S&P 500 dropped from 1747.57 & rebounded @ 1742.22 but support is weak around 1742.6
Possible resistance @ 1750 if it stays below
Netflix's support @ 344 but is also quite weak, possible resistance @ 350
McD's support @ 93.5 is weak but it suddenly broke above 94.0 after economic news, 94.0 turned into 2nd support, 2nd possible resistance @ 95.0
All supports are weak as they're broken & resistances are not confirmed although it's still possible to win buying @ those supports & selling @ those resistances
Market direction is quite unclear & it's not really safe to trade yet
No comments:
Post a Comment