Gotta love ZERO RISK in the SP500 = $$$

Nowadays Apple is the other A in FAANG. Who'd a thunk it.

It's trying to get positive on the day but has only made a 50% retracement so far.

The other A Amzn can pulls the Naz but not without help from SOX - which see APPL - might not be happening anytime soon.
 
Absent a few outliers, every significant down day gets the levitation treatment. Even the night of the SVXY implosion in early February, markets "were made whole" by the next day. The problem with it (and by extension everybody who plays this tendency) is the markets never "clear" or capitulate. It's a death by a thousand cuts decline with markets stuck in perpetual limbo.
 
It's a death by a thousand cuts decline with markets stuck in perpetual limbo.

Indeed - which means when the real bear market does arrive it’s going to be endless short squeezes on the way down. That is if it’s ever allowed to actually happen. The powers that be seem all in on this one.
 
2680 is the next zone of resistance. Will be adding some shorts around there.
Less than 3 points off. Added some shorts as I said.

Update to daily chart. We are growing near to breaking out of the wedge formation.

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