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Big Stage Set for Big Drop in QQQ

Started by DaVinny , Oct 16 2016 05:11 AM

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3 replies to this topic

#1 DaVinny

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Posted 16 October 2016 - 05:11 AM

Dow, SPX and Nasdaq all backtested uptrend, failed and closed at lows on Friday. QQQ technicals continue worsening with double top, and recent history suggest big drop ahead. Watch out for VIX spiking above 17 and all hell get loose

https://wingcapital....g-the-big-stage/

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"The greatest deception men suffer is from their own opinions." – Leonardo daVinci
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#2 kssmibotm

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Posted 16 October 2016 - 06:58 AM

Great charts. Thanks for sharing.

People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.

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#3 Rogerdodger

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26,872 posts

Posted 16 October 2016 - 09:54 AM

MARCH INTERMEDIATE-TERM BUY SIGNALS ABORT

DecisionPoint Scoreboards had significant changes this week. Scoreboards went from very bullish to very bearish in one week.

Edited by Rogerdodger, 16 October 2016 - 09:54 AM.

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.

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#4 MDurkin

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Posted 16 October 2016 - 10:46 AM

http://stockcharts.c...1107832/tenpp/5

55 S&P 500 - Weekly

This is NOT wave 3 of 5

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Big Stage Set for Big Drop in QQQ

#1 DaVinny

#2 kssmibotm

#3 Rogerdodger

#4 MDurkin

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