On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.
Blue w-4 is on: (1) as noted ystdy, a sideway w-4 correction is due & today is the first step. (2) I bet that SPX would drop to 4500 zone tmrw, to complete the first series of this consolidation move. (3) if, however, it drops below 4488, then a revisit to 4278 is most likely.
Two Pillars: (1) today, if not for two giant tech stocks, MSFT & GOOGL, SPX would fall 25+ more points, as each contribute to +12 SPX points INDIVIDUALLY. (2) MSFT blasted over a long-term trendline with a huge gap-up. (3) it would be significant if MSFT closes the gap this week.