Dow Jones.
Dow Transports.Update.
Both bourses now have topped as predicted. https://t.co/2SDC47inem pic.twitter.com/7WGbtFDYUT
— The Great Martis (@great_martis) December 16, 2024
We're right on schedule. https://t.co/xITixdaapR
— Financelot (@FinanceLancelot) December 16, 2024
$NVDA is looking quite precarious here ⚠️
1: Death cross confirmed ☠️
2: Firm rejection at 50-day SMA 📉
3: MACD histogram showing more negative momentum 📊
4: Head and shoulders pattern confirming 🙎♂️
Puts an initial downside target of around $116.29, with lower areas of… pic.twitter.com/1OoOXskUwW
— Markets & Mayhem (@Mayhem4Markets) December 16, 2024
Nvidia
Update
How we lookin?
It's a process, let it process. https://t.co/6xu7l3S2bx pic.twitter.com/J8iRmhwYgm
— The Great Martis (@great_martis) December 16, 2024
⚠️US LABOR MARKET DATA IS FLASHING RED⚠️
The employment-population ratio measures how efficiently US economy provides jobs for people FELL to 59.8 in November, the lowest in nearly 3 Years.
A declining ratio means the share of employed people in the US is dropping.
Concerning. pic.twitter.com/MI3C0142IR
— Global Markets Investor (@GlobalMktObserv) December 16, 2024
The NYSE Composite closed below the 50 dma today.
New lows are the highest since August, second highest of the year.
There's never been a meltdown from all time highs at the end of December. Next week will be the lowest liquidity of the year. So, should be interesting. pic.twitter.com/0uTfAqKYxw
— Mac10 (@SuburbanDrone) December 17, 2024