Update on the SPX support and resistance 7/7/26S&P 500SPCFD:SPXJuvenalGomezIn this video I go over my support and resistance levels on both the SPX and the QQQ. I also talk about NOW since I did take it off the table and took profits on the open bell. Something I didn't mention in the video that is VERY important is that a lot of the chip stock CONFIRMED the break down on their charts today! But we also at the same time saw a reversal signal. To me this means were probably going to get some sort of a retrace then go lower on those names we have been following such as STX WDC NVDA LITE INTEL and so on. If we do get a retrace i will b looking to start adding shorts to the portfolio here so stay tuned. I picked up ORCL today and will make a separate video for that chart!