AMAZON & Nasd 100 both hit their respective 50 DMA’s at the same time. This is all I was looking for in this move! Amazon over 966 later today will run every short out of the market. Take your money!!!!! … Continue reading
The capital flow should remain negative into London’s close. This will give those that are short the opportunity to take some money off the table into the NASD 100 50 DMA 5631 or 17.75 QID. Look to pay for your … Continue reading
We’re getting back to volatility and bigger mid-week shuffles. Spu’s…double top…double bottom… AMZN…anything into the low 950’s is a potential bounce zone into its 50 DMA @ 950.50. QID…today’s resistance is @ 17.75. The above is a matching level where … Continue reading
Daily Market Intelligence 6-15-17
EWP,EWC,GDXJ need to be monitored for potential topping pattern. MLM is putting in a negative pattern however it would take a close below 229 for a more profit taking. QID…place a 16.72 Stop GTC. (Good Until Canceled) Add 25% more … Continue reading
Still watching this instrument. As long as it remains above the opening range it worth keeping on the books as insurance. In fact a higher close today should have you adding to this position. Nasd/Bonds are trading at its 50 … Continue reading
VIX…looks on track for another trip into the 9’s. QID is trading at my stop point. I’ll give this position a little time, however a strong upside flow after the U.S. opens will have me exit this position and wait … Continue reading
Daily Market Intelligence 6-14-17
I thought it worth a go for the 15-20 cents to articulate a Nasd 100 short Via the ETF. First it has a defined out where the Futures were already trading 20+ points below the breakdown level . What compelled … Continue reading
Time to buy QID the Ultra short Nasd 100 ETF After a retest and a rejection of the weekly Nasd 100 ORL pattern time to give it a go Use a stop below today’s low @ 16.80