$NDX - Ugly Day
$NASDAQ 100(NDX)$ - Ugly Day
When one third of $S&P 500(.SPX)$ is concentrated in tech giants, the SPX gets a cold when the others sneeze.
$Microsoft(MSFT)$ ’s daily candle crossed the lower Bollinger Band, similar to April 19th. Possible bounce.
Risk management is key as presented in the latest publication.
A day can today can be mitigated or completely avoided with stop losses.
Stop losses are a fundamental tool in trading that helps manage risk, control emotions, preserve capital, and enhance trade planning. They can increase the chances of long-term trading success.
$NVIDIA Corp(NVDA)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Amazon.com(AMZN)$ $Apple(AAPL)$ $Meta Platforms, Inc.(META)$ $Tesla Motors(TSLA)$
Image
https://x.com/SmartReversals/status/1816274007559393763
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
