Broader Market $SPY – S&P 500 This market has been on steroids and I think there are buyers still around. The 20D is right below the SPY and it’s catching back up. I think the buyers are gonna buy back this pullback. I could be wrong, but I think the dip is...
Broader Market $SPY – S&P 500 The markets have been holding the 429 level for a while now. There will be normal pullbacks, and now we’re marking new highs. The 20D is curling so I think there might be a little pullback to the 20D or the 50D. Right now the...
THE LEVELS: $SONO – SONOS INC MY LEVEL: 36.80 WHY: 126 Moving Average (6 Month MA). Previous low. Watching for a 37.50 breakout. $AMAT – APPLIED MATERIALS, INC. MY LEVEL: 135.55 WHY: Previous low, Monthly pivot, and the 50D. Dips bought right up off of the...
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