to the Moon Alice! afernoon update 3-21-19

Es overnight broke the weekly low in the globex session with low of 2313.75. The nq found support near the lower band on the 60 minute at 7267.75 in the globex session. The Nq never tested the 72349.50 low or weekly low of 7321. Right open the SMH were off to the races lead by MU, NVDA and AMD. The high so far is 190.59 just below the 109.73 high made on 9-04-18. above that there is a 112 pivot. FANG which lead yesterday is taking a break except for AAPL which is loved gain up 6 dollars firmly above the 200 day at 190.65 trading as high as 195. The banks are relatively weaker but has been dragged up with the market with a low of 25.78 and are approaching yesterday lows of 26.11. IYT, XRT HAVE BOUNCED AS WELL. IYT held the 180.45 low. The NQ is at a new yearly high at 7489 and the es is inches from one ( 2858.75)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s