Follow The Leader

Nvidia has been leading the market higher for the past 2 years.

Nvidia has already formed a weekly swing low and is in the process of breaking above the 10 week MA. Nvidia is currently in a weekly uptrend. A close above the 10 week MA will indicate a continuation of its weekly uptrend and signal a weekly cycle band buy signal. So, Nvidia appears to still be leading the market higher. In the Weekend Report I will update the status of the intermediate (weekly) cycle for stocks. But here is a hint:

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