The S&P 500 is at a historical high above 5110 and will we stay on track? Or will we say that profit suits the pocket on the S&P side? 19 weeks is easy to say. I would like to ask if the previous rally was not a rally, then what was it? This is what a rally is for me. Will there be a better rally than this? Not even a saw. Nothing. In 2023, weak trends, retreats, and a horizontal trend lasted 21 weeks. Now it's 19 weeks. 21 was the golden number for me. The golden number had also improved. Now s&p America has a very strong trend. It is not open to question in terms of trend and is very strong in the medium term. My personal opinion: 5177 - 5421 We are in the first week of March. I have always been optimistic since 3500 - 3600. Again, I am optimistic, but my personal opinion is that S&P will start a correction from 5170 or 5421 levels towards 5000. There are scissors between 5177 and 5421. But you know, there's nothing I can do. There are two numbers in my technical jargon. It will receive a short-term major correction from 5177 or 5421 on the weekly chart of S&P, towards 5000 - 4818, and the medium-term rise will continue towards 5634 - 6240.

So we came from approximately 4000 to 4800. We made a small correction between 4800 and 4600, horizontally downwards. Here too, it will probably reach 5000 in S&P, from 5177 or 5421, to a maximum of 4818, I do not claim that it will reach there either. Let me say it clearly. S&P will make a correction. After that, we saw 5634 and 6240 in S&P, maybe in the last quarter of this year, after the American elections, investors, wow, we saw 6000 in S&P as well. Now we will watch a scenario that will make us say no worries even if we die. Here, I can recommend long traders to control their risk appetite in their positions when it comes to 5177 - 5421 levels. If there is a trend trader at the point of trading the trend, not such corrections, S&P will meet its targets of 5177 - 5424, 5600 and 6200 in 2024, unless 5000 or 4818 is broken, that is, unless there are more than two closings under it.

After 21 weeks in the previous rally, it entered a 13-week consolidation, or correction, period. If you wonder if it can create a similar image, the 55-week moving average is approximately 13 weeks from the decline. So he corrected it from one golden number to one golden number. Now I say that I am optimistic in the medium term. But I say there may need to be a correction before 5177 - 5420 is passed.19. We are in the week. There are 3 weeks. Look, I expect it to complete 5177 or 5421 in these 3 weeks and make a correction within these 3 weeks. It doesn't necessarily mean that it will go up for another 3 weeks and then make a correction. But I think it is 21 weeks old, that is, before completing the 21 weeks, S&P will see 5177 or 5421, just like the previous algorithmic movement, or without seeing 5000 - 4818 band in S&P, it will throw foam and correct itself in order to go higher in the medium term.

Until Tesla gives closes above 250, downtrend resistance will remain stuck within the 250 to 144 band. In other words, it will fill the temporal part of the triangle within the band of 144 and 250. This is the horizontal trend. You should buy when it reaches 144 - 150 and sell when it reaches the falling trend resistance and take your profit. This is a band trade. 250 - 144 is a band trade. So the whole story of the squeeze will start when the falling trend passes the resistance. Tesla will start the trend. Then everyone will be talking about Tesla once again. The 144 to 250 band is the trader band, the buy-give band. Above 250 cannot be traded. You take it, hold it, put it under your pillow, and sleep on it in the evening. Unless 250 is exceeded, Tesla continues to move between 250 and 144. If you are wondering what you see in short, if it exceeds 220, Tesla will go to kiss 250 with an unsafe 10% in short. Opens 50% margin based on dollar. But unless 220 is exceeded, Tesla remains in a short-term downward trend towards 160 - 144. If it reaches 144 and sits above it for a few days, it can be read as a short-term buying opportunity. Therefore, we need to be cautious unless we exceed 220 in a very short time in the major. There is a risk of Tesla being crushed towards 160 and 145. Above 220, Tesla can be read as a 10% dollar-based reaction towards 250. If we see a close above $250, Tesla will exit the trade and return to the trend. That's when Tesla's upward pursuit discipline begins, with the target of $338 placed between the pillows.

Since the intermediate trend in Apple has been broken, there is a risk in the major that the correction will continue. As a result, it has also fallen below its 55-week average. It is essential for Apple to exceed the 8-week moving average of 185. If Apple gives us a second close above the 185s and confirms it, a short-term uptrade with a target of approximately 13% - 15% at $205 will be generated. Unless or until it gets the second close above 185, Apple may want to try weak upward attacks, and I am removing it completely towards 169 and 175, or even 175. I invite investors to be sensitive to a short-term risk in the medium-term uptrend towards 169 - 157. I'm not saying it won't price below its 144-week moving average, it has priced below its 144-week moving average in the past, but it hasn't been permanent. If Apple falls to a region such as 169 - 155 dollars, we can read the decline as an opportunity as a costing zone by placing a stop loss on the closing below 155 dollars. But it may decrease towards $169 - $157. If it lands, that would be an opportunity in itself. But the opportunity must be managed with stop loss discipline at $155 or $150.

Now the company that everyone is talking about and watched by the whole world is Nvidia. The one who buys it is happy, the one who misses it is unhappy, the one who can't buy it can no longer touch it, etc. Indeed, the breakout above $490 is going like an altcoin. It was the hen that laid golden eggs. Now, before I start the analysis, let me bring to light a discipline and a fact again. No price can fall forever, no price can rise forever. As long as I stay above 729, I'll hold Nvidia stock. But I won't buy it new. As long as it stays above 729, I keep Nvidia targeting 966. Maybe even 1113. It will exceed 966, but you know there are target prices around 1113 or even 1400. Above 729, I bet 966. I keep what I have, but I don't buy it anymore. I don't like getting this type of graphics. Until we got this, there are some gems in America that didn't reach the 700s but were lying like lambs in the 200s. I'll buy them, why would I risk such volatility? As long as it stays above 729, I'll hold my Nvidia stock. May the area benefit. I wouldn't tell anyone who wants to buy a new one not to buy it. I have no such place, and I cannot say such a thing.

729.30 is short-term support and a trailing stop loss zone for upward reading. Nvidia, which continues to stay above 729s, may continue its spoils towards 966s or even 1113s, provided that it makes an extreme warning, especially regarding the new cost. However, in my personal opinion, if you ask whether this will surpass the 966 at this launch, I think it cannot pass without correction. Unless it breaks 729, it is healthy, if it breaks it, it becomes adios. If this breaks, it will drop towards 637 or maybe even 522. As a result, any price can fall or rise anywhere. It is now useful to carry out risk control in certain places. I wouldn't say that Nvidia, which remains above 729, will not go towards its 966 - 1113 targets. As a fibo trader, I wouldn't say it won't go. If it were below 729, I would apply a profit stop. If it falls towards 637 and - or 520 - 550, I will question whether to put it back in place or not, with support from the fundamental side. Therefore, according to Nvidia's classic technical analysis, the short-term 729 and medium-term 637 levels can be read as support zones. 966 and 1113 will continue to be Nvidia's local targets unless 729s are broken.

I will tell you something here. 345 - 4.236 of the Fibonacci I threw at $ 100 is $ 1113. As a technical analyst, moving prices at Fibonacci 4.236 and or above is gambling in Las Vegas. I did not say that the price of 423 and - or above is not possible. I didn't say he wouldn't go. I said that carrying the goods on his person is gambling in Las Vegas. Those who love gambling are welcome to carry it if they go there. Of course, it will not be a problem for those who have a very low cost, but a problem will actually arise for those who have a cost from above. Mac and Trigger shout loudly that yes, I am strong, I am a document that is in the portfolios of not only white collar but also blue collar and employees in America, where many funds now invest. But Mac and Trigger also say, "Okay, I have a future too, but now when I'm making new costs, make me question something extra." He says I am extremely offended. He says don't take too much, you will be offended later, he says it may upset you.

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