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Looking like we are headed south. Did not make it to yesterday's cash close on this last push up. Expecting confused market while we wait for better earnings clarity.Unfortunate for AI Mag 7 segment that everyone is playing accounting games and the punditry is pointing it out in detail. Making me think the big guys may be keeping their powder dry until they see the numbers.
Looking like we may retest the swing lows. That up trend was not very clean compared to the first thing sell off. So Mr. Market offering buyers a second chance. Ninja Trader commented earlier that the 0DTE put wall was at around 6975
Testing the day low, I think there're chances forming double bottom because the pullback since noon is not strong and already 2 legged.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.