AMZN arrived to the Top of the range and starting going lower. To me seems a clear phase C of the Wyckoff model, it means that the Top is IN. And as you see energy and basic materials sector making the blow of top it confirms the sector rotation during a market top in an early economic recovery.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.