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$NTNX $CDNS
Market
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a3ff445f-1c69-484f-a94e-4f94d1ac9dbd/image.png?t=1705528823)
A short break from the move up, but good price action
The market took a break today with all 3 major indices lower but there are sufficient buyers as well because a lot of the dip got bought.
Short term we are above the 5 day moving averages - positive for the market.
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![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/2b89e824-d614-4bbd-8a46-916b73a75556/image.png?t=1705528955)
Every sector took a break lower today
Video of the day
Good Setup for Swing
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/840812c1-8877-40e2-8752-2fea0dcdbea0/image.png?t=1705529223)
$CDNS Cadence Design Systems
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b582cefd-1e4b-4fb4-b417-c0d348b25da6/image.png?t=1705529259)
$NTNX Nutanix