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Stocktwits Chart Art: November 15, 2024
The best charts and trade ideas from the day.
STOCKTWITS CHART ART: NOVEMBER 15, 2024
The Stocktwits Summary š
Stocks dropped sharply as traders reconsidered the Federal Reserve's actions, with the VIX ending the day up 12% and the Nasdaq erasing the majority of gains made since Trump was elected. Risk aversion continues to take over, leading to significant losses across major indices. š
Hereās how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (-1.28%) | Bullish (61) | High (59) |
$QQQ (-2.38%) | Bullish (70) | High (61) |
$IWM (-1.48%) | Bullish (56) | High (58) |
$DIA (-0.66%) | Bearish (43) | High (56) |
*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.
And here were Stocktwitsā top Trending symbols:
CHART OF THE DAY
$SPY Testing Support - Watching For A Bounce š
Stocktwits user @TheProphetOfProfit highlights that $SPY is testing support at October highs, suggesting a potential bounce if this level can hold. A break below could indicate further downside, but for now, itās just managing to hang on.
Gap Filled And Basing: Will Bulls Step Back In? š
NVIDIA Earnings Watch - High Expectations For Q3 š„
NVIDIA DAY COUNTDOWN
Your Chance To Win Exclusive Nvidia Merch š¤©
Think you know Nvidia stock better than the 546,846 other people following it on Stocktwits? Nowās the perfect chance to flex your muscles. šŖ
Use our āPrice Predictionā tool to forecast its Thursday opening price. The first person to predict it correctly will win exclusive, limited-edition $NVDA merch worth $120. And bragging rights, of course. š
Source: Stocktwits.com
And be sure to follow @Stocktwits on the platform and our socials (X, Instagram, YouTube) so you donāt miss out on all the Nvidia action before they report after the bell on Wednesday! šØ