$Dow Jones and $SPY 06.27.2023
Good morning...Well, it's a big day to load up today. Mostly because of positive Housing and Construction data. This sector of the economy supports the main movement of people's savings for a long-term period. And it's an investment tool for a lot of people. If we would have bad signs of the economy slowing down for instance or lack of growth. This would fall first. Plus $SPY $TSLA, $AMZN $GOOG, and $DJIA made a good dip to get in again. To sum it up it's time to buy Bears failed on moving down. Many supports on many stocks and main indexes held. This means the stock market has strong intentions to grow. We way past the overbought period which means 449 on and then 480 on $SPY here we come. Check my levels they are still there been tested couple times. bounced from them. Stay tuned for today positions update
$DJIA
$SPY