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Major indexes erased most of the wk's losses as they bounced strongly off their KMAs

@jfsrevg
23/1/2023 Market Diary & Playbook -major indexes erased most of the wk's losses as they bounced strongly off their KMAs -3/14 leadership grps doubled +100% frm 52 wks low -new and 2nd rally leg are building in leadership names -this week ER will test strength in tech names $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Luna Innovations(LUNA)$ $Madrigal Pharmaceuticals(MDGL)$ $Vinco Ventures, Inc.(BBIG)$ $Bakkt Holdings, Inc.(BKKT)$ $Calumet Specialty Products Partners LP(CLMT)$ $Carvana Co.(CVNA)$ $EVgo Inc.(EVGO)$ $Huya Inc.(HUYA)$ $Iamgold(IAG)$ $Icosavax, Inc.(ICVX)$ $Jianzhi Education Technology Group Company Ltd.(JZ)$$Marathon Digital Holdings Inc(MARA)$ $Profound Medical Corp.(PROF)$ $Protagonist Therapeutics(PTGX)$ $360 Finance(QFIN)$ $Quantumscape Corp.(QS)$ $Rent the Runway, Inc.(RENT)$ $Electrameccanica Vehicles Corp.(SOLO)$ $Spruce Biosciences, Inc.(SPRB)$ $Taseko Mines(TGB)$ $Target Hospitality Corp.(TH)$ $Verona Pharma plc(VRNA)$ $XOS Inc.(XOS)$ $Yatsen Holding Limited(YSG)$ https://twitter.com/jeffsuntrading/status/1617505852679720960
Major indexes erased most of the wk's losses as they bounced strongly off their KMAs

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