SamSuka
The Long Investor
The Long Investor

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$SPY TOP 20 UPDATE

Still we are outside of the wedge and under the top blue line, what I am noticing with a lot of individual stocks lately is that there is significant sideways movement happening, this has not been spoken about much, that the market can neither be bullish nor bearish, the earnings season so far has been mixed, so it is balancing the direction.....when $MSFT and $AAPL etc report over the next 2 weeks, this may change then.

Today was a difficult day for many stocks, I am assuming that tomorrow will offer some sort of relief.....if it doesn't then a trend is starting to form, that being said, Fridays do not tend to be that severe. 

$SPY TOP 20 UPDATE

Comments

bro what r u saying 💀

Numan

Friday morning can follow Thursday and then later day, traders comes back for short covering for Monday, and it might follow Friday

Shailesh Patel


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