The analysis focuses on NVDA, noting it pushed through a channel top at 178.04. The analyst states that the rubber band stretched but did not snap. If the market closes Friday at or above 179.82, it will enter another buy signal which could yield 219.64. The analyst mentions that if someone got caught long, they should be out by now. The analyst is focused on the short side and indicates 149.64 is now expected over the next 2 to 3 months. 158.36 is considered a worst-case scenario. Closing below 168.22 today correlates with bearish continuation. The channel bottoms at 168.22 and 158.36 are solid 3 to 5 day swing trade opportunities. 168.22, if tested, can contain selling pressure. If the market closes below 168.22, expect a 3 to 5 day sell signal shifting south to 158.36. 158.36 may well contain selling through all of August. From 158.36, the market can round back up to the upper 170s within 3 to 5 weeks and fall to 149.64 within 2 to 3 months. If holding above 172.81, the market can recover potentially to 178.04 today. If the market breaks or opens today below 172.81, anticipate 168.22.