For the day the SPX/DOW were -0.10%, and the NDX/NAZ were -0.15%. Bonds lost 10 ticks, Crude dropped 95 cents, Gold slipped $7, and the USD rallied.
Short term support is at SPX 1991 and 1973, with resistance at SPX 2011 and 2019 . Short term momentum dropped from overbought to oversold today. These are short term levels.
I took a partial profit today on CODE +16% and partial profit on AMBA today +6% and the latter reported good earnings after the close and is higher by another 8%. Congrats if you’re holding.
I have nothing new to report tonight and we wait for the jobs # in the morning.
See you in the morning.
Joe