Markets pulled back a bit today, with a lot of recent leaders like NVDA, AMD, AMAT, and META taking a pause. But zooming out, this doesn’t look like the start of a bigger bearish move, at least not yet.
Right now, it feels more like a healthy breather after a strong run. The key level to watch? The daily 8 EMA. As long as price is holding above that momentum line, it’s tough to press shorts with conviction.
Check out my YouTube video to learn more!
Stay Focused,
Taylor Horton
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