Counter-Rally ( likely ) Coming, Then a Lower Low to Fill NVDA Earnings Gap at $497

- Expecting a counter-rally to $510 after today's down move - Previous level of demand at $510 will now be supply - Custom indicators showing counter-rally signals - Market broke 50-day moving average, more pain expected - Counter-rally likely to fail quickly - Sell off expected to continue to fill gap at $497 after counter-rally - Opening with a gap up at $510 could signal end of counter-rally - Extremely risky to trade against the trend - Not recommending a trade, just sharing analysis