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By Master Wu Master WU
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.

Daily Review

2022.08.27

MACD: (1) SPX is at 4687 right now--the support line turning into resistance. (2) I don't think the market will blast through it with ease. (3) from the perspective of MACD, it needs at least one more RED daily candle to bend the line even lower, to create enough room for a div.

"Kill Time", Indeed: (1) ever since the orange W-4 mark was put on the chart, the SPX has been "range-bound for some time to digest"-- in fact, more than 14 days after this tweet. (2) I expected a mild 23.6% W-4 correction to "4620 zone" when SPX at 4708. It hit 4630--the zone.

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