English
Back
Open Account
Technology Research Institute: CPI data is about to be released! What opportunities are there amid t
美股在逃哈士奇
joined discussion · Aug 18 16:36

US Stock Pre-Market Briefing | August 18, 2026

Bearish divergence + breakdown of the harami pattern; this scenario looks unfavorable.
Just checked the pre-market data; the technical setup is somewhat delicate.The Nasdaq has not yet broken below the yellow candlestick, but the S&P 500 has broken down from its harami pattern. Combined with daily bearish divergence, we remain in a risk zone.Translation:Bulls are running out of steam, while bears are waiting for a catalyst.
Let's start with the indices.
The Nasdaq is up 9 points. The yellow candlestick has not been engulfed, indicating overall strength. However,the S&P 500's harami pattern has broken down,which is the first warning signal. We maintain our view that this week marks a turning point atthe highs.Unless the Nasdaq breaks above its harami pattern, we expect a pullback into next week. The good news is:the weekly blue candlestick has broken out, confirming that the pullback low has found support.The broader trend remains intact, but short-term consolidation is needed.In plain English: bullish for the long term, but cautious in the short term.
Stock Commentary
NVDA$NVIDIA (NVDA.US)$
On the weekly chart, the price retraced to the purple band, tested the blue candlestick support, and broke out, halting the decline. The trend is bullish. However,this is not a suitable point to add to positions.— With the appearance of yellow candlesticks on the weekly chart, be cautious of a pullback.
Yellow candlesticks serve as warning signals, while the purple band acts as support.The trend remains intact, but the risk of chasing higher prices is accumulating.
Key levels: Resistance226.465, Support223.405. With only a three-dollar range, the market is likely to choose its direction today.
AMZN$Amazon (AMZN.US)$
On the weekly chart, the blue candlestick has formed a bullish engulfing pattern. On the daily chart, the price accelerated after a second retest of the blue candlestick buy point. Currently, the price is retracing within the band alongside blue candlesticks; a breakout would signal a bullish outlook.
Amazon has the clearest technical structure among these stocks—waiting for a pullback confirmation before anticipating a breakout.
TSLA$Tesla (TSLA.US)$
Daily chart shows an ascending trend channel plus a bullish engulfing pattern (yellow candle); be cautious of a potential pullback. The weekly trend remains bearish, but the weekly chart shows a pullback to the leading moving average followed by a bullish engulfing pattern (blue candle).
Tesla is at a pivotal point where a trend reversal may occur.A daily breakout with confirmation from support levels is needed to validate the opportunity; the breakout has not happened yet.
Key levels: Resistance342.375, Support334.405. It’s another case of narrow-range consolidation awaiting a directional move.
INTC$Intel (INTC.US)$
The daily chart has started to break out and hold above recent highs, marking an aggressive entry point for prior gains. A weekly breakout (blue candle) warrants medium-term attention. Currently, the daily chart indicates a bullish trend reversal; if confirmed by a subsequent engulfing pattern, the outlook is bullish, with recent price action showing convergence.
Intel’s price action looks like it’s coiling for a major move. —At the tail end of consolidation, waiting for direction.
Bearish divergence plus a breakdown of the harami pattern—this setup doesn't look promising. Just checked the pre-market data; the technicals are looking a bit delicate.The Nasdaq hasn't breached the key moving average yet, but the S&P 500 has broken down from its harami pattern. Combined with the daily bearish divergence, we remain in a risk zone.Translation:Bulls are running out of steam, while bears are waiting for a catalyst. Let's start with the indices. The Nasdaq hit a TD Sequential 9, and the key moving average hasn't been engulfed yet, indicating overall strength. However,the S&P 500 broke down from its harami pattern,which is the first warning signal. We maintain that this week will see a trend shift.High pointThis assessment holds: unless the Nasdaq breaks above the inside bar, expect a pullback into next week. The good news is:The weekly blue candlestick has broken out, confirming that the pullback low has found support.The broader trend remains intact, but short-term consolidation is needed.In plain English: bullish for the long term, but cautious in the short term. Brief Stock Commentary NVDA$NVIDIA (NVDA.US)$ The weekly purple band retested the breakout of the blue candlestick and found support, indicating a bullish trend. However, hereit is not suitable to add to positions—with the yellow candlestick appearing on the weekly chart, be wary of a pullback. The yellow candlestick is a warning signal, while the purple band acts as support.The trend remains intact, but the risks of chasing highs are accumulating. Key levels: Resistance226.465, Support223.405. With only a $3 range, the market will likely choose a direction today. AMZN$Amazon (AMZN.US)$ The weekly chart shows a blue candlestick engulfing pattern. The daily chart accelerated after a second retest of the blue candlestick buy point. Currently, the pullback is supported by the moving average combined with the blue candlestick; a breakout suggests a bullish outlook. Amazon has the clearest structure among these stocks—pullback confirmed, waiting for a breakout. TSLA$Tesla (TSLA.US)$ Daily uptrend channel + yellow candlestick engulfing pattern; be cautious of a pullback. Weekly trend...
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
Respect
1
Thumbs Up
3
126K Views
Report
Comments
Write a Comment...
4