Market pounded yet again. Nasty bid less close below March low. QQQ next physiological support at round number 300, SPY 400. At this point market really needs few days of panic type wash out to find a meaningful bottom instead one up, 2down days and a up day cycle. Hard gap down likely catches a bounce after open but might get faded. Gap up open most likely gets faded.
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Check out our watch list and game plan:[caption id="attachment_65607" align="alignnone" width="800"]
NVDA Weekly 180 support. If gaps down to 180, see if it can catch a bounce.[/caption][caption id="attachment_65608" align="alignnone" width="800"]
DOCU 80 break and stay below might test the lows.[/caption][caption id="attachment_65606" align="alignnone" width="800"]
MDB Short watch on intraday setup.[/caption][caption id="attachment_65605" align="alignnone" width="800"]
MOS Closed below 50 MA support. Short watch on intraday setup.[/caption][caption id="attachment_65604" align="alignnone" width="800"]
RIVN Vulnerable if stays below 30.[/caption][caption id="attachment_65603" align="alignnone" width="800"]
SQ Short watch on intraday setup if stays below 100.[/caption][caption id="attachment_65602" align="alignnone" width="800"]
BABA Gap up and 50 MA rejection. Short watch, Ideally on green to red. PDD Same idea.[/caption]
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