Tech made the largest pullback and turned around today for a strong close as the FAANG (Facebook, Apple, Amazon, Netflix, Google) stocks took the lead rebounding our QQQ and XLK positions which still remain slightly in the red. SPY filled the upper gap we saw yesterday but leaves behind another gap below from overnight, as well as the gap at 400. We may see more chop into next week and stocks gain more footing before heading back up. With such strong price action yesterday and today we have 3 new signals for entries to enter before Monday’s open.
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