SPX SHORT prediction · garethsoloway · Miss

Microsoft was flatish going into the open, it started to sell off just before the open, and is down over 5%. Okay. Amazon was up. Look at this, right into massive resistance. High pivot, high pivot, high pivot. I even talked about this in my trading game plan this morning about how I expected this to sell off. I even did an article about it. Look at the fall on that. That is a huge fall on Amazon from the highs. In fact, if we look at the highs today, from the high of the day, Amazon is down to the lows was over 6% reversal intraday. It's bouncing a little bit as the Nasdaq has bounced. And then of course, we have Google here, uh or Alphabet, which is the one that's still holding its gains. But look, it's the only one here if you compare this to Amazon. Amazon hit its level. This one hasn't. I still think there's a little bit more upside to about 380 on Alphabet before this tops out. But that's an impressive move on Alphabet up about 7% on a 4-plus trillion-dollar market cap company. And again, it still has a little bit more juice to be squeezed out

Channel

garethsoloway

Prediction date

2026-05-13

Horizon

2026-08-13

Instrument

SPX · SHORT

Verdict

Miss

Outcome

<strong>Miss:</strong> <span class="num red">P/L -832.0%</span> · <span class="num red">vs SPY -353.0%</span>

Source: Source · 04:37 ↗