US equities remain in minor chop mode. S/t price structure of a bear flag remains intact. Silver has printed $23.90.
sp’60min
VIX’60min
Summary
Little to add.
S/t bearish unless >4K.
–
notable Dow component: AAPL
Broadly… its a real mess.
Bulls need a monthly settlement >10MA… $151s.
–
notable weakness: LULU
I can understand at the bulls being utterly dismayed at today’s reaction.
Earnings were unquestionably good, but Mr Market doesn’t care.
—
notable strength: NFLX
The ad tier has launched.
I don’t think Wednesday would approve of ads interrupting her.
—
notable fin: COIN
Coinbase struggling, having broken a new multi-year low yesterday.