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Stock Market Direction

Please click here for an enlarged chart ofNVIDIA Corp(NASDAQ:NVDA).

Note the following:

• This article is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point.
• The chart shows that after a strong rally NVDA stock entered the resistance zone.
• The rally was triggered by Jensen Huang's comment that the demand for Blackwell was insane.
• The chart shows that NVDA was not able to penetrate the resistance zone.
• The chart shows when...