$SPY getting stopped out at the 50 Day MA which is also the yellow trend that has been here since November '22.
We will be watching to see if we get 3 Waves up here for a Wave B, if this is the case then we can expect another leg down again to complete Wave 4 before this can go higher....meaning, the pull back is still not over.
So far $NVDA has not saved the market and is not living up to the hype itself, however it is a rare green today.
Anthony
2023-08-24 19:15:53 +0000 UTCAnthony
2023-08-24 19:15:24 +0000 UTC