Cloud Chart Trader

Monday, 14 April 2025

$CRWD Hitting Cloud Chart resistance at the bottom end of the Cloud! Critical week ahead for a breakout above this resistance zone!

$CRWD Hitting Cloud Chart resistance at the bottom end of the Cloud! Critical week ahead for a breakout above this resistance zone! The rebound rally from 300 Cloud Chart support zone is now fighting a major resistance zone at the front end Cloud Chart resistance zone! Watching closely for a breakout here! If resistance holds here we can head back down to test support at the bottom end of the front end of the Cloud.

$QQQ So far so good! Artificial Intelligence AI generated two Major Reversal signals last week and the trades are still going strong!

$QQQ So far so good! Artificial Intelligence AI generated two Major Reversal signals last week and the trades are still going strong! Trailing stop-loss: 381, with upside resistance targets the three major moving averages as the next resistance zones to be tested between:461/472/480/484! Price action still well below key LT moving averages so market not out the woods yet! Escalating Tariff Trade War could derail the rebound relief rally!

$SPY Rebound rally keeping the momentum going after the Major Reversal AI generated buy signal!

$SPY Rebound rally keeping the momentum going after the Major Reversal AI generated buy signal! Trailing Vol adjusted stop-loss is at 465! Upside targets the 3 key moving averages as the next major resistance zones to test: 544/555 to 565!

$NVDA NVIDIA Rebound rally still going strong after the Volatility AI generated buy signal!

$NVDA NVIDIA Rebound rally still going strong after the Volatility AI generated buy signal! Trailing stop-loss is now 96, with upside targets the moving averages as potential resistance zones to be tested: 109/113/118!

AAPL: Great rebound from FIb levels and Cloud Chart support zones! Next resistance bottom end of the Cloud!

AAPL: Great rebound from FIB levels and Cloud Chart support zones! Next resistance bottom end of the Cloud!

AAPl rebounded from a critical moving averages as well as a cluster of Cloud Chart support zones! The 61.8 Fib level also came back to support AAPL!

🍏 AAPL Ichimoku Cloud Analysis (Daily – April 10, 2025)

🧭 Overall Market Context:

Apple Inc. (AAPL) appears to be in a corrective rebound following a sharp sell-off from earlier 2025. While short-term momentum is attempting to shift upward, the overall Ichimoku structure remains bearish, with price still below the cloud and multiple resistance levels ahead.

📊 Key Ichimoku Elements:

☁️ Kumo (Cloud):

Current status: Bearish – Senkou Span A is below Senkou Span B.
Future cloud: Projected as flat and wide, with the cloud acting as strong resistance between ~$210 and ~$225.
Price remains below the cloud, signaling a bearish bias.

🔴 Tenkan-sen (Conversion Line):

The Tenkan-sen is now curving upward, showing short-term bullish momentum.
It may soon cross above the Kijun-sen, which would form a weak bullish signal if it happens below the cloud.

🔵 Kijun-sen (Base Line):

Slightly flat, suggesting a pause or consolidation.
Price attempting to reclaim the Kijun-sen around $198, which is a key short-term resistance.

🟠 Chikou Span (Lagging Line):

The Chikou Span is well below the price and cloud, confirming that the current structure is still bearish from a momentum and confirmation standpoint.

⚠️ Recent Signals:

✅ Short-Term Buy Signal (Weak):
- Price bouncing off major support (~$170) and attempting to climb back above moving averages.
- Potential Tenkan-Kijun cross forming, which would suggest momentum shift.
❌ Major Bearish Confirmation Still in Place:
- Price is well below the cloud.
- Chikou Span is not confirming any uptrend yet.
- Future Kumo is projecting continued resistance through May 2025.

🔍 Key Levels to Watch:

Resistance:
- $198 (current price zone and Kijun-sen)
- $210–$225 (Kumo resistance zone)
- $240+ (prior high)
Support:
- $170 (recent low and strong support rebound zone)
- $160 (long-term structural support)

🧠 Conclusion:

Apple is showing signs of short-term recovery, but the broader Ichimoku structure remains bearish. Traders should treat current strength with caution, as the price is still well below the cloud, and no full bullish confirmation is in place yet.

A break and close above the cloud with a Tenkan-Kijun cross and rising Chikou Span would be needed to flip to a bullish trend. Until then, any rallies into resistance should be viewed as potential selling opportunities in a downtrend.