Market Preview and Prediction: December 18 - End of the Week 🎙️

18/12/2024 14 min
Market Preview and Prediction: December 18 - End of the Week 🎙️

Listen "Market Preview and Prediction: December 18 - End of the Week 🎙️"

Episode Synopsis

This market preview analyzes the performance of major indices (SPY, QQQ, AAPL, TSLA, NVDA) leading up to and including the Federal Open Market Committee (FOMC) meeting and Consumer Price Index (CPI) release. The analysis uses technical indicators (MACD, GEX) and chart patterns (rising wedges, falling wedges) to predict short-term price movements for each stock. Key support and resistance levels are identified, along with potential scenarios based on the FOMC's decision. The piece concludes with actionable advice for traders, emphasizing the need for caution and risk management given anticipated market volatility. Disclaimer: this is educational and not financial advice.For in-depth technical analysis and insights, be sure to check out Phil Vo’s work at www.tradingview.com/u/bullbearinsights. You'll find detailed charts, key levels, and trade setups to help you navigate the markets with confidence!👉 Level up your options trading! Get 10% OFF and a 7-day trial at https://tanukitrade.comwith YOURCODEHERE! 🚀💰✅ Auto-Refreshed GEX Levels ✔ IVRank ✔ CALL/PUT Skew ✔ Volatility Skew ✔ DeltaCurves Hosted on Acast. See acast.com/privacy for more information.