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NinjaTradingServices
Apr 22, 2021 12:51 PM

BIG TECH FAILING? (AMZN) Short

Amazon.com, Inc.NASDAQ

Description

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! :)
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