.9%
CRWD 445.39 -4.56% Bull(all) RSI 58.4 MACD BULL > POC -21.4%
CSCO 88.59 -1.35% Bull(all) RSI 68.6 MACD BULL > POC -2.1%
DASH 177.00 -2.89% Bull(20/50) RSI 56.6 MACD BULL > POC -38.0%
FTNT 82.76 -4.97% Bull(20/50) RSI 51.8 MACD BULL > POC -24.3%
GOOGL 338.89 -0.13% Bull(all) RSI 66.2 MACD BULL > POC -2.9%
INTU 383.30 -6.21% Bear(all) RSI 41.6 MACD BEAR < POC -52.9%
ISRG 478.82 -0.99% Mixed RSI 54.6 MACD BEAR < POC -20.7%
KLAC 1815.43 +0.19% Bull(all) RSI 68.9 MACD BULL > POC -1.6%
LIN 508.06 +2.72% Bull(all) RSI 59.4 MACD BEAR > POC -0.5%
LRCX 258.74 -2.56% Bull(all) RSI 57.3 MACD BULL > POC -5.4%
MAR 368.26 +0.31% Bull(all) RSI 63.0 MACD BULL > POC -3.1%
MELI 1809.20 -2.78% Mixed RSI 52.0 MACD BULL < POC -31.6%
META 659.15 -2.31% Bull(all) RSI 57.6 MACD BULL > POC -17.2%
MRVL 165.56 +5.24% Bull(all) RSI 89.2 MACD BULL > POC -1.4%
MSFT 415.75 -3.97% Bull(20/50) RSI 59.8 MACD BULL > POC -25.2%
MU 481.72 -1.18% Bull(all) RSI 66.2 MACD BULL > POC -2.4%
NFLX 92.82 -0.45% Bear(all) RSI 41.4 MACD BEAR > POC -30.8%
NVDA 199.67 -1.40% Bull(all) RSI 64.7 MACD BULL > POC -5.9%
ORLY 93.24 -0.72% Bull(20/50) RSI 52.0 MACD BULL < POC -14.2%
PANW 173.21 -4.41% Bull(20/50) RSI 56.4 MACD BULL > POC -22.5%
PYPL 49.75 -2.87% Bull(20/50) RSI 59.6 MACD BULL > POC -37.4%
QCOM 133.95 -1.56% Mixed RSI 52.6 MACD BULL < POC -35.0%
REGN 766.02 +2.60% Bull(all) RSI 54.6 MACD BULL > POC -6.7%
SNPS 456.85 -4.28% Bull(20/50) RSI 60.4 MACD BULL > POC -29.9%
TMUS 194.07 +2.73% Bear(all) RSI 41.4 MACD BEAR < POC -26.4%
TSLA 373.72 -3.56% Bear(all) RSI 47.7 MACD BEAR < POC -25.1%
TXN 282.23 +19.43% Bull(all) RSI 88.6 MACD BULL > POC -0.7%
WDAY 114.67 -9.42% Bear(all) RSI 36.9 MACD BEAR < POC -58.5%

BEARISH WARNINGS
WDAY - Close 114.67 is only 3.9% above 52w low 110.36. Death-cross stack EMA20 < EMA50 < EMA200 all above price. Fresh -9.42% gap with 1.69x volume confirms breakdown.
INTU - Down 52.9% from 52w high. Bear stack and negative MACD histogram widening. No reversal signal yet - do not bottom-fish.
ADBE - Bear below all. MACD negative. Close 238.98 only 6.6% above 52w low 224.13. AI-cannibalisation narrative is now the dominant driver.
NFLX - Bear below all EMAs, 30.8% off 52w high. RSI 41 with MACD crossing back down (0.55 / 1.99) - watch for break of daily low 92.07 as continuation signal.
TSLA - Bear below all. Down 3.56% with MACD negative and accelerating. Key line: close below Cam S4 364 opens 350 then 340.
Overbought risk: TXN 88, MRVL 89, AMD 83, ADI 80, AVGO 77, AMZN 76. Any one of these can snap back 5-8% on a quiet-volume session. Size positions accordingly.

EVENTS CALENDAR - NEXT 48 HOURS
Fri 24 Apr: Durable Goods Orders (Mar, Advance), University of Michigan Consumer Sentiment (Final). Both market-moving, both pre-open US.

Monday-Tuesday 27-28 Apr earnings to watch in the NAS100: No confirmed major NAS100 prints during Friday session - quiet day for single-stock catalysts inside the index after this week's heavy tech calendar. Full tech earnings slate resumes next week.

Geopolitical overlay: Iran tensions continue to support oil and volatility. WTI pushed near $91/bbl during the session. A further escalation would weigh on risk-assets overall and likely hit software/consumer more than chips.

Report: 2026-04-23 22:00 GMT - Data source: ChartsView daily NAS100 scanner (40 tickers, close of day). Not financial advice. Always DYOR. Capital at risk.

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remo
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1 month 2 weeks ago #18509 by remo

Replied by remo on topic NASDAQ 100 Daily Technical Analysis & Setups

NAS100 DAILY TECHNICAL ANALYSIS · Wednesday 22 April 2026
Data: Close 2026-04-22 · NAS100: 26,937.28 · Change: +457.80 (+1.73%) · VIX: 19.5

MARKET OVERVIEW
NAS100 posted a powerful session, closing at 26,937.28 — up 457.80 points (+1.73%) — on broad semiconductor and mega-cap leadership. The tape was driven by a blowout day in chips (MU +8.48%, AMD +6.67%, AVGO +5.09%, MRVL +3.96%) as capex demand from AI hyperscalers continues to flow through to the supply chain. Consumer and travel names lagged, with BKNG -6% on soft forward bookings guidance and TMUS -3.31% on subscriber-growth concerns.

Market breadth within our 40-stock universe was strongly bullish: 29 of 40 constituents closed above both their 20- and 50-day EMAs, with 23 in full bull alignment (above all three key EMAs). Only 4 names remain in strict bear alignment (below all three). VIX closed at 19.50, ticking up modestly (+3.34%) despite the rally — a sign that index option traders are pricing some hedging into tomorrow's TSLA / INTC earnings risk.

Overall bias: BULLISH — but extended. With NDX RSI(14) near 74 and the index ~10% above its 200-day EMA, chase risk is elevated. Favour pullbacks into the 20EMA over breakout chases at index level; stock-level setups where RSI is below 70 and price is reclaiming key EMAs offer the cleanest R:R.

TREND ANALYSIS
EMA stack: BULLISH — Price > EMA20 > EMA50 > EMA200 on the index. 50EMA at ~25,442 and 200EMA at ~24,525 are diverging positively, confirming medium-term uptrend.
Market structure: Higher highs, higher lows since the early-April swing low near 25,770. Today's close is a fresh monthly high and within touching distance of the 52-week high for the tech universe.
Phase: Trending advance — price action has broken out above the 26,700 consolidation band with expanding volume in leading semis.

INDEX INDICATOR SIGNALS
RSI(14): 74.3 — OVERBOUGHT. No bearish divergence visible — new price highs on new RSI highs. Momentum remains synchronised with price, but the overbought reading urges caution on fresh longs.
MACD: Line above signal with expanding positive histogram — bullish continuation.
Volume: Above 20-day average on the rally, driven by semi leadership. Relative volume in MU (0.96), AMD (1.31) and AVGO (1.01) confirmed their gap-and-go moves.

KEY NAS100 INDEX LEVELS
Resistance:
R1: 27,000 — psychological round number, first friction overhead
R2: 27,200 — near-term measured-move target off the recent consolidation
R3: 27,500 — upper Bollinger Band extension / all-time high zone

Support:
S1: 26,700 — prior consolidation ceiling, now support
S2: 26,300 — 20-day EMA confluence, rising trendline
S3: 25,770 — April swing low, must-hold for the uptrend

Classic Pivots (for 23 April): S2 26,420 · S1 26,680 · Pivot 26,810 · R1 27,070 · R2 27,200

NAS100 COMPONENT SIGNALS (40 STOCKS)
Format: Ticker · Close · Chg% · Trend · RSI · MACD · POC · %FromHi

Mega-cap Tech
AAPL: 273.17 · +2.63% · Bull · RSI 62.7 · MACD Bull · Above POC · -5.4% from 52wHi
MSFT: 432.92 · +2.07% · Bull 20/50 · RSI 73.1 · MACD Bull · Above POC · -22.1% from 52wHi
NVDA: 202.50 · +1.31% · Bull · RSI 69.8 · MACD Bull · Above POC · -4.6% from 52wHi
AMZN: 255.36 · +2.18% · Bull · RSI 76.8 · MACD Bull · Above POC · -1.3% from 52wHi
META: 674.72 · +0.88% · Bull · RSI 63.5 · MACD Bull · Above POC · -15.3% from 52wHi
GOOGL: 339.32 · +2.12% · Bull · RSI 66.7 · MACD Bull · Above POC · -2.8% from 52wHi
TSLA: 387.51 · +0.28% · Mixed · RSI 54 · MACD Bull · Below POC · -22.3% from 52wHi

Semiconductors
AVGO: 422.65 · +5.09% · Bull · RSI 79.1 · MACD Bull · Above POC · -0.1% from 52wHi
AMD: 303.46 · +6.67% · Bull · RSI 83.3 · MACD Bull · Above POC · -0.3% from 52wHi
MU: 487.48 · +8.48% · Bull · RSI 68.3 · MACD Bull · Above POC · -0.9% from 52wHi
QCOM: 136.07 · +0.38% · Mixed · RSI 58.6 · MACD Bull · Below POC · -33.9% from 52wHi
TXN: 236.31 · +1.36% · Bull · RSI 76.9 · MACD Bull · Above POC · -1.0% from 52wHi
AMAT: 403.48 · +2.32% · Bull · RSI 64.8 · MACD Bull · Above POC · -0.9% from 52wHi
LRCX: 265.55 · +2.78% · Bull · RSI 61.7 · MACD Bull · Above POC · -2.9% from 52wHi
KLAC: 1812.06 · +1.49% · Bull · RSI 68.7 · MACD Bull · Above POC · -0.6% from 52wHi
ADI: 381.42 · +1.64% · Bull · RSI 74.6 · MACD Bull · Above POC · -1.0% from 52wHi
MRVL: 157.31 · +3.96% · Bull · RSI 87.5 · MACD Bull · Above POC · -0.9% from 52wHi

Software/Cloud
ADBE: 255.94 · +3.54% · Mixed · RSI 56.8 · MACD Bull · Below POC · -39.5% from 52wHi
INTU: 408.68 · +0.95% · Mixed · RSI 49.9 · MACD Bull · Below POC · -49.8% from 52wHi
CRWD: 466.68 · +3.80% · Bull · RSI 66.5 · MACD Bull · Above POC · -17.7% from 52wHi
PANW: 181.20 · +3.57% · Bull · RSI 65 · MACD Bull · Above POC · -19.0% from 52wHi
FTNT: 87.09 · +2.15% · Bull · RSI 63.1 · MACD Bull · Above POC · -20.3% from 52wHi
SNPS: 477.26 · +2.07% · Bull · RSI 71.2 · MACD Bull · Above POC · -26.8% from 52wHi
CDNS: 331.61 · +1.77% · Bull · RSI 70.6 · MACD Bull · Above POC · -11.9% from 52wHi
WDAY: 126.60 · -1.98% · Mixed · RSI 47.7 · MACD Bull · Below POC · -54.1% from 52wHi

Consumer/Internet
NFLX: 93.24 · +0.71% · Bear · RSI 42.1 · MACD Bear · Above POC · -30.5% from 52wHi
COST: 1003.70 · -0.21% · Bull · RSI 53.5 · MACD Bear · Above POC · -5.9% from 52wHi
BKNG: 179.40 · -6.00% · Bear · RSI 50.6 · MACD Bull · Above POC · -23.2% from 52wHi
ABNB: 144.18 · +1.07% · Bull · RSI 68.7 · MACD Bull · Above POC · -2.1% from 52wHi
MAR: 367.13 · -2.22% · Bull · RSI 62.4 · MACD Bull · Above POC · -3.4% from 52wHi
MELI: 1860.98 · +0.37% · Bull 20/50 · RSI 59.4 · MACD Bull · Above POC · -29.6% from 52wHi
ORLY: 93.92 · +0.12% · Bull 20/50 · RSI 54.9 · MACD Bull · Above POC · -13.6% from 52wHi
DASH: 182.27 · -0.10% · Bull 20/50 · RSI 61.9 · MACD Bull · Above POC · -36.2% from 52wHi
PYPL: 51.22 · +0.67% · Bull 20/50 · RSI 68.1 · MACD Bull · Above POC · -35.6% from 52wHi

Healthcare/Biotech
REGN: 746.58 · -0.10% · Bear 20/50 · RSI 45.5 · MACD Bear · Below POC · -9.1% from 52wHi
ISRG: 483.62 · +7.16% · Bull 20/50 · RSI 56.9 · MACD Bull · Above POC · -19.9% from 52wHi

Industrial/Other
LIN: 494.62 · -0.04% · Mixed · RSI 49.7 · MACD Bear · Above POC · -3.1% from 52wHi
CEG: 287.16 · +3.41% · Bear · RSI 47.3 · MACD Bull · Below POC · -30.4% from 52wHi
TMUS: 188.92 · -3.31% · Bear · RSI 32.6 · MACD Bear · Below POC · -28.4% from 52wHi
CSCO: 89.80 · +0.11% · Bull · RSI 74.3 · MACD Bull · Above POC · -0.7% from 52wHi

BREADTH DASHBOARD
Bull (above all 3 EMAs): 23/40 · Bull (above 20/50): 6/40
Bear (below all 3): 4/40 · Bear (below 20/50): 1/40
Mixed/Recovery: 6/40 · Overbought RSI>=70: 10 · Oversold RSI<=30: 0 · Above POC: 32/40

TOP SWING TRADE SETUPS

1. AVGO · Semiconductor Breakout · LONG
Close 422.65 (+5.09%) · RSI 79.1 · MACD bull · Above all EMAs · -0.1% from 52wHi · POC 334.08
Entry: 418-422 on pullback · Stop: 407 (below 20EMA at 368.62 leaves room; tight stop under today's low 404.86 for swing) · T1: 435 · T2: 450 · R:R: 1:2.2
Thesis: Clean break to fresh all-time highs on +5.09% day with 1.01 RV. MACD histogram expanding, all EMAs aligned, price well clear of POC (334) — strong institutional footprint.

2. MU · Memory Chip Breakout · LONG
Close 487.48 (+8.48%) · RSI 68.3 · MACD bull · Above all EMAs · -0.9% from 52wHi · POC 407.11
Entry: 475-480 on pullback to breakout zone · Stop: 455 (below 20EMA buffer, ATR 26.35) · T1: 505 · T2: 533 (R3 pivot extension) · R:R: 1:2.5
Thesis: +8.48% session on memory super-cycle thesis. Price 66% above 200EMA and well clear of POC at 407. RSI 68.3 leaves room before overbought. Watch for a standard 0.5 ATR pullback before entry to avoid chasing.

3. KLAC · Semi Cap Equipment Continuation · LONG
Close 1812.06 (+1.49%) · RSI 68.7 · MACD bull · Above all EMAs · -0.6% from 52wHi · POC 1508.41
Entry: 1785-1800 on pullback to Cam R1 retest · Stop: 1720 (below 20EMA 1678) · T1: 1860 · T2: 1900 · R:R: 1:1.6
Thesis: Less extended than MU/AMD; RSI 68.7 still below 70. Sits 0.6% from 52wHi — natural magnet for breakout flow. MACD 85.79 vs 72.09 signal, healthy separation.

4. ABNB · Travel Recovery Breakout · LONG
Close 144.18 (+1.07%) · RSI 68.7 · MACD bull · Above all EMAs · -2.1% from 52wHi · POC 128.69
Entry: 142-144 (any pullback to Cam R1 zone) · Stop: 134 (below 20EMA) · T1: 148 · T2: 155 · R:R: 1:2.1
Thesis: Only 2% from 52wHi (147.25), daily high tagged the 52w high. RV 1.2 shows accumulation. Defies today's BKNG/MAR travel weakness — relative strength signal.

5. META · Mega-cap Recovery Long · LONG
Close 674.72 (+0.88%) · RSI 63.5 · MACD bull · Above EMA20/50 but below EMA200 · -15.3% from 52wHi · POC 637.80
Entry: 670-675 on retest of breakout · Stop: 640 (below 20EMA 638.61) · T1: 705 · T2: 735 · R:R: 1:2.5
Thesis: MACD line 17.19 vs signal 7.76 — very wide bullish separation. RV low at 0.49, so breakout lacks conviction yet — confirmation above 685 unlocks momentum toward 200EMA reclaim at 651 → pivoting bullish on longer timeframes.

INTRADAY SETUPS (Pivot/Camarilla)

1. AMD · Cam R4 Breakout Long
Close 303.46 (+6.67%) · Today touched Cam R4 (313.42). Pure trend-day setup.
Entry: Long if opens/holds above 313.42 (313.42) · Stop: 308.44 (308.44) · T1: R1 309.76 · T2: R2 316.06
Caution: RSI 83.3 — take profits aggressively on any wick through R1 pivot.

2. NVDA · Classic Pivot Bounce Long
Close 202.50 (+1.31%) · Sits at Pivot 201.33. Strong bull trend bias.
Entry: Long on bounce off S1 200.17 with bullish reversal candle · Stop: S2 197.83 · T1: Pivot 201.33 · T2: R1 203.67 · R:R: 1:2

3. PANW · Camarilla Range Trade
Close 181.20 · RSI 65 · Sits above Cam R3 - breakout tendency.
Long trigger: Break and hold above 184.70 (184.70) targets R1 pivot 183.43 (183.43)
Short fade: Rejection at 183.43 with bearish candle · Stop 184.70 · Target Cam S3 179.45 (179.45)

4. TSLA · AVOID — Earnings After Bell
Close 387.51 · Earnings released today after close. Mixed trend (EMA20 > EMA50, but close < EMA200 at 390.59). MACD just turned positive (0.33 vs -5.00 signal). Wait for post-earnings gap to fill or pivot levels to form before entering any direction.

5. ISRG · Reversal Long on Relative Volume
Close 483.62 (+7.16%) · RV 2.1 (2x average) · Big green day on heavy volume off oversold.
Entry: 481-485 (above today's close, near POC 481.11) · Stop: 466 (below Cam S4) · T1: 500 (R1 pivot) · T2: 510 · R:R: 1:1.5
Thesis: Rejected Cam R4 with strong close. Volume spike confirms buying. Watch for follow-through above 485 to invalidate downtrend.

KEY LEVELS DASHBOARD (Top 5 Tradeable)
AVGO · Close 422.65 · ATR 12.59
Cam: S4 412.56 · S3 417.61 · S1 420.97 || R1 424.33 · R3 427.69 · R4 432.74
Classic: S3 392.27 · S2 398.56 · S1 410.61 || Pivot 416.90 || R1 428.95 · R2 435.24 · R3 447.29
EMAs: 20 368.62 · 50 348.39 · 200 322.18 || POC 334.08
Day: H 423.20 · L 404.86 || 52w: Hi 423.20 · Lo 165.22

MU · Close 487.48 · ATR 26.35
Cam: S4 469.10 · S3 478.29 · S1 484.42 || R1 490.54 · R3 496.67 · R4 505.86
Classic: S3 433.28 · S2 445.92 · S1 466.70 || Pivot 479.34 || R1 500.12 · R2 512.76 · R3 533.54
EMAs: 20 428.53 · 50 404.93 · 200 294.10 || POC 407.11
Day: H 491.98 · L 458.56 || 52w: Hi 491.98 · Lo 67.44

NVDA · Close 202.50 · ATR 4.88
Cam: S4 200.58 · S3 201.54 · S1 202.18 || R1 202.82 · R3 203.46 · R4 204.43
Classic: S3 196.67 · S2 197.83 · S1 200.17 || Pivot 201.33 || R1 203.67 · R2 204.83 · R3 207.17
EMAs: 20 190.30 · 50 185.85 · 200 176.03 || POC 183.92
Day: H 202.50 · L 199.00 || 52w: Hi 212.19 · Lo 97.28

AAPL · Close 273.17 · ATR 6.19
Cam: S4 269.39 · S3 271.28 · S1 272.54 || R1 273.80 · R3 275.06 · R4 276.95
Classic: S3 261.91 · S2 264.39 · S1 268.78 || Pivot 271.26 || R1 275.65 · R2 278.13 · R3 282.52
EMAs: 20 262.26 · 50 260.81 · 200 252.75 || POC 261.83
Day: H 273.74 · L 266.87 || 52w: Hi 288.62 · Lo 193.25

AMD · Close 303.46 · ATR 11.28
Cam: S4 293.50 · S3 298.48 · S1 301.80 || R1 305.12 · R3 308.44 · R4 313.42
Classic: S3 273.54 · S2 279.84 · S1 291.65 || Pivot 297.95 || R1 309.76 · R2 316.06 · R3 327.87
EMAs: 20 249.05 · 50 229.25 · 200 202.43 || POC 219.12
Day: H 304.25 · L 286.14 || 52w: Hi 304.25 · Lo 85.17

BEARISH WARNINGS

BKNG · Close 179.40 · Chg -6.00% · below all 3 EMAs
TMUS · Close 188.92 · Chg -3.31% · below all 3 EMAs · weak RSI 32.6 · MACD bearish
REGN · Close 746.58 · Chg -0.10% · MACD bearish
NFLX · Close 93.24 · Chg +0.71% · below all 3 EMAs · MACD bearish · -30.5% from 52wHi
CEG · Close 287.16 · Chg +3.41% · below all 3 EMAs · -30.4% from 52wHi

Notable weakness within uptrend:
TMUS · 188.92 (-3.31%) · RSI 32.6 approaching oversold · Close below 200EMA at 213.51 · Death-cross risk; 52wLo at 181.36 is the line in the sand.
WDAY · 126.60 (-1.98%) · 54% from 52wHi · MACD bearish, below EMA50/200. No reversal signal yet.
REGN · 746.58 (-0.10%) · Mixed/recovery trend · Stalled under EMA20/50. Needs reclaim of 756 for long setup.

EVENTS CALENDAR
Tonight (Wednesday 22 April, post-close):
TSLA — Q1 2026 earnings (Robotaxi, AI capex focus)

Thursday 23 April:
INTC, GILD, CMCSA earnings (tech reports)
HON, AXP, UNP, LMT, TMO, NEE earnings (macro read-throughs)
US Initial Jobless Claims (13:30 UK)

Friday 24 April:
University of Michigan Consumer Sentiment final (April)

Read-throughs for NAS100:
TSLA earnings tonight are the single biggest catalyst — a miss could pressure mega-cap growth into Thursday, while a beat unlocks fresh highs toward 27,500. INTC Thursday is a semi-sector read; weakness would tap AMD/NVDA/AVGO profit-taking given stretched RSIs.

Report: 2026-04-22 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

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remo
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1 month 3 weeks ago #18504 by remo

Replied by remo on topic NASDAQ 100 Daily Technical Analysis & Setups

NAS100 Daily Technical Analysis - Tuesday 21 April 2026
Data: Close 2026-04-21 | NAS100: ~26,430 | Change: -131 (-0.49%) | Range: 26,350-26,620

MARKET OVERVIEW

US tech gave back ground on Tuesday as geopolitical risk (U.S.-Iran ceasefire uncertainty) weighed on broad risk assets. The NAS100 drifted roughly -0.5% to finish near 26,430, while the Nasdaq Composite closed -0.59% at 24,259.96, the S&P 500 -0.63% at 7,064.01 and the Dow -0.59% at 49,149.38. VIX firmed to 18.87.

Under the surface, leadership was bifurcated. Semiconductors and cybersecurity names outperformed aggressively (CRWD +3.80%, AMD +3.47%, FTNT +3.22%, PANW +3.18%, MRVL +2.35%), while a handful of heavyweight names and defensive tech dragged (AAPL -2.52%, ISRG -3.07%, CEG -3.42%, DASH -3.87%, NFLX -2.37%).

Across our 40-stock NASDAQ 100 scan: 16 advancers vs 23 decliners (1 flat), average change -0.11%. Despite the mixed tape, 31 of 40 stocks closed above their 60-day Point of Control and 35 of 40 held bullish MACD crossovers - the medium-term uptrend remains intact.

Overall bias: BULLISH medium-term, NEUTRAL short-term. Chips and cyber still lead; mega-cap tech is pausing. Tesla Q1 earnings (Wed 22 Apr AMC) is the pivotal near-term catalyst.

TREND ANALYSIS

EMA stack (index level): NAS100 EMA20 > EMA50 > EMA200 - classic bullish alignment holding from the late-2025 rally. A slow-turning 20EMA now provides first dynamic support.

Market structure: Sequence of higher-highs / higher-lows intact on the daily. Today's pullback is inside the prior two sessions' range - characteristic of a pause, not a reversal.

Current phase: Bullish trend in digestion mode. Short-term momentum is cooling (breadth deterioration today), but the underlying trend (index above all three EMAs, RSI mid-60s) has not been violated. Watch for a consolidation between 26,300-26,620 before the next leg.

INDICATOR SIGNALS

RSI (14): NAS100 mid-60s - bullish regime, not yet overbought. Internally, 7 components are >70 (ADI, MRVL, AMZN, AVGO, AMD, CSCO, TXN) - chip leadership is extended but not failing. 0 stocks in our universe are oversold (<30).

MACD: Histogram positive and expanding on the index; 35/40 components show MACD line above signal. Only 5 names with bearish MACD: REGN, COST, NFLX, TMUS, LIN.

Volume: Relative volume across the universe today was mixed - conviction on the upside moves (CRWD, AMD, PANW) was solid (RV 0.94-1.11), but several losers (AAPL 1.15, ISRG 1.46, TMUS 1.89) saw above-average participation on the decline, which is a short-term caution flag for those specific names.

KEY NAS100 INDEX LEVELS

Resistance:
- 26,620 - session high / immediate supply
- 26,800 - prior swing high cluster
- 27,000 - major psychological round number

Support:
- 26,350 - session low / short-term pivot
- 26,000 - round number + rising EMA20
- 25,700 - EMA50 zone, structural bull-trend support

Classic pivots (index proxy):
S2 26,100 | S1 26,280 | Pivot 26,450 | R1 26,620 | R2 26,800

NASDAQ 100 COMPONENT SIGNALS - ALL 40

Format: TICKER | CLOSE | CH% | RSI | MACD | %from52H | POC | TREND

AAPL | 266.17 | -2.52% | RSI 56.7 Bull | MACD Bull+ | 52H -7.78% | aPOC | Bull (above all)
MSFT | 424.16 | +1.46% | RSI 69.9 Strong | MACD Bull+ | 52H -23.64% | aPOC | Bull (above 20/50)
NVDA | 199.88 | -1.08% | RSI 67.6 Strong | MACD Bull+ | 52H -5.80% | aPOC | Bull (above all)
AMZN | 249.91 | +0.66% | RSI 74.0 OB | MACD Bull+ | 52H -3.36% | aPOC | Bull (above all)
META | 668.84 | -0.31% | RSI 62.1 Strong | MACD Bull+ | 52H -16.00% | aPOC | Bull (above all)
GOOGL | 332.29 | -1.52% | RSI 63.0 Strong | MACD Bull+ | 52H -4.79% | aPOC | Bull (above all)
AVGO | 402.21 | +0.65% | RSI 74.6 OB | MACD Bull+ | 52H -2.99% | aPOC | Bull (above all)
TSLA | 386.39 | -1.56% | RSI 53.5 Bull | MACD Bull | 52H -22.54% | bPOC | Mixed/Recovery
COST | 1005.81 | +0.80% | RSI 54.5 Bull | MACD Bear | 52H -5.74% | aPOC | Bull (above all)
NFLX | 92.58 | -2.37% | RSI 40.7 Weak | MACD Bear | 52H -30.97% | aPOC | Bear (below all)
AMD | 284.49 | +3.47% | RSI 79.4 OB | MACD Bull+ | 52H -1.08% | aPOC | Bull (above all)
ADBE | 247.18 | -0.58% | RSI 50.5 Bull | MACD Bull | 52H -41.56% | bPOC | Mixed/Recovery
QCOM | 135.56 | -1.43% | RSI 57.5 Bull | MACD Bull+ | 52H -34.18% | bPOC | Mixed/Recovery
TMUS | 195.39 | -1.50% | RSI 39.5 Bear | MACD Bear- | 52H -25.93% | bPOC | Bear (below all)
LIN | 494.84 | -0.66% | RSI 49.9 Weak | MACD Bear | 52H -3.10% | aPOC | Mixed/Recovery
ISRG | 451.29 | -3.07% | RSI 40.7 Weak | MACD Bull | 52H -25.27% | bPOC | Bear (below all)
INTU | 404.85 | +0.00% | RSI 48.4 Weak | MACD Bull | 52H -50.25% | bPOC | Mixed/Recovery
CSCO | 89.70 | +2.27% | RSI 74.1 OB | MACD Bull+ | 52H -0.11% | aPOC | Bull (above all)
TXN | 233.15 | -0.24% | RSI 75.3 OB | MACD Bull+ | 52H -1.21% | aPOC | Bull (above all)
AMAT | 394.33 | +0.69% | RSI 61.4 Strong | MACD Bull+ | 52H -3.18% | aPOC | Bull (above all)
BKNG | 190.86 | -0.61% | RSI 63.7 Strong | MACD Bull+ | 52H -18.29% | aPOC | Bull (above 20/50)
PANW | 174.96 | +3.18% | RSI 60.6 Strong | MACD Bull+ | 52H -21.76% | aPOC | Bull (above 20/50)
MU | 449.38 | +0.21% | RSI 60.5 Strong | MACD Bull+ | 52H -4.66% | aPOC | Bull (above all)
LRCX | 258.37 | -1.82% | RSI 58.6 Bull | MACD Bull+ | 52H -5.53% | aPOC | Bull (above all)
KLAC | 1788.13 | -0.95% | RSI 67.2 Strong | MACD Bull+ | 52H -1.93% | aPOC | Bull (above all)
ADI | 375.27 | -1.52% | RSI 72.5 OB | MACD Bull+ | 52H -2.64% | aPOC | Bull (above all)
REGN | 747.36 | -0.27% | RSI 45.9 Weak | MACD Bear- | 52H -8.98% | bPOC | Bear (below 20/50)
SNPS | 467.58 | +1.44% | RSI 68.8 Strong | MACD Bull+ | 52H -28.26% | aPOC | Bull (above all)
CDNS | 325.84 | +2.30% | RSI 68.6 Strong | MACD Bull+ | 52H -13.44% | aPOC | Bull (above all)
MELI | 1854.18 | -0.85% | RSI 58.7 Bull | MACD Bull+ | 52H -29.90% | aPOC | Bull (above 20/50)
CRWD | 449.61 | +3.80% | RSI 62.7 Strong | MACD Bull+ | 52H -20.69% | aPOC | Bull (above all)
MAR | 375.45 | -0.86% | RSI 70.0 Strong | MACD Bull+ | 52H -1.20% | aPOC | Bull (above all)
ABNB | 142.65 | -0.65% | RSI 67.1 Strong | MACD Bull+ | 52H -2.14% | aPOC | Bull (above all)
MRVL | 151.31 | +2.35% | RSI 86.0 OB | MACD Bull+ | 52H -2.35% | aPOC | Bull (above all)
DASH | 182.45 | -3.87% | RSI 62.1 Strong | MACD Bull+ | 52H -36.09% | aPOC | Bull (above 20/50)
FTNT | 85.26 | +3.22% | RSI 59.7 Bull | MACD Bull+ | 52H -22.02% | aPOC | Bull (above all)
CEG | 277.73 | -3.42% | RSI 41.3 Weak | MACD Bull | 52H -32.70% | bPOC | Bear (below all)
WDAY | 129.16 | +0.95% | RSI 50.6 Bull | MACD Bull | 52H -53.20% | bPOC | Mixed/Recovery
PYPL | 50.88 | -1.13% | RSI 67.1 Strong | MACD Bull+ | 52H -36.00% | aPOC | Bull (above 20/50)
ORLY | 93.81 | +1.06% | RSI 54.6 Bull | MACD Bull+ | 52H -13.71% | aPOC | Bull (above 20/50)

SECTOR GROUPING AND TRENDS

Semiconductors - 12/13 Bull (above all) - avg +0.31%
The undisputed leadership group. AVGO, AMD, MRVL, TXN, AMAT, KLAC, LRCX, ADI, MU, CDNS, SNPS all bull-aligned with strong MACD. Several extended (RSI>70) but volume is sticky - trend-followers stay long, no reason to fade yet.

Software/Cloud - 4/8 Bull (above all) - avg +1.79%
Cybersecurity (CRWD, PANW, FTNT) joined the party today with strong closes; CRWD and PANW broke out with conviction. ADBE, INTU, WDAY still in recovery mode below EMA200 - lagging but basing.

Mega-cap Tech - 5/6 Bull (above all) - avg -0.55%
Group pulled back today led by AAPL -2.52%. MSFT, NVDA, AMZN, META, GOOGL remain technically intact. AAPL is still above all three EMAs but today's -2.52% on 1.15x RV suggests short-term distribution - watch the 260 EMA50 zone.

Consumer/Internet - 3/10 Bull (above all) - avg -1.00%
Mixed: BKNG, MAR, ABNB, MELI bull-aligned; NFLX (-2.37%) now Bear (below all) and DASH (-3.87%) the weakest name of the day. TSLA drifting pre-earnings.

Healthcare/Biotech - 0/2 Bull (above all) - avg -1.67%
Outright weak. ISRG Bear (below all) and -3.07% today; REGN Bear (below 20/50). Avoid long exposure here until structure repairs.

Industrial/Other - 1/4 Bull (above all) - avg -0.83%
CSCO is the bright spot (74 RSI, near 52w high). CEG -3.42% ugly day, now Bear (below all). TMUS Bear (below all) with 1.89x RV today - accelerated distribution.

TOP SWING TRADE SETUPS

1. CRWD - Strong breakout continuation
Close 449.61 (+3.80%), RSI 62.7, MACD fresh bull cross (5.17 vs -0.43), Bull (above all), POC 404.27 well below price.
Entry: 448-452 · Stop: 435 (~1 ATR) · T1: 475 · T2: 510 · R:R: 1:2.0
Confluence: MACD just flipped positive, price reclaimed 440, plenty of room to 52w high 566.90. Cybersecurity leadership resuming.

2. AMD - Momentum breakout
Close 284.49 (+3.47%), RSI 79.4 (extended but strong), MACD 19.02>13.06, Bull (above all), within 1.1% of 52w high.
Entry: 282-285 on any pullback · Stop: 273 (below prior day low) · T1: 295 · T2: 305 · R:R: 1:1.6
Confluence: Chip leader, clear MACD expansion, POC 217.84 shows huge distance from fair value. Risk-aware - do NOT chase in size while RSI >78.

3. PANW - Reclaim above EMA200 pending
Close 174.96 (+3.18%), RSI 60.6, MACD 2.02>0.83, EMA200 178.86 (resistance just overhead), POC 160.84 well below.
Entry: 173-176, confirm break >179 · Stop: 167 · T1: 186 · T2: 200 · R:R: 1:1.4
Confluence: Bullish MACD, reclaim EMA20/EMA50; EMA200 is the final test. Above 179 opens fast tape toward 186 R2 pivot.

4. FTNT - Fresh MACD cross
Close 85.26 (+3.22%), RSI 59.7, MACD just crossed (0.24 vs -0.18), Bull (above all), above POC.
Entry: 84.5-86 · Stop: 81.5 (below EMA20) · T1: 90 · T2: 95 · R:R: 1:1.9
Confluence: MACD signal-line flip today is the fresh trigger; small stock universe, room to 52w high 109.33.

5. KLAC - New 52w high buyers
Close 1788.13 (-0.95% pullback), RSI 67.2, MACD 84.83>68.70 wide, Bull (above all), high 1823.27 = 52w high.
Entry: 1785-1800 · Stop: 1745 (below prior swing) · T1: 1830 · T2: 1880 · R:R: 1:1.5
Confluence: Printed new 52w high intraday then faded - classic pre-breakout pause. Chip-equipment leadership remains strongest subsector.

INTRADAY SETUPS (Pivot and Camarilla)

AMD - Cam R4 breakout trade
Pivot 282.44 | R1 288.25 | R3 297.83 | Cam R4 289.76
Direction: LONG on clean break of Cam R4 289.76. Indicates trend-day higher.
Entry: 290.06 · Stop: 287.12 · Target: 297.83
Confluence: Daily momentum aligned (RSI 79, MACD wide). Break of Cam R4 = trending day bias.

CRWD - Pivot / S1 bounce
Classic S1 437.69 | Pivot 448.42 | R1 460.34
Direction: LONG buy any pullback toward Pivot 448.42 or S1 437.69. Bullish daily structure.
Entry: 448.42-437.69 · Stop: 425.77 · Target: 460.34 then 471.07
Confluence: Today's breakout, fresh MACD bull cross, chance of a pullback to Pivot for a cleaner long.

BKNG - Camarilla range (Cam S3/R3)
Cam S3 189.55 | Cam R3 192.17 | Pivot 191.32
Direction: Range between Cam S3 and R3 - fade extremes. Long off Cam S3, short off Cam R3 (small size).
Long: Buy 189.55 stop 188.25 target 191.32
Short: Sell 192.17 stop 193.47 target 191.32
Confluence: Low RV (0.57) suggests quiet tape; tight Camarilla range is best for a range-fade approach.

TMUS - Bear pivot rejection
Classic S1 191.17 | Pivot 198.97 | R1 203.2
Direction: SHORT any bounce into Pivot 198.97 or R1 203.2. Bearish daily structure (Bear below all EMAs, MACD bear, 1.89x RV).
Entry: 198.97-203.20 · Stop: 211.00 · Target: 191.17 then 186.94
Confluence: Heavy distribution volume today, Bear (below all), MACD negative.

ISRG - Short rip to pivot
S1 444.69 | Pivot 457.89 | R1 464.48
Direction: SHORT toward Pivot 457.89. Bear (below all), RSI 40.7 bleeding lower.
Entry: 457.89-464.48 · Stop: 477.68 · Target: 444.69 then 438.10
Confluence: -3.07% on 1.46x RV, MACD deeply bearish, only 5% off 52w lows.

KEY LEVELS DASHBOARD (Top 5 Tradeable)

CRWD - Close 449.61 (+3.80%)
Cam: S4 437.15 · S3 443.38 · S1 447.53 || R1 451.69 · R3 455.84 · R4 462.07
Classic: S3 415.04 · S2 425.77 · S1 437.69 · Pivot 448.42 · R1 460.34 · R2 471.07 · R3 482.99
EMAs: 20 412.91 · 50 416.70 · 200 438.25 · POC 404.27
Prev Day H/L: 459.15 / 436.50 · 52W H/L: 566.90 / 342.72 · ATR 20.09

AMD - Close 284.49 (+3.47%)
Cam: S4 279.22 · S3 281.86 · S1 283.61 || R1 285.37 · R3 287.12 · R4 289.76
Classic: S3 269.09 · S2 272.86 · S1 278.67 · Pivot 282.44 · R1 288.25 · R2 292.02 · R3 297.83
EMAs: 20 243.33 · 50 226.22 · 200 201.41 · POC 217.84
Prev Day H/L: 286.20 / 276.62 · 52W H/L: 287.61 / 83.75 · ATR 10.62

PANW - Close 174.96 (+3.18%)
Cam: S4 170.54 · S3 172.75 · S1 174.22 || R1 175.70 · R3 177.17 · R4 179.38
Classic: S3 162.45 · S2 166.02 · S1 170.49 · Pivot 174.06 · R1 178.53 · R2 182.10 · R3 186.57
EMAs: 20 164.94 · 50 165.64 · 200 178.86 · POC 160.84
Prev Day H/L: 177.63 / 169.59 · 52W H/L: 223.61 / 139.57 · ATR 7.11

KLAC - Close 1788.13 (-0.95%)
Cam: S4 1760.17 · S3 1774.15 · S1 1783.47 || R1 1792.79 · R3 1802.11 · R4 1816.09
Classic: S3 1715.11 · S2 1743.77 · S1 1765.95 · Pivot 1794.61 · R1 1816.79 · R2 1845.45 · R3 1867.63
EMAs: 20 1663.99 · 50 1556.81 · 200 1273.87 · POC 1505.70
Prev Day H/L: 1823.27 / 1772.43 · 52W H/L: 1823.27 / 607.70 · ATR 63.61

NVDA - Close 199.88 (-1.08%)
Cam: S4 197.82 · S3 198.85 · S1 199.54 || R1 200.22 · R3 200.91 · R4 201.94
Classic: S3 194.59 · S2 196.79 · S1 198.34 · Pivot 200.54 · R1 202.09 · R2 204.29 · R3 205.84
EMAs: 20 189.01 · 50 185.17 · 200 175.77 · POC 183.78
Prev Day H/L: 202.75 / 199.00 · 52W H/L: 212.19 / 95.04 · ATR 4.98

BEARISH WARNINGS

CEG - Close 277.73 (-3.42%), Bear (below all EMAs). MACD bearish (-3.13 vs -3.75), above RV at 1.15. Price broke below EMA50 and EMA20 weeks ago and now below EMA200 - structural damage.

NFLX - Close 92.58 (-2.37%), Bear (below all EMAs) after today's break below EMA200. MACD still positive but weakening, RSI 40.7 bleeding. RV 1.26 confirms distribution.

TMUS - Close 195.39 (-1.50%), Bear (below all EMAs). MACD deeply bearish (-4.08 vs -4.00), RV 1.89x - heaviest distribution in the scan. Near 52w lows zone.

ISRG - Close 451.29 (-3.07%), Bear (below all EMAs). RV 1.46x. Structural downtrend since late-2025 peak.

DASH - Close 182.45 (-3.87%), the session's biggest loser. Still Bull (above 20/50) but EMA200 198.81 capping upside; MACD line positive but signal just flipped below. Watch 170 EMA20 - break there and the structure breaks.

REGN - Close 747.36, Bear (below 20/50). MACD bearish. Biotech weakness persists.

RSI OVERBOUGHT WATCH (potential short-term exhaustion): ADI 72.5, MRVL 86.0 (extreme), AMZN 74.0, AVGO 74.6, AMD 79.4, CSCO 74.1, TXN 75.3. Do not short bull trends on RSI alone - but trim partials and tighten stops.

EVENTS CALENDAR - NEXT 48 HOURS

Wednesday 22 April 2026 (AMC):
- TSLA Q1 2026 Earnings - Consensus EPS $0.37, revenue $22.71B. Focus: Robotaxi progress, AI narrative, margin trajectory.
- IBM Q1 (check release time)

Thursday 23 April 2026:
- Weekly Initial Jobless Claims (13:30 UK)
- S&P Global Flash PMIs (Services / Manufacturing) (14:45 UK)
- Existing Home Sales (15:00 UK)

Macro backdrop: U.S.-Iran ceasefire discussions remain the dominant geopolitical risk factor. Oil moves and any escalation headlines will push tech risk premia.

Report: 2026-04-21 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

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1 month 3 weeks ago #18498 by remo

Replied by remo on topic NASDAQ 100 Daily Technical Analysis & Setups

NASDAQ 100 Daily Technical Analysis — Monday, 20 April 2026
Data: Close 20 Apr 2026 | NAS100: 26,560.79 | Change: -111.65 (-0.42%) | Range: 26,412.52 - 26,670.11 | VIX: 17.48

MARKET OVERVIEW

The NASDAQ 100 opened the new week on the back foot, closing -111.65 points (-0.42%) at 26,560.79 after printing an intraday high of 26,670.11 and a low of 26,412.52. The session traded inside Friday's range and finished mid-channel — a classic pause-day after an extended advance.

Under the surface the tape was split. Mega-cap names led the drag: META -2.56%, NFLX -2.55%, TSLA -2.03%, MSFT -1.12% and AMZN -0.91%. That weakness was offset by a strong bid in semis and specialty names — MRVL +5.83% (fresh 52-week high), WDAY +3.32%, DASH +3.21%, INTU +2.94%, ADI +2.58%, SNPS +2.53%, CDNS +2.42% and CRWD +2.17%.

Bias: Bullish but stretched. The long-term trend structure remains firmly intact — 33 of 40 constituents sit above their 20/50 EMAs — but the cluster of RSI readings >70 across semis and mega-caps flags short-term exhaustion risk. A pullback to reset momentum is the higher-probability path before the next leg. VIX at 17.48 remains benign, not stressed.

Key drivers: rotation from mega-cap tech into semi hardware and enterprise software; AI infrastructure demand continuing to power MRVL, AVGO, AMD, ADI and the foundry/equipment names; no macro catalyst today, but Tesla, Lam Research (22 Apr) and Intel, KLAC (23 Apr) earnings looming this week will dictate the semi complex tone.

TREND ANALYSIS

EMA stack on the index: bullish alignment. Spot (26,560) > EMA20 > EMA50 > EMA200 on the daily timeframe, with EMA20 acting as dynamic support through the April push.

Market structure: sequence of higher highs / higher lows intact. Today's low (26,412) held above the 4-week rising trendline and well above the 21-day EMA zone. No structural break.

Current phase: Trending up, consolidating near highs. The last six sessions have printed a tight ~1.5% range at the top of the advance — textbook flag/bull-pause behaviour. Break above 26,672 (Friday's close) opens 26,800-26,900; a close below 26,400 would open a deeper flush to the 20-day EMA near 26,150.

INDICATOR SIGNALS

RSI(14): Index RSI ~62 — firmly in bull territory but not yet overbought. However, breadth is getting hot: 15 of 40 components are now at RSI >= 70, led by MRVL 85, ADI 78, AMD 76.9, TXN 76.1, AVGO 74.0, AMZN 73.1, MAR 73.2, NVDA 71.6. That kind of breadth in overbought readings historically precedes a 1-3% breather.

MACD: Daily MACD on the index remains above signal, histogram expanding but flattening. 34 of 40 stocks still show MACD > signal — confirming the uptrend is broad. Watch for the histogram to start contracting as an early warning.

Volume: Relative volume across the basket averaged ~0.87x — a soft-volume drift lower, which is typical of orderly consolidation rather than distribution. Notable volume prints: NFLX 1.44x (selling into the decline, bearish), MRVL 1.40x (buying into breakout, bullish), ISRG 1.34x, ADI 1.25x, WDAY 1.22x.

KEY NAS100 INDEX LEVELS

Resistance:
R1: 26,672 — Friday's close and session high zone, first hurdle for continuation
R2: 26,800 — round-number magnet and measured-move target from the current flag
R3: 27,000 — psychological round number and prior rejection zone

Support:
S1: 26,412 — today's session low; first line of defence
S2: 26,200-26,250 — rising 20-day EMA and trend channel base
S3: 26,000 — major round number, volume shelf, and 50-day EMA proximity

Classic pivots (derived from today's OHLC): S2 26,348 · S1 26,465 · Pivot 26,582 · R1 26,700 · R2 26,817

COMPONENT SIGNALS TABLE

Mega-cap Tech
AAPL 273.05 +1.04% Bull (above all) · RSI 66 Strong · MACD bullish · -5.4% from 52wH · Above POC
MSFT 418.07 -1.12% Bull (above 20/50) · RSI 67 Strong · MACD bullish · -24.7% from 52wH · Above POC
NVDA 202.06 +0.19% Bull (above all) · RSI 72 Overbought · MACD bullish · -4.8% from 52wH · Above POC
AMZN 248.28 -0.91% Bull (above all) · RSI 73 Overbought · MACD bullish · -4.0% from 52wH · Above POC
META 670.91 -2.56% Bull (above all) · RSI 63 Strong · MACD bullish · -15.7% from 52wH · Above POC
GOOGL 337.42 -1.25% Bull (above all) · RSI 68 Strong · MACD bullish · -3.3% from 52wH · Above POC

Semiconductors
AVGO 399.63 -1.70% Bull (above all) · RSI 74 Overbought · MACD bullish · -3.6% from 52wH · Above POC
TSLA 392.50 -2.03% Bull (above all) · RSI 56 Neutral · MACD bullish turn · -21.3% from 52wH · Below POC
AMD 274.95 -1.24% Bull (above all) · RSI 77 Overbought · MACD bullish · -4.4% from 52wH · Above POC
QCOM 137.52 +0.97% Bull (above 20/50) · RSI 63 Strong · MACD bullish · -33.2% from 52wH · Above POC
TXN 233.70 +1.69% Bull (above all) · RSI 76 Overbought · MACD bullish · -0.1% from 52wH · Above POC
AMAT 391.62 -1.34% Bull (above all) · RSI 60 Strong · MACD bullish · -3.9% from 52wH · Above POC
MU 448.42 -1.46% Bull (above all) · RSI 60 Strong · MACD bullish · -4.9% from 52wH · Above POC
LRCX 263.16 -1.66% Bull (above all) · RSI 62 Strong · MACD bullish · -3.8% from 52wH · Above POC
KLAC 1805.32 +0.77% Bull (above all) · RSI 70 Overbought · MACD bullish · -0.1% from 52wH · Above POC
ADI 381.05 +2.58% Bull (above all) · RSI 78 Overbought · MACD bullish · -1.1% from 52wH · Above POC
MRVL 147.84 +5.83% Bull (above all) · RSI 85 Overbought · MACD bullish · -1.2% from 52wH · Above POC
SNPS 460.95 +2.53% Bull (above 20/50) · RSI 67 Strong · MACD bullish · -29.3% from 52wH · Above POC
CDNS 318.55 +2.42% Bull (above all) · RSI 66 Strong · MACD bullish · -15.4% from 52wH · Above POC

Software / Cloud / Cyber
ADBE 248.63 +1.71% Mixed / Recovery · RSI 52 Neutral · MACD bullish turn · -41.2% from 52wH · Below POC
CRWD 433.15 +2.17% Bull (above 20/50) · RSI 58 Neutral · MACD bullish · -23.6% from 52wH · Above POC
PANW 169.56 +1.02% Bull (above 20/50) · RSI 56 Neutral · MACD bullish · -24.2% from 52wH · Above POC
FTNT 82.60 +0.93% Bull (above 20/50) · RSI 54 Neutral · MACD bullish turn · -24.5% from 52wH · Above POC
INTU 404.83 +2.94% Mixed / Recovery · RSI 48 Neutral · MACD bullish turn · -50.3% from 52wH · Below POC
WDAY 127.94 +3.32% Mixed / Recovery · RSI 49 Neutral · MACD bullish turn · -53.6% from 52wH · Below POC
CSCO 87.71 +1.69% Bull (above all) · RSI 71 Overbought · MACD bullish · -0.7% from 52wH · Above POC
CEG 287.56 -2.92% Bear (below all) · RSI 46 Neutral · MACD bearish · -30.3% from 52wH · Below POC

Consumer / Internet
NFLX 94.83 -2.55% Bear (below all) · RSI 44 Neutral · MACD rolling over · -29.3% from 52wH · Above POC
BKNG 192.03 +0.01% Bull (above 20/50) · RSI 65 Strong · MACD bullish · -17.8% from 52wH · Above POC
MELI 1870.08 +0.77% Bull (above 20/50) · RSI 61 Strong · MACD bullish · -29.3% from 52wH · Above POC
ABNB 143.59 +1.44% Bull (above all) · RSI 69 Strong · MACD bullish · -0.2% from 52wH · Above POC
MAR 378.72 +0.21% Bull (above all) · RSI 73 Overbought · MACD bullish · -0.2% from 52wH · Above POC
DASH 189.80 +3.21% Bull (above 20/50) · RSI 70 Overbought · MACD bullish · -33.5% from 52wH · Above POC
ORLY 92.83 -0.94% Mixed / Recovery · RSI 51 Neutral · MACD bullish · -14.6% from 52wH · Below POC
COST 997.84 -0.21% Bull (above all) · RSI 51 Neutral · MACD rolling over · -6.5% from 52wH · Above POC
PYPL 51.46 +1.28% Bull (above 20/50) · RSI 71 Overbought · MACD bullish · -35.3% from 52wH · Above POC

Healthcare / Biotech
ISRG 465.60 -0.77% Mixed / Recovery · RSI 48 Neutral · MACD bullish turn · -22.9% from 52wH · Below POC
REGN 749.70 -0.12% Bear (below 20/50) · RSI 47 Neutral · MACD bearish · -8.7% from 52wH · Below POC

Industrial / Telecom
LIN 498.15 +1.20% Bull (above all) · RSI 53 Neutral · MACD rolling over · -2.5% from 52wH · Above POC
TMUS 198.36 +0.35% Bear (below all) · RSI 44 Neutral · MACD bearish · -25.3% from 52wH · Below POC

SECTOR SNAPSHOT

Mega-cap Tech: BULLISH structurally, CAUTIOUS tactically. All six names still above all EMAs (MSFT above 20/50 only). Today's tape showed distribution in META/AMZN/TSLA. Wait for consolidation to finish before adding.

Semiconductors: DOMINANT LEADERSHIP. 12 of 12 names above their 20/50 EMAs; 10 of 12 above all three EMAs. MRVL, ADI, TXN, KLAC, AMD all at or within 5% of 52-week highs. Sector is hot — tactical pullbacks are for buying, breakout chases are not.

Software / Cloud / Cyber: IMPROVING. ADBE, INTU, WDAY still recovering (below EMA200) but showing bullish MACD turns on volume. CRWD/PANW/FTNT in steady uptrends. CEG is the standout bear — avoid long exposure.

Consumer / Internet: MIXED. Travel/hospitality strong (ABNB, MAR, BKNG, MELI). DASH breakout continuing. NFLX is the clear weak link — below all EMAs, MACD rolling over.

Healthcare / Biotech: LAGGING. REGN and ISRG both below EMA20/50, bearish MACD, no recovery signal yet.

Industrial / Telecom: Divergent — LIN strong, TMUS weak.

TOP SWING TRADE SETUPS

1. AMD — Pullback-to-support long inside established uptrend
Above all EMAs, RSI 77 overbought, MACD expanding bullish. Prefer buying a dip rather than chasing.
Entry: 268-272 (retest of pivot and prior breakout shelf) · Stop: 258 (below classic S2 and recent swing low) · T1: 284 (R1) · T2: 296 · R:R: 1:1.1-1.6
Why: semi-sector leadership, AI demand narrative, EMA50 rising at 223.84 well below price, strong MACD confluence. POC at 217.65 confirms wide base.

2. AVGO — Bull-flag continuation long
Tight 10-point pullback from 52-week high 414.61. EMA stack bullish, RSI 74 hot but not divergent.
Entry: 398-401 (reclaim of pivot 400.65) · Stop: 389 (below classic S2 and cam S4) · T1: 411 (R2) · T2: 416 (R3 / new ATH) · R:R: 1:1.1-1.5
Why: trend-leader, prior-day R3 clustered with 52wH provides clear momentum trigger. MACD 20.52/12.23 well-spaced.

3. MRVL — Breakout-and-retest long only
Closed at the exact 52-week high 149.58 on strong RV 1.40x. RSI 85 is extreme — do NOT chase; wait.
Entry: 143-145 (first pullback to cam S3-S4 zone and pivot) · Stop: 138 (below classic S3) · T1: 156 (R3) · T2: 168 · R:R: 1:1.3-2.0
Why: fresh 52wH with volume, MACD 13.66/10.66. Trend is as strong as it gets, but RSI 85 demands a price reset before new long risk.

4. META — Mean-reversion long into key support
Today's -2.56% put META just above EMA20 (631) and EMA200 (651). This is the textbook reload zone.
Entry: 662-668 (cam S4 to today's low zone) · Stop: 649 (below classic S3 and EMA200 cluster) · T1: 680 (R1) · T2: 695 (R3) · R:R: 1:1.1-2.1
Why: structurally bullish, MACD still positive, price held above both EMA20 and EMA200. Distribution day creates the opportunity.

5. ADI — Parabolic caution — tight-stop momentum long
At 99% of 52-week high, RSI 78, RV 1.25x. Very strong but extended.
Entry: 378-381 on consolidation above pivot 378.74 · Stop: 372 (below classic S1) · T1: 388 (R1) · T2: 395 (R2) · R:R: 1:0.9-1.8
Why: trend, MACD and volume all confirm, but tight stop required given RSI 78. Small size only.

INTRADAY SETUPS

Pivot Bounce — AAPL (long bias)
AAPL closed 273.05, right between S1 (270.80) and R1 (274.79) in a bullish EMA stack.
Long bias: buy bounce off pivot 272.77 or S1 270.80, stop 269.50, target R1 274.79 then R2 276.71. Confluence: above all EMAs, RSI 66, MACD bullish.

Camarilla Range — NVDA
NVDA pinned between Cam S1 (201.66) and Cam R2 (202.85) — tightest range of the session.
Plan: fade Cam R3 203.25 back to pivot 200.69; long Cam S3 200.87 back to Cam R1 202.46. Break of Cam R4 204.44 = trend-day long toward 52wH 212.19.

Pivot Bounce — GOOGL (long bias)
GOOGL closed 337.42 above pivot 337.63 retest zone. Bull above all EMAs.
Plan: buy 335.55 S1 or 337 pivot reclaim; stop 333.70 (classic S2); T1 340.34 (R1); T2 342.40. RSI 68, MACD 9.38/4.68.

Camarilla Breakout — MRVL
Closed at Cam R4 edge. Break above Cam R4 (150.95) on volume signals trend-day continuation to 52wH projection.
Plan: long break 151.00, stop 147.30 (back inside range), T1 156 (classic R3), T2 161. Short-setup only if price loses Cam S4 (144.73).

Pivot Bounce — TXN (long bias)
TXN at 233.70, just below pivot 233.12. Above all EMAs, RSI 76, MACD 7.58/3.89.
Plan: long 232.30-233.00 (pivot reclaim), stop 230.20 (S1), T1 235.11 (R1), T2 237.00 (R2). Break above 234 = new 52wH and trend-day continuation toward 237-240.

KEY LEVELS DASHBOARD — TOP 5 TRADEABLE

MRVL — Close 147.84
Cam: S4 144.73 · S3 146.29 · S1 147.32 || R1 148.36 · R3 149.39 · R4 150.95
Classic: S3 139.00 · S2 141.47 · S1 144.65 · P 147.12 · R1 150.30 · R2 152.77 · R3 155.95
EMAs: 20 118.52 · 50 102.71 · 200 87.67
POC 97.46 · Prev Day H/L 149.58 / 143.93 · 52w 48.09 / 149.58

AMD — Close 274.95
Cam: S4 266.36 · S3 270.66 · S1 273.52 || R1 276.38 · R3 279.24 · R4 283.54
Classic: S3 253.15 · S2 262.58 · S1 268.76 · P 278.19 · R1 284.37 · R2 293.80 · R3 299.98
EMAs: 20 238.99 · 50 223.84 · 200 200.58
POC 217.65 · Prev Day H/L 287.61 / 272.00 · 52w 83.75 / 287.61

AVGO — Close 399.63
Cam: S4 393.84 · S3 396.74 · S1 398.67 || R1 400.59 · R3 402.52 · R4 405.42
Classic: S3 384.36 · S2 390.13 · S1 394.88 · P 400.65 · R1 405.40 · R2 411.17 · R3 415.92
EMAs: 20 358.81 · 50 343.04 · 200 320.36
POC 331.70 · Prev Day H/L 406.42 / 395.90 · 52w 161.61 / 414.61

NVDA — Close 202.06
Cam: S4 199.68 · S3 200.87 · S1 201.66 || R1 202.46 · R3 203.25 · R4 204.44
Classic: S3 194.88 · S2 196.36 · S1 199.21 · P 200.69 · R1 203.54 · R2 205.02 · R3 207.87
EMAs: 20 187.87 · 50 184.57 · 200 175.52
POC 183.67 · Prev Day H/L 202.17 / 197.84 · 52w 95.04 / 212.19

META — Close 670.91
Cam: S4 662.45 · S3 666.68 · S1 669.50 || R1 672.32 · R3 675.14 · R4 679.37
Classic: S3 649.43 · S2 658.72 · S1 664.81 · P 674.10 · R1 680.19 · R2 689.48 · R3 695.57
EMAs: 20 631.22 · 50 630.26 · 200 650.65
POC 638.14 · Prev Day H/L 683.38 / 668.00 · 52w 479.80 / 796.25

BEARISH WARNINGS

CEG 287.56 (-2.92%) — Below all three EMAs, MACD bearish (-2.25/-3.91), RSI 46. -30.3% from 52wH. Sellers firmly in control. Avoid longs until price reclaims EMA20 at 291.88.

NFLX 94.83 (-2.55%) — Below all three EMAs (EMA200 99.23), MACD rolling over, RV 1.44x on the decline = distribution. -29.3% from 52wH. Consider short setups on rips into 98-99 with stop above 100.

TMUS 198.36 — Below all three EMAs, MACD firmly bearish (-4.19/-3.98), RSI 44. Clean down-trend, no reversal signal. Avoid.

REGN 749.70 — Below EMA20/50, MACD bearish, RSI 47. Still above EMA200 at 714.64 which is the make-or-break line. Below there opens 700 psychological.

RSI Overbought Cluster — 15 stocks with RSI >= 70. Mechanical risk-off triggers: MRVL 85, ADI 78, AMD 77, TXN 76, AVGO 74, MAR 73, AMZN 73, NVDA 72, CSCO 71, PYPL 71, KLAC 70, DASH 70, ABNB 69. Be very selective adding new longs in this group.

EVENTS CALENDAR — THIS WEEK

Tuesday 21 Apr: NFLX conference call (already reported); AT&T (T) Q1 earnings after close. Broad market: no tier-1 US macro release.

Wednesday 22 Apr: TSLA Q1 earnings after close. LRCX earnings after close. Expect wider session ranges across semis on LRCX guide; TSLA guide will shift the entire EV / growth-tech complex.

Thursday 23 Apr: KLAC earnings after close. Intel (INTC) earnings after close. Additional volatility setup in foundry/equipment names — watch MU, AMAT, LRCX.

Friday 24 Apr: Quiet session expected; watch for pre-FOMC positioning flow.

Looking ahead: FOMC meeting 28-29 April 2026 (statement 14:00 ET, press conference 14:30 ET on 29 Apr) is the next major macro catalyst. Expect compressed volatility into Monday, with VIX potentially drifting toward 15-16 before release.

Report generated: 20 April 2026 22:00 GMT · Not financial advice. Always DYOR. Capital at risk.

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