Category Archives: Up-Thrust

Nvidia … Fails & Falls

March 28, 2026 By in Artificial Intelligence, Bonds, Ed Dowd, Interest Rates, NVDA, Semiconductors, TLT, Up-Thrust 1 Comment

One Reversal, After Another

‘The press refuses to report the facts’.

Before we get to Nvidia, let’s start with that nugget, just out, at this link (Time Stamp: 3:40).

How about another one.

‘Iran’s going to win this war’ (Time Stamp: 8:00).

Ok, one more, then the chart.

‘The bond market’s just getting killed’ (Time Stamp: 9:05).

Interest rates higher, not lower, has been a strategic premise on this site, for years (not advice, not a recommendation).

Supporting that statement, links here, here, here and here, all the way back to 2023 (at least).

As always, price action itself, will let us know if an upside reversal is at hand.

Now, on to Nvidia.

Nvidia NVDA, Daily

Price action has successively attempted to push above resistance levels, then printed an ‘up-thrust’, and reversed.

Nvidia finished the week, closing at 167.52, with support (closes) at 167.02 -167.03, printed on 9/5/25 and 7/22/25, respectively.

‘Normal’ market behavior is a bounce off support to test underside resistance … the key word being ‘normal’ (not advice, not a recommendation).

Lastly, here’s the latest from Ed Dowd, concerning Nvidia, link here, (Time Stamp: 24:48).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX Top, Gap-Fill

March 25, 2026 By in Artificial Intelligence, Semiconductors, SOXX, SOXX-26-01, Spring-to-Up-Thrust, Up-Thrust 1 Comment

Checklist Complete?

The SOXX closed above resistance, discussed in previous updates, here, here, and here.

This is The Danger Point®, where we have an instability.

Price action needs to decide if that was it for the upside or if somehow, we’re on to new all-time highs (not advice, not a recommendation).

As the chart shows, today was Day 21 from the February 25th, all-time high.

Semiconductors SOXX, Daily

We have the following technical conditions:

Penetration above established resistance levels.

Fibonacci 21-Days, from all-time highs.

Fibonacci 13-Days, from the March 9th low.

Fibonacci 61.8% retrace on print basis and 50% retrace on close basis.

With that said, SOXX sold short; trade SOXX-26-01, stop at today’s high (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Tomfoolery, Between Sessions

March 24, 2026 By in Artificial Intelligence, Genesis 41, Semiconductors, SOXX, Up-Thrust 1 Comment

Navigating Through The Fray

First, it was Monday’s pre-market spike on (so-called) news of on-going ‘negotiations‘, which the other side says, didn’t happen.

Then, today, just after the close we have another spike on reports of a ceasefire.

While we’re at it, let’s add this into the mix, link here.

That last datapoint and maybe more like it to come, could be the real problem on a go-forward basis (not advice, not a recommendation).

With all that said, the ‘spikes’ are helping to inch the SOXX higher. Tomorrow is Day 21, from all-time highs.

Semiconductors SOXX, Daily

We’re posting a segment of price action to show after-hours trading is higher, very near the blue resistance line.

A significant print above that line at the next session, would put the SOXX in up-thrust (potential reversal) position (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX, in a ‘Coil’

March 23, 2026 By in Artificial Intelligence, Semiconductors, SOXX, Up-Thrust 1 Comment

Last Gasp, Gap Fill?

It’s not unrealistic to say, there’s a struggle going on in the SOXX.

The last update showed the potential failure of gap-close attempts, link here.

Today’s action so far, looks like another battle to post into that area (not advice, not a recommendation).

The level to watch, is from March 11th, at 342.09.

A close significantly above, puts the SOXX, in up-thrust (potential reversal) position.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Corning … Target Update

March 16, 2026 By in GLW, GLW-26-06, Up-Thrust

Push to 50%?

The last update had a stop level at 133.24, for short position GLW-26-06.

Once that level was penetrated, the trade was not exited immediately but monitored for a more advantageous (better priced) level.

When it became obvious GLW was likely to close higher for the day (which it did), the trade was covered at 132.984, slightly below the stop level.

Now, we’re on the sidelines watching to see if there’s a reversal at this point or if price action makes it to 50%, and another possible up-thrust (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Spotify Reversal at Target

March 11, 2026 By in SPOT, SPOT-26-01, Up-Thrust

With Fibonacci Sequence

The last update on SPOT, identified the retrace targets for a potential reversal, link here.

Price action hit 38%, then printed an up thrust, then a reversal (not advice, not a recommendation).

In an almost surreal situation, SPOT has declined 48% on the first leg down, retraced in Fibonacci 21-Days (not shown), all the while, short interest remains muted at just over 3%, listed here.

Where are the bears?

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Netflix in a Struggle

March 10, 2026 By in NFLX, NFLX-26-01, Spring-to-Up-Thrust, Up-Thrust, ZeroHedge

Last Gasp?

Netflix has been grinding at resistance for over a week with no apparent headway.

With stories like this, all the ‘good’ news may already be out (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

CrowdStrike at Resistance

March 5, 2026 By in CRWD, Software, Up-Thrust, Wyckoff 2 Comments

They Sell … Wall Street Buys

The earnings release tells an interesting story, link here.

After all’s said-and-done, CRWD still has a negative P/E.

Analysists are optimistic, while the insiders sell millions-worth (not advice, not a recommendation).

A push above resistance (blue line), puts CRWD in Wyckoff Up-Thrust position.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Nvidia Breakdown

February 26, 2026 By in Artificial Intelligence, NVDA, Ox Talks, Semiconductors, Up-Thrust

Is This It?

Is the A.I. story, over?

As Ox Talks says here, the never-ending, upward move on any kind of news, may finally be at an end (not advice, not a recommendation).

Looking at the chart, we see after all-time highs, price action drifted sideways for months.

The deep retrace before the false breakout, gave a clue that supply was building.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

When The Set-Up, Fails

February 23, 2026 By in Airlines, DAL, DAL-26-03, Dr. Elder, LUV, LUV-26-01, Spring-to-Up-Thrust, Transportation, UAL, UAL-26-01, Up-Thrust

One Side, is Exhausted

Today was the day when the airline sector was supposed to resume its uptrend into a (possible) new high.

Early in the session, that move has failed (not advice, not a recommendation).

Instead of moving higher, price action printed a new daily low.

As Dr. Elder said years ago in ‘Come Into My Trading Room‘, when a set-up fails, at times, it’s best to exit (if positioned) and re-enter in the opposite direction.

Airlines Sector, Daily

Last Friday’s action was a reversal bar with a higher close. The inference was for continuation to the upside.

As the arrow notes, that move has failed.

The benefit, is a well-defined stop (if short); that is, today’s session high (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279