Thursday, March 12, 2026 · 12:55 PM EDT Market Closed
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Today’s Market Brief

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Resistance
8-day EMA
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Today's Analysis

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● Green = relative strength   ● Red = relative weakness
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is NVDA a setup here?
Not yet. NVDA is at $136.40, sitting below both the 8 EMA ($138.60) and 21 EMA ($135.20). It's in no man's land — above the 21 but below the 8. Not a clean swing setup from either direction.

What needs to happen: It needs to reclaim $138.60 with authority for a long setup. That means a strong close above the 8-day, ideally with volume confirmation. Below $135, the 50-day at $131.50 becomes your next level.

The complication: Earnings Wednesday after the close. Expected move is ±$6.80. Unless you're specifically playing the earnings event, wait for the post-earnings reaction and trade the chart from there.

Gamma context: GEX is negative on NVDA, so any post-earnings move will likely be amplified. If it gaps above the 8-day on earnings, that could be the reclaim. If it gaps below the 21, the 50-day at $131.50 may not hold.
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