s&p been holding on to support ( 50 sma)for dear life.
Bounced off it 5 times now in last 2 days.
If it breaks support. Say goodbye to the market.
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For me, support is a mattress, the more you sit on support, the more it sags, then eventually gives out :(
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AAPL just got over 5m VWAP. If it gains strength, SPX should clear 10sma here confirming long bias. But that 10 and 50 on SPX are getting awfully close. And APPL facing resistance at the 50.
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Come on AAPL. Clear the 200ema on 5m and it will create an upper TL break as well. And the beautiful W pattern.
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