$SPX - Right at the 50DMA and Point of Control
$.SPX(.SPX)$ - Right at the 50DMA and Point of Control
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It's $Apple(AAPL)$ time! and the S&P500 closed in a zone that would make the difference of further bullish continuation or an elevator down to $5600 (the next shelf).
Let's see, $184 is a key level that will make the actual difference; of course, the after hours move could be volatile and explosive.
$Amazon.com(AMZN)$ is giving bullish signs, let's see, Tim has to bring another buyback if there is any earnings miss.
As of 3:48 PM, the setup is bearish but not as obviously bearish as yesterday for $Meta Platforms, Inc.(META)$ and $Microsoft(MSFT)$
The Stochastic is suggesting the downtrend has just started, but price action is holding after 1:30PM at the 20DMA zone.
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I was trying to express that in the middle of the bearishness there was a significant support, same as in my recent posts.
I respect if it was not clear, I trade at the end of the day, with the chart almost ready to be closed. My rhetoric was not clear.
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