@The_RockTrading Daily spy close bellow 50ma we will could potentially have a continuation to the downside to 729 then next target 724 also Mags looking like still got a bit more downside
@loman_jason@The_RockTrading Those odds are low with stockrsi daily poised to go 80-20 and looking at larger charts for the trend we are bearish the histos on the weekly and monthly pretty strong down. If we get a close at the low of the day dont be surprised of a potential gap down. No bounce yet sir. π«‘
@The_RockTrading But the size of macd is looking a bit too strong I would like to see this get smaller on daily but we shall see hopefully we find support or may just get some digestion tomorrow and sideways action
$QQQ $NVDA
As I said earlier more down to go W/D charts showing the strength is still to downside and that daily BB starting to spread Mac d strong and sto still needs to make its way down below 20 on W/D charts I drew the next level of potential support on the charts for you.