[isatrader]

➜ For the watchlist from Mondays scans:

ABBV, ADBE, AEHR, AFRM, ANET, APP, ARCH, ASAN, AVTR, BILL, BROS, CARS, DENN, EXTR, FANG, GOOGL, HOUR, IGT, INFY, MDB, MSFT, NET, NVDA, SIMO, SNOW, STX, SU, TEAM, TSLA, TSM, TTM, TWI, ZIM, ZS,

Financials & energy stocks that led last week pulled back today, but beaten down Technology stocks caught a bid midway in the day as the Nasdaq tested the 200 day MA for the first time since early 2020 today. So numerous tech stocks highlighted tonight to see how they react.

For the individual daily charts go to the private twitter channel at: https://twitter.com/Stage_Analysis/statu...1640964100

   

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A flush at the open and bounce today in many areas of the market as the S&P 500 tested trendline support. Nasdaq Composite tested the 200 day MA and Russell 2000 tested lows of the recent range.

Potential Day 1 of a swing low, but all major indexes still below 5 day MA so far.

The next few days will give crucial information on the strength of the market. Last Wednesday's significant bars are the key near term hurdle if we get a rally attempt. But if it can't rally and Nasdaq falls below the 200 day MA then things could get ugly fast. Stay nimble.