Always crystal clear in the retrospectometer. NQ making new ATH daily while the small caps and broader market swoon.
Fewer and fewer issues carry the index to nosebleed heights, see how RSI weakens at each new high... this is the end of the run.
May not lead to a crash scenario, but lower prices and persistent weakness are likely over the near to mid term imo.
A zig-zag pattern may emerge, a bearish move may be provoked by FOMC disappointment.
Fewer and fewer issues carry the index to nosebleed heights, see how RSI weakens at each new high... this is the end of the run.
May not lead to a crash scenario, but lower prices and persistent weakness are likely over the near to mid term imo.
A zig-zag pattern may emerge, a bearish move may be provoked by FOMC disappointment.
Comment:
Wow, meltup from Hell. Short-killer!
Comment:
Soon. Loading SQQQ. In Feb SQQQ $12 calls.
Trade active:
End of the road, champions. Rejection at 4900. QQQ cracked EOD. Game over, for now.
Trade active:
What joy! A retest affording another short entry. Loaded the Short Line. Get ready for Big Red Candles.
Comment:
Pretty clear Bear Signal, imo.
