Flat day in the market but managed to close almost at the high of the day.
No follow through from bears even after earning miss from tech leader Amazon. Many of our bounce plays, NVDA, YY, BZUN,IRBT worked out for decent trades. SPY support now is Thursday’s low, and resistance at 247.06. A break below Thursday’s low might test 20 MA 245/244.80. Healthy basing action so far to relieve overbought action.
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