$Alibaba(BABA)$ Bearish for short term due to panic oversold situation and news mentioned that Jack Ma family funds also sold quite significant amount of shares. Long term, it still good fundamental company and potentially to general higher profits from the recovery of China economics Best time to accumulate the shares [Miser] [Miser]
SPX DAILY HIGH After a strong first leg out of what is likely the final low in the recent correction the SPX has formed a daily Swing high making a double top. This is a natural place to reach Price and Time resistance, but since double tops usually fail during an uptrend, after a correction for a few days we should continue the uptrend. Wait for the next correction bottom to come before adding positions again, if you haven't entered yet. First higher Low candle should give us some indication.