Update – SHOOK THE TREE BUT HELD UPPER SUPPORT

The SPX held support 2917-23 are bottoming at 2924.11. The NDX – the weaker of the 2 broke the 8 day and broke Fridays low of 7742 bottoming at 7726.07 only to recapture that prior low and has bounced to 7774.87 so far today. To me it looks like the low for the day has been made and AAAPL earnings will dictate the next move.

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