Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 687.70

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Jan 5 4:00 PM EST

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To: E_K_S who wrote (56778)	7/18/2023 12:00:27 PM
From: Johnny Canuck	of 69478

Interesting in that I see a shift to commodity stocks especially energy today and out of tech. It looks like some big traders are re-balancing into value stocks in advance of earnings. I have tight stop losses on a lot of tech high flyer that have advanced potentially too far too fast over the last few weeks. AVGO and TSLA come to mind.

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