Diving Deeper -- GC | SI | CL | NVDA | ZB | ZN
I'll give you guys a little bit of a deeper market outlook for the week, going to dive deeper into other products, Crude, Precious Metals, NVDA, and ZB / ZN
News going into this week
Notable Earnings
So I do just like to keep an eye on certain types of earnings, things involved in AI, consumer discretionary spending, like KR 0.00%↑ VNCE 0.00%↑ VRA 0.00%↑ to see if people are reducing spending and sticking to more essential spending.
Most data lags, you have to consider that the majority of wealth is allocated to major metropolitan area.
By looking at other metrics you can see small divergences between data, then as you take a closer look you will see inconsistencies.
Recessions affect lower income areas first.
» Excerpt from my last Diving Deeper article I covered NVDA 0.00%↑
NVDA 0.00%↑ trades a multi year traditional fib to target. Support levels below, and Resistance above, depending on the earnings we will see what direction this moves.
» Current Chart in NVDA






