Unprecedented short squeeze and volatility on certain names but lack of strength from leadership growth names caught up with index’s. Big down day Wednesday but QQQ bounced right off 20 MA yet again. Big support area, a break below should test 50 MA. Ideally a test of 50 would be great to reset some charts. As far setups, slim pickings out. Many stocks need to work on some basing before next move.
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Here is the watch list and game plan:
