S&P 500 new possible resistance @ 1806 (S&P Futures' 1805)
Apple new possible resistance @ 560
Walmart new possible resistance @ 80.75
Amazon new possible resistance @ 394 & might also break below 390 but still possible to rebound & go higher
All resistances might just be temporary
Wait for stocks to strengthen & go higher before buying, to be safer
How to trade resistances that might just be temporary: (high risk)
Sell if it stays below & drops, buy if it breaks & stays above to go higher
S&P 500 new possible resistance @ 1806- 2 wins, 1 loss
Although S&P 500 broke above 1806 earlier, which might result in a loss at 11am EST because the resistance was indeed temporary only at that time
It's also possible to buy @ 1806 after it broke & stayed above to go higher for it to expire @ 1808.24 at 12pm EST
After S&P 500 started dropping from 1810 & resistance @ 1806 strengthened after 3pm EST, it would be a good chance to sell @ 1806 for it to expire @ 1802.77 at 3:30pm EST
Apple new possible resistance @ 560- 1 win
Apple continued to stay below & drop, expiring @ 557.80 at 11am EST or further below later
Walmart new possible resistance @ 80.75- 2 wins at higher risk
Walmart broke above resistance then drop below again & was unstable so we wouldn't recommend trading it, although there are still possible wins at higher risk
Sell @ 80.75 for it to expire @ 80.65 at 11am EST
Buy @ 80.75 for it to expire @ 81.11 at 1pm EST
Amazon new possible resistance @ 394- 2 wins at higher risk
Resistance @ 394 remained strong for the rest of the day but often stayed too close therefore not really safe to trade, although there are still possible wins at higher risk
Sell @ 394 for it to expire @ 392.51 at 2pm EST
Sell @ 394 for it to expire @ 392.30 4pm EST




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