Market Bias & Favorite Ideas - 9/28/22
Market Bias: Bull chop
Favorite Ideas: Long - LLY, SAVA, NFLX, JNJ. Short - AAPL, SAND, MT, QCOM, TSM
The SPY is at resistance near the 360 area which has held the past three days as well as back in mid June. I think it is more likely that we get a bounce before breaking down lower. The bounce will not be smooth however as 370 has been sold into heavily for the past two days. The SPY looks higher in the pre market. Be careful off the open and let the market show you its hand.
Remember, Money Management is your #1 job!
Favorite Ideas: Long - LLY, SAVA, NFLX, JNJ. Short - AAPL, SAND, MT, QCOM, TSM
The SPY is at resistance near the 360 area which has held the past three days as well as back in mid June. I think it is more likely that we get a bounce before breaking down lower. The bounce will not be smooth however as 370 has been sold into heavily for the past two days. The SPY looks higher in the pre market. Be careful off the open and let the market show you its hand.
Remember, Money Management is your #1 job!
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.