divergence between apple and spy
hard to see new lows today with this context
capitulation will happen once tech stocks begin breaking down seriously pic.twitter.com/QawKEVeaTx
— Alessio (@AlessioTMAD) September 26, 2022
Tech stock declines from their highs:
Apple: -16%
Microsoft: -30%
Google: -33%
Tesla: -33%
Amazon: -38%
Uber: -43%
Airbnb: -49%
Adobe: -58%
Facebook: -60%
Nvidia: -61%
Netflix: -67%
Etsy: -68%
PayPal: -69%
Spotify: -70%
Zoom: -74%
Docusign: -81%
Shopify: -83%
Snapchat: -87%— Jon Erlichman (@JonErlichman) September 26, 2022
$AMD
Hope some of you all paid attention when I posted this chart the last few times!For those that asked, this is a excellent example of the volume gaps that I consistently talk about$AMD -8% since that 72 break into the gap, melting like a hot knife through butter 🔪 pic.twitter.com/szJWpgxZaV
— Bracco ⚡️ (@Braczyy) September 27, 2022
June lows ✅
Pre-covid highs ✅$DJI $DJIA $DIA pic.twitter.com/1SPb9dMZLd— Ian McMillan, CMT (@the_chart_life) September 26, 2022