Microsoft ran the board last night with a spike above its 200 DMA on the print and then weakness on forward guidance.
It’s currently at the bottom of initial mvg avg support.
Spoo; today’s 200 DMA is 3967.
Daily Cloud support starts @3979 with 3975 needed for a reversal on the 100X3.
All this says is be wary of selling weakness.
The bigger game will be TSLA after the close.
Yesterday’s FRA podcast with Richard Bonugli
I explain the Short Spy/ Long Mexico in the Podcast.