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Will S&P 500 Breaks the 4 days Red Streak? - SPY, DIA, QQQ, & IYT

Kristin Alonzo

16-Mar-2018 10:06 AM

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The S&P 500 has completely reset from its pre- hyperbolic move last Friday, see the graph below on 50 DMA .19%gap spread on point.  4 days red streak closing for the ETF.  The stock market overall has lost its luster since February correction, the Dow Jones has been slowly stepping down, the only sector that highs are the technology - which has been decreasing lately - Facebook and Alphabet has lost its glory on record-high themes - the only left standing are Apple, Amazon, Microsoft, and Netflix ( Netflix is micro compared to the 3 market capitalization.)

  • Apple (AAPL) Amazon (AMZN)  Netflix (NFLX) Alphabet (GOOGL)
  • SPY, QQQ, DIA, XLF, XRT, XLE, IYT, IWM, IBB, SMH

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