S&P500 was on an early washout (-2.9%), before losses were pare to reclaim the week’s low. Net highs/lows deteriorates to -238, while $QQQ is trading at its month low. Bright spot remains in chinese securities as they are trading in isolation from the prospect of deeper economic setback by potentially overtightening. Thanks for reading. PS: If you enjoy the above curated article, you may follow me on twitter (@jeffsuntrading) to get day by day market diary, buying and selling concepts and market updates.
23/12/2022 market diary & playbook
– $SPY internet highs/lows deteriorates -238, $QQQ at month low
– Development shares tumbled vs worth
– RS stays in chinese language securities, remoted from the prospect of deep financial setback by potential overtightening.
– 2 new teams organising pic.twitter.com/ZwNTGiRmcc — Jeff Solar, CFTe (@jeffsuntrading) December 23, 2022
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