Spent sometime sieving out new RS and HTF setups to refine the watchlist from the last 2 days of correction. Worth to note that all
Category: Market Updates
Further broad based buying left all 11 sectors in positive territory, though $XLP registerd the slimmest gain (+0.06%). $MGK (+2.1%) a standout performer against major
Impressive comeback from $SPY and $QQQ as both indexes exhibited strength to reclaim their respective 200-MA with late afternoon rally effort to close near day
$SPY & $RSP opened & closed below its 50-MA after release of PCE Price data, as market remains saddled with growing belief on higher than
Both $SPY & $RSP became first major indexes to decline to its rising 50-MA though bouncing off it in the final hour of the session
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