S&P woke up and fell out of bed this morning. This may deviate from the Gartley movement that had been setting itself up last week. The largest drivers of this shift are the continuing decline of major tech stocks like $AMZN and $FB, in conjunction with investors being nervous about the tariffs being imposed by China.
Price movements on Mondays can always be a bit touchy, but due to market sentiment I have provided a supplemental chart.
Feedback is always welcome.
Price movements on Mondays can always be a bit touchy, but due to market sentiment I have provided a supplemental chart.
Feedback is always welcome.
Careful out there cowboys.