$SPY $SPX $AAPL $QQQ -- Hate to say it but this shitty mc shitburger of a company $W looks like its bull flagging... disgusting.
Facebook has seen a lot of mixed signals in play. Recent analyst upgrades due to Ad revenue have come at a time of extreme public resentment of FB. Every week more troubling news is adding to the PR fiascos for FB. today alone saw UK and New Zealand hint at fining FB and another story about criminals openly selling CC numbers, SS numbers, etc in public FB groups....
We are witnessing a softening in the market. The Dow Jones Industrials appear to be a mixed bag. Buying blind is NOT the strategy at this point - it worked for 10 years, now the easy money has been made. As suspected, the mid-term elections have not been without incident, and investors are naturally cautious. Many big stocks are confirming bearish topping...
Every meaningful level of support has been breached. Major moving averages are all rolling over. Might make another push for that .618 line at $324 but this looks headed for $288 and fast. Look out below.