As you can see from the latest post from #Randbots https://twitter.com/randbots the SPX structure has changed in the last few days. This is important to notice because some stocks might have started behaving differently in price movement.
Here is an example, F is above TSLA in the YTD performance. Did you notice what has happened in the last 10 days?
TSLA is up 5.5% and F is flat. The good thing is that prices are binaries, they go up or down. Sometimes they can remain in ranges for long periods of time and most trades can get fustraded with that price action.
Here you have the 10 Day Chart
To sum, both the SPX and NDX are moving lower from the recent highs and nobody can predict with certainty if by Friday we will be higher or lower than today’s closing prices.
