Markets were a mess today: choppy, range-bound, and tough to predict. Headlines gave us little actionable info, so I focused on levels and catalysts that might matter as we look ahead. Here are five setups for tomorrow—these are ideas, not recommendations. Trade what you see, use stops, and keep risk in check.
Retail Sales (Wed): This month-over-month number could set a tone for the session.
Fed Chair Powell: His speech at 1:30 ET could send a jolt through all asset classes.
Earnings: Select names had catalysts, but the broad market has been flat.
Short Setup: $107.50 if sellers defend this resistance.
Long Setup: $103.50 if selling is absorbed and the level holds.
NVDA has news headwinds as chip sales face more restrictions. If buyers step in near $103.50, a quick bounce is in play. On the upside, sellers crowd every move into $107.50–$110, so watch for rejection.
Support: $96 (key bid to monitor)
Resistance: $99 and psychological $100
PLTR ripped on a new NATO contract. If $96 holds, look for dip buys and scale profits at $97.50, $98.50, and $99. Big sellers live at $99–$100, so be quick to take profits if we get a breakout.
Long Setup: $250 if trend holds and buyers show up.
Resistance/Pivot: $255, $258, major wall at $260
Tesla coiled up between $250 and $260. If $250 holds, longs can look for a move to $255 or $258, but expect a fight at $260. A failure at $250 could send it right back down.
Support: $200
Resistance: $203.50–$204, then $205.50–$206
Apple is super sensitive to U.S.-China headlines. Below $200, expect a quick slide to $196. If buyers step in, $203.50–$204 is the first big sell zone; clearing that could push to $206.
Short Setup: $156 (on a rejection), $153 is key level to break.
Support: $151–$150
China halted Boeing deliveries, so news flow is negative. If $153 doesn't hold, look for further downside. Shorts can focus on break/retest setups at $156 and $153, aiming for $151–$150 targets.
This market keeps chopping around, and at some point it’s going to break — so watch those key levels and stay flexible. As always, let price action dictate your trades. If you take a shot, make sure you use stops and size properly.
Check back tomorrow for more setups, and good luck out there!