Back testing breakout..
Still has a gap to be filled at 408, so does dow jones at 33,800 and IXIC at 11,850..
Powell didn't surprise anyone market was overbought and in need of a pullback..
I'm bearish below weekly 50sma at around 398, below that and we test 392 .
Financials did most of damage today but they've closed their gap so let's see if spy bounces later in the day...
Still has a gap to be filled at 408, so does dow jones at 33,800 and IXIC at 11,850..
Powell didn't surprise anyone market was overbought and in need of a pullback..
I'm bearish below weekly 50sma at around 398, below that and we test 392 .
Financials did most of damage today but they've closed their gap so let's see if spy bounces later in the day...
Bình luận:
Biggest obstacles is 401.50 after that 404..
Falling wedge playing out here on all indices + Aapl
Falling wedge playing out here on all indices + Aapl
Bình luận:
Nothing has change here.
Dow Jones and NYSE retested lows for last week or weekly 21ema and bounced...
Qqq looks like it will close above 296.50..
XLY(Tsla and amzn) looks oversold so I'm expecting a bounce. Tsla held 180
XLF banks need to hold 34.70 and we'll get a nice bounce there... target is still gap close ar 408.. At this point they may save it for February job and wage numbers.
Apple popped but Msft flop so that negated any movement there.
AMD closed its 85 gap and nvda stuck back at 240 so I don't know if chips will give much juice tomorrow
Dow Jones and NYSE retested lows for last week or weekly 21ema and bounced...
Qqq looks like it will close above 296.50..
XLY(Tsla and amzn) looks oversold so I'm expecting a bounce. Tsla held 180
XLF banks need to hold 34.70 and we'll get a nice bounce there... target is still gap close ar 408.. At this point they may save it for February job and wage numbers.
Apple popped but Msft flop so that negated any movement there.
AMD closed its 85 gap and nvda stuck back at 240 so I don't know if chips will give much juice tomorrow
Es,Ym, and NQ all over sold.. VIX hourly overbought.. they'll pump this up tomorrow