CHART OF THE DAY: Nailing Both Sides of the $NVDA Trade

My #VASP (Volatility Adjusted Signaling Process) nailed the turn from all-time highs right as #Quad4 started hitting the US economy in July.

A) NVDA’s initial #Quad4 Crash took it from an ATH (all-time) high to -27% in early AUG
B) Part Deux of NVDA’s Drawdown crashed it another -21% from AUG 19 to SEP 6

What does the NVDA Signal say now?

1. It’s still signaling lower-highs vs. its ATH (135) with the TRR (top-end of my Risk Range™ Signal = 122
2. It’s still below @Hedgeye TRADE Resistance = 124
3. It’s still below @Hedeye TREND Resistance = 118