S&P 500 stayed below 1800 but hesitated around 1797-1800 for an hour then dropped
It failed to rebound @ 1795 like it did earlier & dropped more
Next support @ 1790 but market sentiment is bearish
Too risky to trade today
S&P 500 still managed to rebound @ 1790.94 but found new resistance @ 1794
It also stayed near 1794 for an hour before breaking below 1790 to rebound @ 1788
This time it only reached 1793 before dropping again to 1790 but managed to rebound & close just above 1795
This shows that there's still a little bit of strength left even though it's weak, supports @ 1800, 1795 & 1790 were all broken, with the important 1800 turned into resistance
US online sales are expected to hit a record of $2 billion on "Cyber Monday" but Amazon & Walmart are dropping instead
Walmart's the most volatile stock today as it fluctuated between 80.8-81.2
Amazon's new drone delivery service is not currently allowed in the US
This news helped push Amazon down
Amazon dropped from 390 to 383 while building resistance @ 386
General Motor’s US retail sales up 19% in November but GM also dropped from 39.0 & even dropped below 38.0 but finally managed to close slightly above 38.0 at the last minute
Google reduced price & added more features of its Compute Engine cloud service, targeting corporations
Google jumped to 1060 but dropped back to 1050 while building resistance @ 1055
Apple was the most stable stock but still dropped slightly below support 560 for a while before steadily going up to 566
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