$BABA – Watch this rising support level off the March lows and whether price holds.
Quite the reversal for $SPY $SPX today.
Recent indicators of spending and production have softened. Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.
$COIN coming up on critical support that bulls need to pray holds.
$UPS retesting breakout support. Needs to hold and bounce.
And with that $SNAP officially loses its long-term support level.
$LRCX clearing significant resistance both short-term and mid-term.
$GME declining resistance being tested today.
$SRG pushing through significant resistance – high risk/high reward play.
$SMH failing to hold the breakout through resistance today.