What Meet Kevin said in this video:
- DIAbearishshort-termThe Dow's bounce is a low-volume weak rebound; below the 42600 neckline it stays in a downtrend, so rallies toward 42600 are exit opportunities, and a wave-3 decline would break 41700.Source
- SPYbearishshort-termThe S&P 500 formed a head-and-shoulders top; below 5870 resistance it is only a weak bounce, with a 30-minute top divergence, and a break of 5790 opens 5750 or even 5700.Source
- QQQbearishshort-termThe Nasdaq 100 failed at 20300 resistance, shows no daily bottom divergence and a 1-hour MACD death cross; losing 19800 support likely starts a wave-3 decline below 19600.Source
- TSLAbearishshort-termTesla's Q3 deliveries were driven by price cuts, pressuring margins, and robotaxi expectations were reset lower, so earnings blow-up risk is high; avoid positioning before the report, with support at 200 then 185-190.Source
- NVDAbearishshort-termNVIDIA hit new highs but MACD did not, showing daily and 4-hour top divergence with shrinking volume, warning of a sharp near-term pullback; he advises trimming into strength above 140, with support at 135 then 130.Source
- Otherpositive for stockslong-termLong term, gold remains in a super bull market, supported by global de-dollarization, geopolitical conflict, and continued central bank buying.Source
- Otherneutralshort-termShort term, gold's RSI is severely overbought with a 4-hour top divergence, so a technical pullback could come anytime; do not chase at 2740 and wait to buy a stabilization near 2680 or 2650.Source