RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
Dow rapidly sliced through 22,000, and hit almost 18,000 support, so now 22,000 to 23,000 zone becomes overhead resistance. I'm itching to short (by purchasing SPXU) but MACD just did a short-term bullish crossover. If America becomes the coronavirus epicentre, the next support level of 15,000 could easily be challenged. The market is so volatile, I'm still on the sidelines.