Adam-Cox

Recovery dampens covid-19 related gains

NASDAQ:AMZN   Amazon.com
We are seeing a broad and initial recovery out of Covid lead gains and beneficies like AMZN and back into Industrials.

Well defined distribution area and neck line.
With volatility over this transition period..then:

1) Short on pull backs only
2) Exit longs on rallies
3) No new Longs


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