NVDA is expected to rise toward resistance zones but fail and then decline, with the daily cycle bottoming in November; sideways or negative cycles may extend into winter, and it is not expected to surpass its prior high.

Katie, do you have any questions about Nvidia or Intel?

you will be able to see Nvidia . Understood. excellent. Well, as you can see, we have two positive cycles here. This session was very neutral, and ended almost where it began. It broke through the highest level, forming a positive cycle that ended at a higher level than its beginning, and this cycle also barely broke through that level, and now we have momentum reflected with the reversal indicator here.

Now, on the weekly timeframe, nothing has been clearly damaged so far. Based on this negative momentum, we have adjusted our forecast lines, but we will have to look at the daily chart for more information on what is happening, whether there is a breakdown, or what to expect in the coming weeks.

This weekly cycle has a perfect spring bottom. 27 is the ideal date.

If we look at the daily chart, I'll zoom in here. As you can see, we are about to finish the timing window for this daily cycle. This is the time interval between these two blue dashed vertical lines.

We may have formed this bottom yesterday and are moving slightly upwards , but as you can see, this was a significant drop, with the price falling below the 78.6% Fibonacci level in the short term.

Based on that, we identified these resistance zones last night, and we expect Nvidia to attempt to rise to these zones, but is expected to fail to do so, and then return to decline .

This cycle is expected to reach its lowest point in November.

Therefore, we may see several cycles here, extending into the winter when Nvidia faces significant difficulties. Therefore, we expect it will not be able to surpass this high level, and we may see some sideways or negative cycles in the coming period.

In other words, those large companies. If you watched the program last week, I featured the biggest companies, Apple and Microsoft, and Apple, Microsoft and Nvidia made up 21.5% of the index.

If these companies begin to correct, we will see a greater decline.