In addition to your observation there is a confluence of bearish indicators front running Apple results tonight
RASI is still below 500 (388.62)
SPXA200R is at 38.8
US has levelled charges at China through via the demand that Canada extradite Huawie’s CFO ( Chinese royalty)
etc.
Should be an interesting day. LOL
InteractiveSwingTrading
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@golfnut1951, This Huawie situation reminds me of the Archduke Franz Ferdinand assassination. Could be the beginning of a much bigger confrontation. The media is also building this narrative that 5g is a threat to humanity because it could kill people, which sounds like fear mongering. Shows that they are afraid.
RASI is still below 500 (388.62)
SPXA200R is at 38.8
US has levelled charges at China through via the demand that Canada extradite Huawie’s CFO ( Chinese royalty)
etc.
Should be an interesting day. LOL