Market Report Oct 27 2022

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Market Report for Oct 27 2022

S&P 500 and Nasdaq Daily Charts

Stock Market Price And Percent Changes

With disappointing quarterly results from MSFT and GOOGL, the market found reason to not find strength and continue the march through their next resistance zones. The S&P 500 failed at its 50MA and Nasdaq Composite failed at the prior pivot. To compound the market negativity for Wednesday, both printed a gravestone doji.

The turbulence may not be over so tighten your seatbelt. Next up AAPL and AMZN.

Let’s go trade!