COVID cases continue to spike higher darkening economic reopening. The consumer data shockingly has collapsed recently - including consumer confidence last Friday and retail sales. Several stocks have also stopped reacting positively to good earnings. The inflation reports remain hot , and Federal Reserve taper talk is everywhere.
Technically, #NAS100 moves in the uptrend channel. Many indicators show the bearish divergence at the moment. The main support level is about 14K, and the key resistance is $15150. Link
