SPX Market Insight - 2025-12-04
12/5/2025, 7:29:02 AM
2025-12-04
Market Status: NVDA experiencing short-term volatility with bearish undertones.
Technical Indicators: MACD remains deeply negative, with declining momentum. RSI hovering in oversold territory around 35-40.
Key Observations: Stock struggling to maintain recent gains, trading below key EMAs. Recent price action suggests potential consolidation or further downside.
Short-Term Outlook: Investors should watch for potential stabilization or continued price pressure.
Trend: 🐻 BEARISH
Candlestick Pattern: Bearish Doji Star (2025-12-01 to 2025-12-03 showing indecision and potential reversal)
2-Week Options: 📊 Long Put, Strike: 180, Expiration: 2025-12-16
Support: 🟢 176.50 (recent low from 2025-11-28)
Resistance: 🔴 185.66 (recent high from 2025-12-02)