Orderly sell off below 50 MA. QQQ 357 next support area. Market geeing oversold, doesn't mean it has bounce but a panic move down and reversal is a possibility to watch out for. TSLA,META, UPST short runners from watch list.*** Time for a short vacation. There will no blog next week. I will return after Labor day.***
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Check out our watch list and game plan:[caption id="attachment_69238" align="alignnone" width="800"]
TSLA 230 short idea working well. Closed right on 220 support zone. Ideally another flush and buyers show up.[/caption][caption id="attachment_69237" align="alignnone" width="800"]
UPST 30 support needs to hold.[/caption][caption id="attachment_69236" align="alignnone" width="800"]
AMZN Closed right on 20 MA support. If doesn’t hold,50 MA /gap fill area next.[/caption][caption id="attachment_69235" align="alignnone" width="800"]
NVDA Holds 430 support for now. Vulnerable on a break.[/caption][caption id="attachment_69234" align="alignnone" width="800"]
APPL Watching 170 area if gets there.[/caption][caption id="attachment_69233" align="alignnone" width="800"]
CVNA 35 support area.[/caption]
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