$AMZN gave plenty of warning technically on its mild rally attempt into mid-October, but the real warning was today's break to multi-month lows on above avg volume which happened ahead of tonight's post mkt gap-down This hasn't proven too weak overall outside of short-term churning, & suspect June/July lows (where the stock is trading now) could act as support tomorrow ahead of a recovery attempt into Nov However, similar to $GOOGL, i don't find buying dips all that attractive when met with huge high to low ranges on big volume. They tend to normally be wave 3 moves and even on a mild recovery, i suspect mid-Nov into Nov expiration might prove tricky- Nov 11-Nov 20 timeframe Ultimately, many continue to fail to see the improvement in the broader mkt and are putting too much stock in this minor (granted, outsized) move in Tech these last couple weeks. Did they forget what happened Mon-Wed of this week? Symmetrically, QQQ bottomed Fri 10/16, it bottomed Friday 10/23 and what does it do tomorrow, 10/23? ____ Breadth & positive divergence are key. Stay tuned. @IBDinvestors @Marketsurge charts by #IBD# show great clarity on this minor rally failure & breakdown. but ultimately should prove short-lived.