Jun 2 2019 - Markets Breaking Key Support

$SPX (S&P 500 Index) opened Friday by gapping below its key 200-day SMA (institutional moving average) and closed near the lows of the day. The 200-day SMA was the last line-in-the-sand for the bulls. The bears now have the edge on the daily and weekly charts. The next major support level is all the way down at the Dec 24th lows. Downside technical targets for DIA, QQQ & IWM are also inside the video.

We also cover the Department of Justice's Anti-Monopoly probe into the tech giant Google/Alphabet (GOOGL). Other stocks covered include AAPL, DLTR, VMW and XRT.

Plus we analyze Gold's spike on Friday via (GLD, SLV, GDX, GDXJ, SIL, NEM).

Have a great week ahead!

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