Trading Signals - 2 November 2026

19 trade ideas for 2 November 2026: 3 long and 16 short. Entry, stop and two targets are given for each, with the reasoning and the level at which the idea is abandoned.

Today's framework

Monday 2 November 2026. The chip index collapsed 7% on Friday and the Nasdaq had its worst day since June, falling 3.46%. Goldman's point names the cause: spending will keep growing, but the rate of growth is peaking. In crypto, Binance reopened withdrawals and 3.64 billion dollars left, 2.1% of the exchange's assets, with full proof of reserves expected tomorrow. Energy went the other way.

Three of the ideas are long and sixteen short. Three are taken at the market; the rest wait for an upward reaction before the sell is taken. The buy side is only the energy names and Tesla.

Trade ideas

Entry is given as a band, or as the single level a conditional idea needs. The note under the table gives the reasoning and the level at which the idea is abandoned.

• 1. BTC — short. At 78,304 dollars with the price making successively lower highs and lower lows; the monthly loss is 7.35% and momentum is 39. Binance reopened withdrawals but 3.64 billion dollars left, 2.1% of the exchange's assets; the damage on the confidence side has not closed yet and full proof of reserves is expected tomorrow. The price sits above the 200-day average by 3.3%, so the long-term structure is not broken yet, but the short-term direction is down. Action: sell on an upward reaction into the 78,600-79,200 band, target 77,517. Invalidated if: A close above 79,900.
• 2. ETH — short. At 2,288.62 dollars with the price in a falling high-low structure; the monthly loss is 14.24% and momentum is 35. The price has moved just below the 200-day average. The debate over exchange confidence keeps weighing on the whole of crypto. Action: sell on an upward reaction into the 2,300-2,330 band, target 2,268.47. Invalidated if: A close above 2,360.
• 3. XOM — long. At 187.25 dollars with the price making successively higher highs and higher lows; over the past month it returned 16.3% more than the market and it is only 0.7% below its one-year high. It rose 2.16% on Friday, moving in exactly the opposite direction while the Nasdaq fell 3.46%. The monthly gain is 14.30%. Action: buy in the 186.50-187.80 band, target 188.50. Invalidated if: A close below 184.
• 4. CVX — long. At 235.52 dollars with the price holding its rising high-low structure; over the past month it is 16.1% ahead of the market and 0.4% below its one-year high. It rose 1.75% on Friday and momentum is 73. The same thesis as Exxon, the same divergence. Action: buy in the 234.80-236 band, target 236.48. Invalidated if: A close below 232.
• 5. TSLA — long. At 399.81 dollars with the price in a rising high-low structure; over the past month it is 9.9% ahead of the market and the weekly gain is 7.41%. It fell 0.87% on Friday, but that was limited while the chip index collapsed 7%. Momentum is 61. Action: buy in the 399-401 band, target 404.22. Invalidated if: A close below 387.
• 6. NVDA — short. At 204.64 dollars and the price has moved into a falling high-low structure; it fell 4.22% on Friday and the monthly loss is 11.36%. The price has moved just below the 200-day average and momentum is 35. On the day the chip index collapsed 7%, this name took its share. Action: sell on an upward reaction into the 206-210 band, target 200.92. Invalidated if: A close above 215.50.
• 7. TSM — short. At 406.13 dollars with the price in a falling high-low structure; it fell 5.95% on Friday and over the past month it is 12.5% behind the market. The monthly loss is 11.56% and momentum is 38. The fall continues despite a record quarter; the problem is not the company's business but the pace of the spending cycle. Action: sell on an upward reaction into the 410-418 band, target 400.12. Invalidated if: A close above 428.
• 8. ASML — short. At 1,565.90 dollars with the price in a falling high-low structure; it fell 6.55% on Friday and over the past month it is 14.5% behind the market. The monthly loss is 13.30% and momentum is 39. Goldman's point hits exactly this link: spending will keep growing, but the rate of growth is peaking. Action: sell on an upward reaction into the 1,580-1,610 band, target 1,535.33. Invalidated if: A close above 1,650.
• 9. GOOGL — short. At 279.84 dollars with the price in a falling high-low structure; the weekly loss is 12.61% and over the past month it is 17% behind the market. Momentum at 21 is deep in oversold, so the size is small. It remains the name at the centre of the cash-burn debate. Action: small sell on an upward reaction into the 282-288 band, target 276.92. Invalidated if: A close above 292.
• 10. Gold — short. At 3,915.80 dollars with the price in a falling high-low structure; the trend is down in every time frame and the weekly loss is 2.30%. It touched 3,889 overnight and momentum at 28 is close to oversold, so the size is small. Even on Friday, when the Nasdaq had its worst day since June, the safe-haven bid did not appear. Action: small sell on an upward reaction into the 3,925-3,960 band, target 3,889. Invalidated if: A close above 3,995.
• 11. Silver — short. At 50.23 dollars with the price in a falling high-low structure; the trend is down and the weekly loss is 6.48%. It touched 49.09 overnight and it is 58.6% below its one-year high. Momentum at 22 is deep in oversold, so the size is small. Action: small sell on an upward reaction into the 50.40-51.00 band, target 49.09. Invalidated if: A close above 51.90.
• 12. Platinum — short. At 1,437.70 dollars with the price in a falling high-low structure; the trend is down and the weekly loss is 7.50%. It is 49.6% below its one-year high and momentum is 24. Action: sell on an upward reaction into the 1,443-1,462 band, target 1,427.40. Invalidated if: A close above 1,490.
• 13. Palladium — short. At 978 dollars with the price in a falling high-low structure; the trend is down and the weekly loss is 6.55%. It touched 968.50 overnight and it is 54.9% below its one-year high. Momentum at 21 is deep in oversold, so the size is small. Action: small sell on an upward reaction into the 982-995 band, target 968.50. Invalidated if: A close above 1,010.
• 14. Natural Gas — short. At 2.905 dollars with the price in a falling high-low structure; the trend is down and the price sits below the 200-day average by 5.5%. The weekly gain is 10.04% but that jump is being given back and momentum is 48. Action: sell on an upward reaction into the 2.915-2.935 band, target 2.851. Invalidated if: A close above 2.970.
• 15. Copper — short. At 6.512 dollars with the price in a falling high-low structure; momentum is 44 and the price is below the past month's average. The weakness on the Chinese side keeps weighing on industrial metals. Action: sell on an upward reaction into the 6.525-6.560 band, target 6.4765. Invalidated if: A close above 6.600.
• 16. SOL — short. At 94.74 dollars with the price in a falling high-low structure; the monthly loss is 20.15% and over the past month it is 6.6% behind bitcoin. It touched 93.83 overnight and momentum at 29 is deep in oversold, so the size is small. Action: small sell on an upward reaction into the 95.30-96.20 band, target 93.18. Invalidated if: A close above 97.50.
• 17. XRP — short. At 1.2519 dollars with the price in a falling high-low structure; the monthly loss is 15.68% and the price sits below the 200-day average by 6.6%. Momentum is 37 and over the past month it is 2.7% behind bitcoin. Action: sell on an upward reaction into the 1.2570-1.2650 band, target 1.2429. Invalidated if: A close above 1.2750.
• 18. AVAX — short. At 8.644 dollars with the price in a falling high-low structure; the monthly loss is 19.96% and over the past month it is 10.5% behind bitcoin. It fell 3.03% yesterday and momentum is 39. Action: sell on an upward reaction into the 8.70-8.80 band, target 8.524. Invalidated if: A close above 9.10.
• 19. ADA — short. At 0.1922 dollars with the price in a falling high-low structure; the monthly loss is 21.36% and over the past month it is 13.5% behind bitcoin. The price sits below the 200-day average by 14.1% and momentum is 33. Action: sell on an upward reaction into the 0.1930-0.1955 band, target 0.1906. Invalidated if: A close above 0.1990.

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