Monday Playbook — Top 5 Setups

The day's five highest-conviction setups, ranked by technical inflection, profit-probability, and trade quality — 5 long, 0 short. Trade your plan and manage risk first. Also screened: $AVGO, $HIMS, $NVDA, $HD, $COST, $ALGN.

1$IGVTradedLongMedium convictionscore 74
Inflection62
Probability83
Quality79

IGV is trading at 97.42, extended above both the 50-SMA (92.97) and 200-SMA (94.65) with MACD (0.56) firmly above signal (0.01), marking a bullish inflection as the trend structure re-aligns from below to above the long-term mean.

IGV chart with 50 and 200 day moving averages

Price sits 2.92% above the 200-SMA and roughly 4.8% above the 50-SMA, confirming a positive slope handoff between short- and long-term trend proxies. RSI at 64.38 shows strong momentum without yet triggering overbought (>70), leaving room for continuation but flagging near-term extension risk. The MACD spread of +0.55 over signal reflects accelerating momentum, while the 50-SMA crossing back toward the 200-SMA marks a mean-reversion-to-trend inflection. Trade-quality (79.1) and profit-probability (83.0) reinforce a constructive but not chase-worthy setup.

EntryPreferred entry on a controlled pullback into the 94.65–95.50 zone (200-SMA confluence); secondary trigger on a decisive close above 98.00 confirming breakout continuation.
InvalidationInvalidation on a close below 92.97 (50-SMA); breaking this level would negate the momentum thrust and reopen downside toward the prior base.
Targets100.50 — round-number resistance and measured extension from the 200-SMA reclaim → 104.00 — trend continuation objective consistent with current MACD slope
TimeframeSwing (2-6 weeks)
2$MDBHotLongMedium convictionscore 72
Inflection50
Probability98
Quality70

MDB is trading at 357.97, roughly 7.3% above the 200-SMA (333.60) and above the 50-SMA (335.85), with the 50 having crossed back over the 200 — a constructive posture that puts the tape at an inflection as momentum accelerates off a deep MACD trough.

MDB chart with 50 and 200 day moving averages

RSI(14) at 62.04 shows firm but not yet overbought momentum, leaving room to extend before hitting the 70 threshold. MACD at -0.81 versus signal -4.18 confirms a decisive bullish crossover from negative territory — an early-stage momentum turn rather than a mature one. Price is holding well above both the 50-SMA (335.85) and 200-SMA (333.60), which now stack as tiered support only ~6-7% below spot. The 22-point gap between price and the 50-SMA suggests the move is extended short-term, favoring pullback entries over chase entries.

EntryPreferred accumulation zone 345-350 on a pullback toward the rising 50-SMA (335.85); alternatively, a momentum add on a clean reclaim/close above 362-365 that confirms breakout continuation.
InvalidationDaily close below 333 (under the 200-SMA at 333.60) invalidates the long thesis — it would negate the 50/200 alignment and signal the MACD cross is failing.
TargetsFirst target 378-382, prior resistance shelf and a natural momentum extension roughly 6-7% above spot → Second target 398-405, measured move from the 50/200 base zone
TimeframeSwing (2-6 weeks)
3$SPYTradedLongMedium convictionscore 71
Inflection41
Probability98
Quality81

SPY is trading at 757.67, holding above both its 50-SMA (745.32) and 200-SMA (700.86) with a bullish MACD crossover (0.47 vs 0.05). The setup sits at an inflection as RSI at 59.5 approaches overbought territory while price extends 8.11% above the long-term trend anchor.

SPY chart with 50 and 200 day moving averages

The trend structure remains constructive: price is 1.66% above the rising 50-SMA and the MACD histogram is positive, confirming upside momentum. RSI at 59.5 leaves room before the 70 threshold, but the 8.11% gap to the 200-SMA suggests the tape is stretched versus its long-term mean. The 50-SMA at 745.32 is the pivotal near-term shelf; a hold there preserves the uptrend, while a loss would open air down toward the 200-SMA.

EntryPrefer staged longs on pullbacks into 750-746 (near the 50-SMA at 745.32); a breakout close above 760 can serve as a momentum add trigger.
InvalidationDaily close below 743 (under the 50-SMA at 745.32); breaking this level negates the short-term uptrend and shifts bias toward a mean-reversion move back toward the 200-SMA at 700.86.
Targets762-766 range extension on continuation → 775-780 measured move if momentum persists
TimeframeSwing (2-6 weeks)
4$ETORTradedLongMedium convictionscore 70
Inflection60
Probability69
Quality85

ETOR is coiling between its rising 200-SMA (35.74) and declining 50-SMA (38.70), sitting just 1.91% above long-term trend support — a classic inflection zone where the working long bias needs a reclaim to activate.

ETOR chart with 50 and 200 day moving averages

Price at 36.42 is trapped below the 50-SMA (38.70) but holding above the 200-SMA (35.74), signaling short-term weakness inside a broader uptrend. RSI at 43.37 is neutral-to-soft, leaving room to rally without being stretched, while MACD at -0.72 versus signal -0.56 confirms downside momentum has not yet exhausted. The setup favors patience: a reclaim of the 50-SMA would flip the tape, while a loss of the 200-SMA would invalidate the constructive structure.

EntryTiered accumulation: initial zone 35.90–36.50 on stabilization near the 200-SMA; add-on trigger on a reclaim and close above 38.70 (50-SMA).
InvalidationDaily close below 35.00 — a decisive break beneath the 200-SMA (35.74) would invalidate the long thesis and signal trend transition.
Targets38.70 — reversion to the 50-SMA and first supply shelf → 41.00–41.50 — extension above the 50-SMA reclaim, prior swing area
TimeframeSwing (2-6 weeks)
5$WHotLongMedium convictionscore 68
Inflection61
Probability69
Quality79

W is trading at 89.31, holding above both the 50-SMA (83.44) and 200-SMA (87.38) after reclaiming the long-term trend line, positioning the tape at an inflection where a stabilization above 87.38 could extend the recovery.

W chart with 50 and 200 day moving averages

Price sits just 2.20% above the 200-SMA, with the 50-SMA (83.44) rising underneath and offering trend support. RSI at 52.49 is neutral-constructive, leaving room to run before overbought conditions, but MACD at 1.03 has crossed below its signal at 1.52, flagging near-term momentum cooling. The structure favors a long bias only while 87.38 holds; loss of that level would tilt the read back to range.

EntryAccumulate on pullbacks into the 87.40-88.20 zone (retest of the 200-SMA); alternatively, trigger on a reclaim and hourly close above 90.00 to confirm momentum re-acceleration.
InvalidationBelow 83.20 (under the 50-SMA). A break there invalidates the trend-reclaim thesis and signals a return to the prior sub-200-SMA regime.
Targets93.50 — measured extension from the 200-SMA reclaim → 98.00 — prior swing supply / next volatility node
TimeframeSwing (2-6 weeks)

Ranked by technical inflection, profit-probability, and trade quality. Educational only. Not financial advice.