Market remains resillent as $MGK names pare early losses of -1.6% to close with a -0.3% loss. The recovery effort assisted all cap weighted and equal weighted major indexes to close at their day high, affirming the bounce off the rising 10-MA of $RSP $QQQE and $EQAL. Strong showing from $BTC miners and Crypto related names are reflected in the leading moves from $WGMI +9.53% $BITW +3.7% $GDLC +7.8% groups.
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11/4/2023 Market Diary
-Market remains resilient as $MGK pare early losses of -1.6% to close -0.3%.
-Recovery effort assisted all cap weighted & equal weighted indexes to close at their day high, affirming the bounce off rising 10-MA support in $EQAL $RSP $QQQE
-Strong… pic.twitter.com/YMSd0hg5PM
— Jeff Sun, CFTe (@jeffsuntrading) April 11, 2023
