The market was on a roll.
With Every drop bouncing back this week.
Natural that S&P 4000 would ignite some selling? But maybe it was that 40% drop in $SNAP that brought Tech stock back down to reality?
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I’m kind of surprised that the S&P hit the 50 sma today. My guess was it wouldn’t happen until next week. It also took some time for the Nasdaq to hold 11800 support. It bounced only .30% after dropping deeper.