$NASDAQ $Apple $Amazon.com $TESLA
Webull family, this is warning about the state of the markets. We can see the big tech all similar in price action and closing below the 200MA On the 1hr, which indicates that the bears are still in control. Now these moving averages will act as resistance and if we get rejected we will resume a downwards trend and ultimately fill the gaps from early august. This doesnt mean we cant see a bounce back up tommorow but looking at the technicals, this is likely a dead cat bounce and potentially more downside coming. So lets wait and look for a better buying opportunities at lower prices.
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