Amazon appears to be stalling at the highs. As the sp500 moved higher big tech seems to be stalling out at the highs. This is usually a very good sign that a major market crash is down the line (this year).
Over the next few motnhs we are going to see huge swings/volatility in the market and amazon is going to lead the way imo.
I will be looking to short the tops and only potentially buy the dip if it is at major weekly demand zones lower.
Short bias for now Ninja's! :)
Over the next few motnhs we are going to see huge swings/volatility in the market and amazon is going to lead the way imo.
I will be looking to short the tops and only potentially buy the dip if it is at major weekly demand zones lower.
Short bias for now Ninja's! :)