Midday Missive

Rally to nowhere!

Both the Spu & Nasd 100 just retested their respective Qtrly ORL #s.
2698.50 Spu

6987.50 Nasd 100

Until you see closes over these levels you don’t have a bottom.

AMZN rejected its 200 DMA @ 1665 once again.

Amazon has to take some leadership.

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