Market Update

  • SPY - we see the market acting very choppy as the past few days we see very little price action. As we are sitting at the 50% retracement, a break below that would lead us to the 38% retracement to $267.20 this would also coincide with the daily middle bollinger band.


  • TDOC and ZM are one of the more stronger stocks that have performed very well during this pandemic.


  • Zoom reported 100 million users in the past 3 weeks leading to an 11% increase. The MACD daily chart shows a nice setup to the upside.


  • TDOC on the weekly chart shows the price leaving a strong resistance of $172 after 4 weeks of attempting to break this level












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