Five Setups to Watch After Positive Catalysts Fizzle

Markets had a positive news backdrop, but bullish catalysts were quickly rejected, and technical levels drove most price action. While earnings and tariff headlines dominate the narrative, many stocks remain in defined ranges. Here’s my top five setups heading into tomorrow. Remember: these are ideas, not recommendations. Manage risk and stick to your plan.

Market Rundown: Catalysts & Indecision

• Earnings in Focus: Big names like Johnson & Johnson, Bank of America, Interactive Brokers, and United Airlines all report tomorrow. Volatility could accelerate around these releases.

• Tariffs & Macro: A pause on most semiconductor tariffs except those on China caused a brief rally, but price remains stuck at resistance.

• Technical Picture: Market moved up on news but failed to clear key levels. Bulls need more than headlines; sellers are stepping in fast at resistance, especially in tech.

$NVDA ( ▼ 2.92% ) (Nvidia): Leaning Short Back Toward Support

• Resistance: $111.50

• Support: $109

Plan:
NVDA gapped up but failed above $115, now sitting near $109. If the $111.50 area rejects again, look for shorts targeting a move back toward $109. Only get long if price holds a true breakout above resistance—otherwise, momentum favors sellers.

$BULL ( ▼ 6.11% ) (Webull): IPO Hype—Decision Zone

• Decision Level: $54-55

• Range: $44 – $80

Plan:
BULL, just IPO’d, is highly volatile. Watch $54-$55: if this area holds on volume, a run at recent highs ($80) is in play. If it loses $54, momentum traders may unload and the stock could fall quickly toward $44. Play it tight—risk is high.

$TSLA ( ▼ 3.34% ) (Tesla): Watching 248 for Trend Support

• Resistance: $260

• Key Pivot: $248

• Support: $244, $240

Plan:
TSLA shows higher lows but still can’t clear $260. Lean long near $248 if that trend holds, with a tight stop. If $248 fails, expect a fast move to $244 and then possibly $240. TSLA trades emotional—size accordingly and respect your stops.

$UAL ( ▲ 1.11% ) (United Airlines): Pre-Earnings Run Possible

• Resistance: $66

• Stop Zone: $65.40-$65.50

Plan:
With earnings due tomorrow, UAL could see a pre-earnings pop above $66. Look for strength and conviction above this level. If it fails, stop out quickly below $65.40. The setup is only valid early in the session—a failed breakout could turn into a quick reversal.

$TQQQ ( ▼ 0.53% ) : Rangebound Until $50 Breaks

• Short Trigger: $50

• Support: $49, then $48.80

Plan:
TQQQ mirrors big tech and overall Nasdaq volatility. Focus on the $50 level: a failure here opens the door for a short trade, targeting the $49-$48.80 zone. If support holds, the range can be played long, but resistance remains thick. Major intraday moves have shown up around 11 AM ET—watch that window for a trend decision.

Bottom Line

Markets want more than just headlines—they need breakout followthrough. Volatility remains high, with technical levels in control. Stay nimble, commit only when setups confirm, and let price (not news) dictate your entries and exits.