After-hours analysis of US stocks: SPY QQQ IWM VIX Tesla SMH NVIDIA Bitcoin Treasury TLT 20240419

chapter:

Start at 0:00
7:26 SPY
9:48 QQQ
10:15 IWM
10:44 VIX
11:13 TSLA Tesla
13:00 SMH Semiconductor NVIDIA
15:12 BitCoin Bitcoin
17:00 TLT US 20-year Treasury Bond
18:04 Summary

SPY: The daily chart has entered the oversold zone, and a technical rebound is possible next week. However, the MACD on the weekly chart is dead cross, and the weekly level is not optimistic. It may fall for another 2 weeks and stop falling around 460.

QQQ: Refer to SPY.

IWM: Although it did not fall today, looking at the weekly chart, it is still down around 188.

VIX: The 18 point is very high, and the market's risk aversion is high.

Tesla: Hit a new low today, no stop signal, waiting for earnings report.

SMH, NVDA: Slump fills gap on daily chart. However, the MACD on the weekly chart is dead cross, which is not optimistic. NVIDIA, there is still a gap between 687~765, which is very dangerous.

Bitcoin: There is a halving event in the past two days. Let’s continue to watch the shock first. It is still possible to look down to around 53,000. The weekly chart may replicate the previous trend, with a drop to 53k in May. In late May, it rose again.

Treasury Bond TLT: It is stepping back on the downward channel. It is hard to say at the moment. It may fall again and hit the bottom for the second time.

Summarize:

It feels like the stock market has not finished falling. Although it is oversold, it may still fall even if there is a technical rebound.

Next week: financial reports from giants, GDP data, and PCE price index are all big news. Watch more, move less, and stay cautious!

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