Right now I think we are in a trading range between the 2 SMA's The Blue 50 is resistance which I think will be tough to break over.
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The Green 10 is support.
Which I think is more vulnerable to break below
Conversation
What’s your reasoning for resistance tough to break support easy to break
I’m playing downside into next week, not sure but I don’t see the 50 sma with a clean break today
Kinda hard figuring out where its gonna go, the market seems unsure despite job reports and amzn earnings
IT held the daily 200 ma which is probably more powerful right?





