Read more about the article NFTRH+; Bear Flags

NFTRH+; Bear Flags

I've been writing the words "bear flag" pretty frequently lately with regard to the various bounces going on in some stocks. Below are a couple of pictures of bear flags…

Comments Off on NFTRH+; Bear Flags
Read more about the article QQQ Setup Much Like February

QQQ Setup Much Like February

Check it out. Big Tech is in a similar posture to the pre-crash breakdown and retest of the broken EMA 20 and SMA 50. RSI and MACD are in negative…

Comments Off on QQQ Setup Much Like February
indicators

Market Leadership Indications

The over valued growth area known as the Cloud (w/ SaaS software and all that remote collaboration stuff) has been a leader out of the March crash, leading broad Tech…

Comments Off on Market Leadership Indications
Read more about the article QQQ Bearishly Engulfed Just Below Gap

QQQ Bearishly Engulfed Just Below Gap

Regardless of whether or not the gap will fill, risk is... well you know what risk is. To make matters worse, QQQ (along with NDX, SOX and SPX) painted a…

Comments Off on QQQ Bearishly Engulfed Just Below Gap

QQQ Bear Flag?

This is my largest single equity position. That's the qualifier. It is bouncing as expected per our 60 minute charts reviewed each afternoon lately, but... Let me tell you what…

Comments Off on QQQ Bear Flag?
Read more about the article Here is Who is Not in Trouble: QQQ

Here is Who is Not in Trouble: QQQ

See, the chart below says so. It says 'higher highs and higher lows' intact, despite Trump, Amazon and the death of big Tech. Anyway, QQQ could easily go in the…

Comments Off on Here is Who is Not in Trouble: QQQ
nftrh plus

NFTRH+; QQQ Setup

With all due notice that the market is in a long-term uptrend and remains bullish, the Nasdaq 100 (QQQ) continues to look vulnerable to short-term correction as we noted in…

Comments Off on NFTRH+; QQQ Setup