$Intel(INTC)$ Bears wanted to see a signed contract between Hynix and Intel, but that's not really logical. Good news pushed the price up, and the price is what matters here. I have all the right tools. I could tell the bears how this ends, but they're smart enough to already know.
$Intel(INTC)$ It was down 7.50% and I was actually adding to my long-term position. Let the market makers keep pushing it lower. A short-term drop doesn't matter much to me since I'm thinking longer term anyway. I've been expecting this kind of move for a couple of weeks now.
On the 5-minute chart, this contraction should resolve within the next couple of candles. The key levels here are the 757.55 lower 15-minute ORB, PML at 757.69, 20 SMA at 757.84, and lower daily EM at 757.92. Bulls need a break above 758. Bears need a 5-minute close below 757.55, then confirmation for a signal that $SPDR S&P 500 ETF Trust(SPY)$ could head lower. The lower wicks on the candles show price is being defended by buyers. Volume has increased, which points to positioning for the next session.
$SPDR S&P 500 ETF Trust(SPY)$ The market is down, but statistically there is a decent chance of a bounce on 9/11, since market makers tend to commemorate that day. Even around midterms, the market has usually been up.