CHATGPT crashes and Microsoft rejects the 200 day moving average

ChatGPT went down world wide at the open of trading Monday causing MSFT to reject a retest of the 200 day moving average.
This could add more structural problems in VOL since hedged equity and option flows are weakest until next week.
My target is 248 today with an extension possible as low as 245.
These AI fumbles are a good sign that AI is still a slave to human mistakes and errors.
See how this plays out but certainly is a headwind to the bullish break higher in tech
NVDA is another AI moving stock to watch if this is a rejection it may add to an acceleration to the downside.

I'll likely get out of short position if ChatGPT comes back online.
This could add more structural problems in VOL since hedged equity and option flows are weakest until next week.
My target is 248 today with an extension possible as low as 245.
These AI fumbles are a good sign that AI is still a slave to human mistakes and errors.
See how this plays out but certainly is a headwind to the bullish break higher in tech
NVDA is another AI moving stock to watch if this is a rejection it may add to an acceleration to the downside.

I'll likely get out of short position if ChatGPT comes back online.
Dagangan ditutup secara manual
Chat GPT is back online, but with new demand from sellers at the 50%Closed short position for some small gains.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.