Using AAPL as ref -- don't see a daily close above $115 -- no new highs -- short-term-traders will close position to determine bottom of downtrend channel. Currently through wave C minor [wave 3 of 5 minute] -- downward continuation confirms larger (major) wave cycle retrace.
Get liquid and buy back at a wicked discount. Looking at 0.5 fib to test. Dabbing H&S - 240m & above - BTC, ETH, DJI, SPX, GOOGL, AAPL, NDX
"Market reaction to POTUS having COVID" is a load of __. This was going to happen. You can't redline into the price ceiling. HypervaluedAF. Fed buying up corp debt since March despite pandemic is a crutch 'bout to break.
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