Aggressive selling
Aggressive selling towards the end of the trading hours. Some ugly candlesticks formed on some stocks.
As shared in my video, expect some resistance around 393 and 394 for SPY. True enough, we got rejected right there. Bulls will want it to close above 394 to be bullish. Otherwise, buyers will be exhausted soon, and we could go down again.
Gentle reminder: Powell speaking on Tuesday.
From YouTube
$S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$ $Apple(AAPL.US$ $NVIDIA(NVDA.US$ $Amazon(AMZN.US$ $Meta Platforms(META.US$ $Microsoft(MSFT.US$ $Alphabet-C(GOOG.US$ $Alphabet-A(GOOGL.US$ $ARK Innovation ETF(ARKK.US$ $E-mini Dow Futures(JUN4)(YMmain.US$ $GlobalFoundries(GFS.US$ $Taiwan Semiconductor(TSM.US$ $Coca-Cola(KO.US$ $USD(USDindex.FX$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $Bank of America(BAC.US$ $Palantir(PLTR.US$ $Sea(SE.US$ $Grab Holdings(GRAB.US$
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icezzz : What time his speech?
icezzz : Do u do TA for BABA ?
Cow Moo-neyOP icezzz:
Cow Moo-neyOP icezzz: Nope I don’t. But a quick glance at the one listed on US - it looks overbought to me
icezzz Cow Moo-neyOP: About 10pm tonight?
icezzz Cow Moo-neyOP: Thanks
Cow Moo-neyOP icezzz: Yup if you’re in singapore