Weekly chart (SPY)
SPY’s week chart has a bearish candlestick. I think it is something that is noteworthy.
The market is still very vulnerable despite a better than expected CPI. Rally seems to be fading.
Again, watch out for key resistance and support levels
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$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $NASDAQ 100 Index (.NDX.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Microsoft (MSFT.US)$ $Alphabet-A (GOOGL.US)$ $Meta Platforms (META.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Amazon (AMZN.US)$ $Grab Holdings (GRAB.US)$ $Sea (SE.US)$
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The Value Investor : it's almost as if 7% in a single day is unsustainable
oomooEric The Value Investor : So what do you think?
102175775 : the week is not over. thursday trading is stil not over. we may close the week well. we saw what happened last week. anything is possible.
Cow Moo-ney OP 102175775 : Definitely, anything is possible
旧人不覆 The Value Investor : it's almost as if 7% in a single day is unsustainable