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The Nasdaq is forming a pattern suggesting a potential breakout, with strong buying signals and limited resistance above. There’s a chance we could see a significant move in the coming days.

The Dow is moving within a broad channel and has recently faced resistance. Watch for possible shifts if key levels are tested.

Netflix has shown unusual volatility and may be set for a notable move, either up or down, depending on its next steps.

Check out the charts below for detailed insights.

Let’s dive into the charts! 

* MARKET INTEL *

Nasdaq 100

Nasdaq is trading in a symmetrical triangle primed for a breakout to the upside with large buying wicks in strong demand and only a small supply zone above.

We could even see it reclaim the large gap this week.

* DJI *

Dow Jones Industrial

The Dow is in a broadening channel to the upside, violently rejecting a small supply zone.

If the 405 level doesn't hold, we might expect a drop at the 402 level or the bottom trend line.

* NFLX *

Netflix

Netflix has traded in a bizarre and highly volatile channel this week, potentially ready for a final bounce into the supply zone above, before reaching for liquidity below.

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* MARKET INSIGHTS *

Economic Vibe

Movers & Shakers

• 3M Co (MMM) +22.991%

• Mohawk Industries (MHK) +19.487%

• Dexcom Inc (DXCM) -40.658%

 HEADLINES *

Top Reads

• 2 Artificial Intelligence (AI) Stocks That Could Be Worth More Than Apple 5 Years From Now (Yahoo Finance)

• Will Nvidia Stock Crash? 2 Reasons to Sell and 1 to Buy (Yahoo Finance)

• Dow Jones Futures Rise; Fed Pivot, Tech Giants' AI Comments Loom (Investors.com)

• Fed’s next moves could seal the fate of tech stocks and small-caps (Market Watch)

• Oil prices rise on fears of wider Middle East conflict after rocket strike in Golan Heights (Reuters.com)

• Tech giants lead a big earnings week as markets grow cautious. Analysts say this one is a ‘more stable’ AI play. (Market Watch)

• How Tesla Stock Performs After Big Drops, and Two Things to Watch Monday (Barrons)

• JGB Futures Edge Higher, Supported by Gains in U.S. Treasurys (WSJ)

* IDEA *

Spotting Trends

KEY POINTS

• Look for uptrends (higher highs/lows), downtrends (lower highs/lows), or sideways movements.

• Connect lows in uptrends or highs in downtrends to spot potential breaks.

• Look for consistent higher highs/lows (uptrend) or lower highs/lows (downtrend).

• Apply moving averages and RSI for trend confirmation.

• Confirm trends and gauge strength with trading volume.

* WISDOM BYTES *

Start Small

Begin your journey from your current position, no matter how limited it may seem.

Leverage the resources and skills you currently possess, making the most out of what’s available to you.

Take actionable steps with the resources and knowledge you have, focusing on what is feasible in your situation.

Progress is made by starting with small, achievable actions and building from there.

* DAILY DOSE *

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