S&P 500 To 8,000 While Oil Breaks Down To $80

Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, preps the stock market week ahead with a full technical breakdown of the S&P 500, crude oil, the ten-year yield, gold, silver, Bitcoin and three individual stocks on his radar. Gareth opens on the S&P 500, showing the midpoint line at 7,575 that has been drawn on his chart for a month and separates the bullish zone from the neutral zone. He walks through why the hawkish Fed-statement sell-off that pierced that line was a fake-out, and why the descending bull flag that has since broken out keeps the bullish bias intact. His roadmap: a break above the 7,770 pivot, the 7,800 upper trend line by early October, and 8,000 by mid-October at the latest. From there Gareth turns to the two charts he calls the most important of the week. Crude oil is building a bear flag off a down move and an inside bar, pointing toward $80 a barrel into the midterms. The ten-year yield printed the exact inverse structure and broke out, with the 5.25 to 5.27 percent pivot zone reachable as early as Monday before a pullback toward 5 percent. Gareth explains why those two moves have to happen for the S&P to reach his target, and how the pieces fit together. He closes with gold and silver sitting on parallel-channel support, Bitcoin's higher high and the $81,000 buy level, Micron's gap fill lining up with the 78.6 percent Fibonacci, NVIDIA's no-bias wedge, and why he thinks Meta has topped. Join Gareth's Top Squad for live weekend Q&A sessions, exclusive videos, swing trade alerts and discounts on Verified Investing services: https://www.youtube.com/channel/UCwTu6kD2igaLMpxswtcdxlg/join More from Gareth: www.VerifiedInvesting.com This video is sponsored by the Rumble Wallet. Trade crypto and gold via Tether from a publicly traded company. Use code VERIFIED10 for $10 in stablecoins: wallet.rumble.com/Verified CHAPTERS 0:00 Prepping For The Trading Week Ahead 0:46 Gareth's Top Squad Membership And Sunday Live Q&A 1:27 S&P 500: The 7,575 Bullish Zone Line 1:57 Why The Hawkish Fed Sell-Off Was A Fake-Out 2:31 S&P 500 Targets: 7,770, 7,800 And 8,000 3:12 Narrow Breadth: The Mega-Cap AI Names Holding The Market Up 5:14 Crude Oil Bear Flag Pointing To $80 A Barrel 6:03 Ten-Year Yield Bull Flag And The 5.25 Percent Pivot 7:45 The S&P Descending Bull Flag Breakout Holding The Line 8:32 Stocks 1.5 Percent Off Highs With Yields And Oil Elevated 9:15 Gold Consolidation And The $3,900 Downside Risk 10:03 Silver Support And The $55 Level 10:16 Bitcoin Higher High, $81,000 Buy Level, $75,500 Below 11:23 Micron Gap Fill Plus The 78.6 Fibonacci 11:50 NVIDIA Wedge With No Bias 12:15 Meta Has Topped 12:41 The Week Ahead Game Plan 13:22 Rumble Wallet #StockMarket #SP500 #Bitcoin #CrudeOil #TechnicalAnalysis