Stock Markets Analysis Predictions & Forecast

Apple continues its bullish breakout above $260, with traders eyeing potential pullbacks to $250 or $240 as buy-the-dip opportunities ahead of earnings.

The Nasdaq 100 recovered from an early drop on Tuesday, holding support at 25,000 as bullish sentiment and tech stock strength continue to drive momentum.

The Nasdaq 100 remains highly volatile near record highs, with bullish momentum showing little concern for ongoing government shutdown risks.

The S&P 500 continues its upward momentum near record territory, shrugging off government shutdown fears as traders test resistance around 6,750.

Nvidia is attempting to stabilize after recent weakness, with traders watching for a breakout above $185 to confirm renewed bullish momentum.

The NASDAQ 100 continues to face strong resistance at the 25,000 level, with market momentum hinging on the performance of the Magnificent 7 tech stocks.

Meta Platforms is showing signs of strength at a key technical support zone, and a break above $735 could trigger a rally back toward the $800 resistance level.

Tesla shares advanced on Wednesday as traders position ahead of next week’s earnings, with strong support near $400 and potential for a breakout above $480.

The NASDAQ 100 bounced back on Tuesday after early selling, holding key support above the 50-day EMA and staying within its upward channel near the 25,000 level.

Amazon is poised to open near the key $215 support zone, offering a possible bounce opportunity as broader market sentiment and US-China trade tensions weigh.

Over the weekend, we have seen tensions between the United States and China ease a bit, and that has helped many stocks around New York recover, including Tesla. Tesla got eviscerated on Friday, dropping from $440 down to $414 rather quickly. This of course has a lot to do with the exposure of Tesla in China, and the idea that perhaps some of those rare earth minerals that were being debated could come to haunt Tesla as it needs many of them for the chips that the cars use.

Tesla eased lower on Thursday in a quiet, sideways session, with markets consolidating ahead of its upcoming October 22 earnings call and key resistance levels in play.

The NASDAQ 100 pulled back to test the 25,000 level, a key psychological support, with traders eyeing potential dip-buying opportunities amid continued bullish sentiment.

The German DAX rally during the trading session on Wednesday, breaking above the €24,500 level. By doing so, the market is likely to continue to see a lot of momentum in this market, and the fact that the candlestick is bigger than the previous ones, and the fact that we had a gap previously, it suggests that we are in fact starting to see some momentum enter this market. With this being the case, any short-term pullback probably attract a certain amount of attention as the uptrend is starting to continue, and it looks like we are trying to break out of a bigger consolidation area.

Meta gapped lower to kick off the trading session on Monday, as we threatened to test the $685 level. The $685 level is, of course, an area that’s been important multiple times, and now it’s starting to attract the 200 Day EMA indicator. The 200 Day EMA typically will determine the longer-term trend. I think you have a situation where traders are likely to turn around and are going to continue to see plenty of value in this region, as we try to continue the overall uptrend.