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#$SPX is an active hashtag on Bluesky. In the last 30 days, 41 people shared 217 posts with it β around 7 a day. Activity is down 18% versus the previous week, peaking on Jul 27 with 15 posts.
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Aug 7 β $SPX needs to get over 7745, which served as intraday resistance to move back up to 7760, 7790, 7809, 7860. For downside 7700 needs to break for a possible retest of prior ATH at 7620. If 7600 breaks, could be a rotation back down to 7580, 7550, 7515.
We'll eventually see a rotation back into Chip and memory stocks as well. $MU through 930, $SNDK through 1400 will set up for a bigger bounce this year. WAIT for those levels. I'll post my plan and charts on Sunday, HAGW everyone!! π«‘
$NVDA leading chip stocks today, NVDA to 232-240 range can come if it forms a base above 222 $MU lets see a red to green move.. Continue to watch 930.. big breakout level for a move to 1000
$MU gapping above 900 if it holds the 900 level we can see 1000+ 930 is a hard resistance so keep an eye on this level.
$QQQ dropped from 728 to 708 since yesterdays highs. If QQQ fails to defend 712 tomorrow it can pull back to 706-708 range again.
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