The tech sector led the rally yesterday as it bounced to its 8EMA. After
AMZN's disappointing earnings & outlook and the markets's lukewarm reception to another great quarter from
AAPL see if the sellers return for a capitulation type move. Watch $320 as the line in the sand between active bulls and bears. In case
AAPL and
AMZN can put in the low in the first half hour, see if we can reclaim $330 for a move to $335 ahead of FED next week. The path of least resistance continues to be to the downside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.