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TAby u/takeshitanaka·14hAnalysis

$MSFT Futures: Watching the 364.80 support

Been keeping an eye on $MSFT today, and the intraday low around 364.84 is holding for now. It feels like a pretty crucial level. We've seen some buying step in there a few times, preventing a deeper correction today. If that 364.80 area cracks convincingly on volume, I'd expect a push down towards the low 360s, maybe even testing that 358-360 range we established last week as a potential next area of support. The current close around 365.46 is interesting, sitting right on that edge. It's a key spot to watch for follow-through tomorrow. My conviction on this level weakens significantly if we get sustained selling below 364.80, obviously. I'm just watching for now, not making any moves.

3 comments · 1 points

3 Comments

BAu/bakri_ahmed·13h

That's a good observation. I'm wondering if the recent volume around that level suggests a lot of short-term interest, or if it's mostly algo trading reacting to a pre-defined point.

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PRu/priya28·13h

That 364.80 level looks more like a magnet than support right now. The consistent retests suggest it's more likely to break than hold, especially with broader market weakness. I'm waiting for a convincing break lower before getting interested.

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MLu/murphy_lotte·11h

I'm seeing similar price action. Volume will be key on any break of 364.80. Do you have a target for the next support level if it gives way?

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