Some volatility , not surprising given how extended QQQ was from nearest base. 20 MA hold and bounce. 20 MA short term line in the sand for now. Big earning from AAPL, MS, GOOG, AMD after hours. Market action will depend on the earning reaction from those names.
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Trading Watch List 07.18.2021
Few big-cap tech names that were propping up the market finally rolled over taking QQQ along with it. Things beginning to be challenging for bulls as down-trending names are not catching any real bounce and now that handful of up-trending names rolling over, they have some room to fall before any real support. Staying nimble. Scalping/day trading in-play both long and short. Earning season starting this week, might provide a catalyst for the market, up or down.
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