With todays rally from the lows, investors dumped oil and ran to tech.
ARKK Finally hit bottom in search of hope?
SPY is in harmony at 370/380. Key Area support at Archegos event horizon.
This is setting up to be a short squeeze higher in tech for names like AAPL
China Tech names have been channelling higher with names like TME riding the top +2 STD...
I see great support with the notable volume on the 200/233EMA area.
Price will probably continue on the bullish trend despite Bill Hwang's actions.
My EP is $45.