Looks like it's headed back to white supporting trendline around 399-400.
Still don't see this breaking 400 unless earnings coming horribly for tech Tuesday After Market but let's see what happens.
Vix still struggling at daily 21ema which could lead to chop the rest of day.
Spy holding weekly 50sma.
XLF is being bought along with Blue chip value which reeks of sector rotation before FOMC.
QQQ fell back below 200sma today with Chip sector being the main dragger.
Still don't see this breaking 400 unless earnings coming horribly for tech Tuesday After Market but let's see what happens.
Vix still struggling at daily 21ema which could lead to chop the rest of day.
Spy holding weekly 50sma.
XLF is being bought along with Blue chip value which reeks of sector rotation before FOMC.
QQQ fell back below 200sma today with Chip sector being the main dragger.
Commentaire:
Definitely touching that white support trendline today.. 70% chance we May bounce tomorrow.. .
