ES reclaimed 5083 next 5096/99

yep mLa127 - the monthly chart has been giving warning signs for AAPL

First off there's some support here, but if lost strongly, the next major demand zone is 123 - low 140's. Also watch the trendline on the 14 RSI as a support/trigger

Next because AAPL has had such a big percentage move over the years, in order to be able to draw an uptrend line, a logarithmic chart is required, see the second image of the monthly Log chart - note how on the log chart you can draw an uptrend line from the 2009 lows, that trendline comes in around the mid 140's. 

Note how you cannot draw the same trendline on the linear chart- this is a good example of when Log charts are useful- most of the time it doesn't matter if you are looking at daily charts but when you zoom out enough years the percentage moves gets too large that you need a log chart to draw proper trendlines

I still get the question every once in a while about linear vs log charts, this is good example of that

https://investor.tsmc.com/english/financial-calendar

Apple Monthly ... 

rbreese when is the earnings date for TSM? I don't see it listed in the earnings calendar from the newsletter

https://hosting.briefing.com/cschwab/Calendars/EarningsCalendar5Weeks.htm 

congrats, like I said yesterday HUT was at a support level, but beyond that there was no real trading pattern besides being oversold and in a support zone. So remains to be seen if this is just a bounce trade or if you caught a major low - regardless how you manage the trade will depend on your trading style and goals, your plan, and risk tolerance

CLSK for example is up 6%, MSTR is up 3%

HUT up 5% today

Oil is getting sold hard today ... Oil related stocks holding up well considering crude is down almost 3% 

QCOM - Chart Link - tagged it's 50 day MA

I guess no one is excited about TSM earnings. 

Yeah baby, there's a winner for me. 

ROOT--xmas tree formation in progress

BDTX--just about at 52 week hi

ES resistance zone 5075/82

$DJT over $27.45 game on, volume coming in ...   FWIW

Is HUT finally moving

VSCO went short yesterday and it is playing out, but I don't really have a particular target. The Oct 2023 lows area?

QQQ - Chart Link

QQQ filled the gap beautifully.

$SPX - Chart Link