Cloud Chart Trader

Monday, 5 May 2025

$QQQ Rebound rally hitting targets! Artificial Intelligence AI generated two Major Reversal signals last month (+18/+11%) as indicated at that time, and the trades have now reached the EMA resistance zones as well as the upside targets!

$QQQ $QQQ Rebound rally hitting targets! Artificial Intelligence AI generated two Major Reversal signals last month (+18/+11%) as indicated at that time, and the trades have now reached the EMA resistance zones as well as the upside targets as identified previously:461/472/480/484! Consolidation risk remain high here at these critical EMA resistance zones! Downside risk remain high if the QQQ fails to break past the resistance zones!

Berkshire's 2025 annual shareholder meeting: Watch the full morning session

Xetra Dax Index Rebound rally up +25% since rebounding from top end Cloud Chart support zone! Now digging back into old resistance zone!

Xetra Dax Index Rebound rally up +25% since rebounding from top end Cloud Chart support zone! Now digging back into old resistance zone! Need a breakout past old high. If resistance holds the Dax can head back down to test for support at the top end of the front end of the cloud!

SPY: S&P500 Index rebound rally getting closer to critical Cloud Chart resistance zones at the bottom end of the daily Cloud.

Getting closer to key Cloud Chart resistance zone after a strong rebound rally from key Cloud Chart support zones!

The daily Cloud Chart of the index had a strong rebound in April from critical support zones and is now getting closer to the bottom end Cloud Chart resistance zone! Critical week ahead to break past this zone!

Downside risk : a reversal if this resistance zone holds with the top end of the front end of the Cloud as a possible new support zone! Index is up by more than 15% since the Cloud Chart support rebound buy signal!

Nasdaq Composite Index (.IXIC) Getting closer to key Cloud Chart resistance zone after a strong rebound rally from key Cloud Chart support zones!

On the weekly Cloud Chart the index is now on its way to fight top end Cloud Chart resistance zones!

The daily Cloud Chart the index had a strong rebound in April from critical support zones and is now getting closer to the bottom end Cloud Chart resistance zone! Critical week ahead to break past this zone! Downside risk is a reversal if this resistance zone holds with the top end of the front end of the Cloud as a possible new support zone!

Index is up by more than 20% since the Cloud Chart support rebound buy signal!