Tomorrow I'm neutral on the market.
The s&p is above the 50 sma but the market didn't trdae strongly today.
Even when the s&p was up 20 it was basically Dow stocks, Energy, Big pharma and retail trying to drag up tech.
Being careful because any drop below the 50 sma means short
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On what timeframe is it above the 50 SMA? Didn’t even manage to stay above the 9EMA on the daily 🤔
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