Stocks Technical Analysis #AMZN #SPX #SE
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$Amazon.com(AMZN)$
Price played out exactly as analyzed last week. Price is mitigating the bullish POI at 94.71. I'm expecting a bullish retracement to fill the fair value gap at 109.77 on this reaction.
Price failed to respect the bearish POI at 3907.07 as per my previous analysis. From here, I'm expecting price to reach for the bearish POI at 4119.97 before a continuation to the downside following the higher timeframe order flow.
Price played out well to my analysis last week. Price is mitigating the bullish POI at 45.00, going deeper right now. I'm expecting price to consolidate around this range until Q3 earnings release.
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