US equities open broadly lower. S/t momentum has turned negative, and should be a pressure into the mid afternoon. WTIC $74s.
sp’60min
VIX’60min
Summary
So… equity momentum has turned negative, with VIX momentum turning positive. The bigger daily cycles will be prone to turning this Wed/Thursday.
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notable Dow component: AAPL
China protest concerns. If the Foxconn plant/s are raided or burn down… that’d sure be a problem.
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notable energy: OXY
WTIC $73s… with the $62s on the menu.
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notable strength: AMZN
Hopes of cyber Monday.
*yours truly took advantage of stockcharts offering a 12+4 offer (basic tier… which is all most need). Now I’m paid ahead until March 2026.
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notable semicon: AMD
A key stock the equity bears need to see spiral lower, to have hope of sp’3850s or lower.