Even as the broad market remains resilient, Facebook rather quickly filled the gap we looked at yesterday, down to $73.35
Now is a good spot to observe whether buyers defend this market leader.
Elsewhere, the gold miners look to be in the capitulation phase. But I still need to see some more signs of it before making a contrarian long play.
And there is little chance that I am going to get aggressive with index shorts until the biotechs stop going up and making new all-time highs every day.
What are you trading this morning?
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NKE ZUMZ WIX
Still long DIS as well
Chess…that’s just down right mean on the picture 🙂 funny stuff.
Bought a little UNTD a bit lower.