Is today the bottom on the recent stock market sell off?
Will we retest 200DMA on some of these big sell offs like Bitcoin, Robinhood, CoreWeave?
Friday's market saw a rebound with the Dow Jones Industrial Average advancing 963 points, or 2%, and the S&P 500 adding 1.5%, reversing earlier losses driven by technology stocks. Key tech stocks like Nvidia and Microsoft saw significant gains, while Amazon shares fell 8% due to lower-than-expected earnings and high capital expenditures. Consumer sentiment improved as inflation expectations eased, and the Dow reached a new all-time high.
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