Every FAANG stock has some sort of pennant continuation/reversal pattern going. Not really sure which way they want to go, but there will be a huge move next couple of weeks in one direction or another.
I really don't see a compelling reason for the market to rally anymore, but who knows... the algos can pump the crap out of the market with futures overnight, individual investors and fundamentals mean nothing anyways.
Indicators seem bearish, but that's never stopped the market before.
I really don't see a compelling reason for the market to rally anymore, but who knows... the algos can pump the crap out of the market with futures overnight, individual investors and fundamentals mean nothing anyways.
Indicators seem bearish, but that's never stopped the market before.
ملاحظة
Note: GOOGL, AMZN, and FB threw reversal dojis today while NFLX and AAPL look like they want to go up. So it's a guessing game.Same with the rest of the market, some stocks look like they want to tank while others look like they want to rally. I'm taking the safe bet with cash right now, will day trade on pumptarded days like today.
ملاحظة
Futures are up, looks like they're gonna play the FAANG stock pump game again.ملاحظة
Broke the trendline...
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