US equities are continuing to cool back, with indexes starting to turn red. USD is +0.3% at 1.1225… which isn’t helping commodity land.
sp’60min
VIX’60min
Summary
The opening black candle was indeed the tell. Now the only issue is whether orange gap will be tagged, before we resume upward into the 3800s.
*See the daily chart I posted on Twitter. Its something I’ll likely refer to for some weeks, as psy’4K appears possible, before resuming lower.
I remain short… and looking to ‘clear the decks’ late today/early Wed’.
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notable stock: AMD
Leading the way down.
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notable stock: TSLA
A break above the 10MA… but reversing. Last week’s low should hold.
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notable retail: TGT
Jefferies ‘buy’, 175>185.
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notable stock: MU
Yesterday’s black candle played out.
Today’s candle is bearish engulfing, and leans problematic into Wed’.
Its time for lunch, but I’m stick with stress.
Maybe I’ll have something after a venture to the park.