We have a bottom in place, at least for the short term. Watch yesterday’s low on SPY of $495.43 for support and $500 for resistance. For QQQs it’s the 413 area and the 421//22 area on the upside Market’s still look like they are in a downtrend, which would resume if those levels are broken. Continue to watch the semi’s
Financial News vs. Noise
Financial News vs. Noise
Financial News vs. Noise
We have a bottom in place, at least for the short term. Watch yesterday’s low on SPY of $495.43 for support and $500 for resistance. For QQQs it’s the 413 area and the 421//22 area on the upside Market’s still look like they are in a downtrend, which would resume if those levels are broken. Continue to watch the semi’s