50 D-SMA did not hold for SPX as I thought it would, however, I could see BM was just pushing indices down to shake weak longs to sell and trap premabears to short. Major indices were down between 0.50% to 1.0% while nearly all high beta stocks (AAPL, AMZN, BIDU, CMG, FB, GILD, GOOG, ISRG, LNKD, NFLX, TSLA ..) were up.
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