Trading Notebook: $XLK $VIX $PACW $SPY $IWM $XLK price level resistance and upper channel resistance pushing back on the $XLK move back to last August highs. $VIX tried to show some life today, but in the end it wasn’t much to get excited about as it closed below declining resistance. $PACW massive sell-off also takes it back to 3/13 lows and breaks short-term support in the process. Has anyone else every seen 27 straight red candles in a row on $SPY. Two hours in, and not a single green candle on the 5 min. Bearish Key support breaking down on $IWM Ryan Mallory2023-05-02T16:30:00-04:00May 2, 2023|