21 May 2020 (Thu)
Daily Digest Overall Market Sentiment and News Unemployment - Unemployment claim worse than expected but there is recovery trend Flash Manufacturing PMI - Slight better than expected. Improving trend. Market - No market mover news. Price Action SPY - Just broke EMA200. Premarket gap down, trend up. Sideway. QQQ - In the middle of range. 2.5% more to ATH. Premarket similar to SPY. Sideway. IWM - Near resistant@135 and EMA100. Premarket similar to SPY. Sideway VIX - Near EMA200 support@28. High chance will bounce up lead to market sell off. GLD - Yesterday hit ATH. Now pull back closer to EMA20. USOIL - Very good strength trending up steadily. QQQ Components 11.92 MSFT - Recent 3 days sideway in range of 185. 2.9% more to ATH. 11.19 AAPL - In the middle of range. 2.6% more to ATH. Similar to QQQ 9.58 AMZN - Broke ATH@2475 3.98 FB - Broke ATH and continue gap up due to new feature launch FB Shop. 3.96 GOOGL - Going to break previous high or for