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Gap up but within the yesterday's range so might be just a range day.
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Should be a rebound here first then we'll see. Cannot say this bear shall have legs yet.
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Bias is down. Actually breakdown with good looking bear bar in the next couple of bars it's a downtrend day. But since it'd be mostly within the yesterday's range, I'll pass.
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Amazon (AMZN) has increased its average starting wage in the U.S. to more than $18 an hour and plans to hire another 125,000 warehouse and transportation workers, an executive told Reuters. In some locations, the company is giving signing bonuses of $3,000. Amazon did not give exact figures, but a $1 raise on a $17-per-hour wage would amount to about a 6% hike. (Reuters)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
It's the bear's last stand here. Decisively breakout then bears are over for today.
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A daily buy the dip setup. a LL on the daily will flag a failed buy, until then......so far dip buyers still siting pretty until then....if bears can not break this down, tomorrow will be stronger for the bulls. Opex week = high volatility is to be expected at the same time. stay on the right side of the chart (note to self)
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My comments are for entertainment/educational purpose only. NOT a trade advice.