Exploring the amazing Gardens by the Bay in Singapore…
Momentum stocks have been quietly crashing.
VIX has just closed 5 straight days under 20 and then 5 straight days over 20. This is only the 16th time this has ever happened (data since 1990).
CNN’s fear and greed is at 6, still higher than the low at August, 2015.
调整还需要时间才会结束
SPX chart uptrend from Feb 16 should be important support. That neither means it will or won’t stop there, assuming it gets there. But it is important to know it is a potential flashpoint. 2575-80ish area.
Per SPX monthly, we are far away from a bear market
Russell 2000 is the orphan of indices. RUT IWM. On this leg down it has outperformed. I ascribe it to the fact that it is harder to liquidate positions in its component stocks. To be seen.
NDX is an important index with potential support 6310-6325.
NDX monthly
BA on the edge of long term support
TSLA is a stock I wouldn’t buy w/ your $$$. It broke major support @ 295. The next support is down around 225. Can’t buy it for a bounce (me) but it’s impt 2 know potential support 4 covering shorts.
TSLA bond crashed
AMZN is a bit scary. 一旦亚麻止跌回升，中期调整应该差不多了。
AMZN closed below 50sma, still 13% above Feb 9 low, 11% off the high.
NFLX broke a near term trendline but is way above major support. Tough stock to trade, too volatile and dangerous for most but it’s been a good one (for the bear in me). If it bounces in this area, it should attempt to get back to broken support 295ish.
NFLX at 50 sma
TWTR could go down further to close the gap. If not, it will outperform FB and GOOGL.
BTCUSD 短期看跌，目标在5000-6000左右
