Naz100 futurs. sitting on top of the trendline. could be fake-out breakout or a bullish pullback to the line. I also look at Russell
2000 and transports. very weak indeed, not participating in the party for a long time now. Markets always tell you something.
are you listening?
https://tos.mx/Te2Ip6k
Short QQQ to fill the gap
Started by
skott
, Oct 14 2019 10:50 AM
48 replies to this topic
#12
skott
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Posted 16 October 2019 - 12:35 PM
QQQ never looked as bullish. Still consolidating within the flag/pennant/wedge
https://tos.mx/tO20Quk
https://tos.mx/tO20Quk
#13
skott
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Posted 16 October 2019 - 12:40 PM
really short term look here. obviously 2986-2983 is an important area of support.
https://tos.mx/xe5Gf1Q
https://tos.mx/xe5Gf1Q
#14
skott
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Posted 16 October 2019 - 03:08 PM
Money flowing into money market funds like it did prior to other crashes. Will try and post link to the article and chart later
Edited by skott, 16 October 2019 - 03:09 PM.
#15
skott
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Posted 16 October 2019 - 03:12 PM
Even the Prez is trying to pump the market near all time highs. It backfired on him. He said market will be up big today and tomorrow. Not so much
https://www.zerohedg...oday-they-didnt
#16
skott
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Posted 16 October 2019 - 07:05 PM
Positive earnings surprise from tech giant, market darling, FANG, Netflix after hours is not even helping the Naz100 and the rest of the market.
#17
skott
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Posted 17 October 2019 - 09:03 AM
added one more QQQ short @ 194.07
#18
skott
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Posted 17 October 2019 - 09:11 AM
shorter term cycles are pointing up for this morning. Longer term pointing down. could result in sideways for awhile. We'll see. I
think today's brexit news based rally will fade by days end. just guessing
think today's brexit news based rally will fade by days end. just guessing
#20
skott
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Posted 17 October 2019 - 10:07 AM
gold stocks "SHOULD" bottom tomorrow/thursday. I think a bottom in gold stocks = a top in stock market but obviously no guarantees.
I just wanted to remind everyone that I said this 2 days ago and hit target. It's up from here IMO with possible back and forth.
just guessing. Long term bull
Edited by skott, 17 October 2019 - 10:28 AM.
