Gareth Soloway runs a technical-analysis heavy market wrap focused on Nvidia earnings, broad equity indices, yields, oil, gold, silver, natural gas, and Bitcoin. His core message is to trade around clearly defined chart levels and probabilities rather than narratives, with a slight bullish lean on the market into the open but caution around Nvidia and major resistance zones.
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The video is a solo market update by Gareth Soloway of Verified Investing. He opens by framing his process as chart-based and probability-driven, contrasting technical analysis with hype and narratives. The immediate market focus is Nvidia earnings after the bell, plus the interaction between oil and the 10-year yield as drivers of near-term equity direction. On equities, he says the S&P 500 futures are drifting higher into the open after a short-term double top in premarket trading, implying a decent but not huge upside open. On the S&P daily chart, he argues that the prior all-time high around 7,000 now acts as major support after the breakout, while a rising trend line near 7,560 is the next major resistance if the market rallies. For the Nasdaq 100, he emphasizes a long-term trend line connecting prior cycle highs and notes that the index is back near that resistance zone. …
Near term, the tape looks slightly constructive but event-driven: a modestly higher open can coexist with fragility because Nvidia earnings and the oil/yield backdrop can quickly flip momentum. Traders should care most about reaction levels rather than the premarket drift.
Over the next several weeks, the market likely either accepts the recent breakout and revisits higher resistance zones or rolls back toward former highs that now serve as support. The key confirmation will come from whether earnings-led momentum broadens beyond a single stock and whether oil/yields keep easing.
The longer-run message is that markets remain governed by a cross-asset regime where inflation inputs, rates, and index trend structures interact tightly. That leaves technical levels and earnings catalysts as durable reference points even when the narrative changes.
Technical analysis and probabilities are the basis of his process, not narratives or hype.
He repeatedly frames the channel as data-driven and says technicals give probabilities that guide decisions.
The S&P futures are set up for a modestly higher open, but the premarket high formed a short-term double top.
He says the market is trending neutral to higher but notes rejection at the overnight high.
For the S&P 500, the prior all-time high around 7,000 should act as major support after the breakout.
He states that breakout above a former ATH converts that level into support.
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