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	Comments on: Early-Session Market Analysis 5-6-22	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Fri, 06 May 2022 17:37:12 +0000</lastBuildDate>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/early-session-market-analysis-5-6-22/#comment-23794</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 06 May 2022 17:37:12 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/early-session-market-analysis-5-6-22/#comment-23792&quot;&gt;yahoo&lt;/a&gt;.

If the bears win today (and/or next week) by solidly closing below the recent lows, then I suspect the market will get the proverbial &quot;Go To Jail&quot; card (Do not pass go, Do not collect $200) with that being a fairly straight shot down thru the 299-300ish support but first things first. As of now, the bulls still have the potential for a stick save today (daily &#038; weekly candles) which would keep the divergences intact &#038; could trigger a massive short covering rally. Less than 2 1/2 hrs to go... Tick-tock-tick-tock...]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/early-session-market-analysis-5-6-22/#comment-23792">yahoo</a>.</p>
<p>If the bears win today (and/or next week) by solidly closing below the recent lows, then I suspect the market will get the proverbial &#8220;Go To Jail&#8221; card (Do not pass go, Do not collect $200) with that being a fairly straight shot down thru the 299-300ish support but first things first. As of now, the bulls still have the potential for a stick save today (daily &amp; weekly candles) which would keep the divergences intact &amp; could trigger a massive short covering rally. Less than 2 1/2 hrs to go&#8230; Tick-tock-tick-tock&#8230;</p>
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		<title>
		By: yahoo		</title>
		<link>https://rightsideofthechart.com/early-session-market-analysis-5-6-22/#comment-23792</link>

		<dc:creator><![CDATA[yahoo]]></dc:creator>
		<pubDate>Fri, 06 May 2022 15:46:52 +0000</pubDate>
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					<description><![CDATA[Everybody is watching $299 &lt;span&gt;QQQ &lt;/span&gt;level laser focus.  IMHO, I think it will have a very little resistance @ $299.]]></description>
			<content:encoded><![CDATA[<p>Everybody is watching $299 <span>QQQ </span>level laser focus.  IMHO, I think it will have a very little resistance @ $299.</p>
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