There are resting sell stops @ 1607.25 In the Spu’s SSO…77.40 Nasd 100…@ 2935… QQQ…72.12 Closes below these levels will put in ORL patterns. Only closes below the above levels “today” create the environment for a Risk Off scenario. It’s … Continue reading
There are resting sell stops @ 1607.25 In the Spu’s SSO…77.40 Nasd 100…@ 2935… QQQ…72.12 Closes below these levels will put in ORL patterns. Only closes below the above levels “today” create the environment for a Risk Off scenario.
Nasd 100…a close over 2764.50 puts in an ORH week. 2778.50 is near term resistance. This has been consolidating and going sideways for 5 weeks. A close over 2764.50 will have us honor the signal by going Long the index. … Continue reading
Our exit level has been reached. Investors who wish to remain long should use a breakeven stop on the remainder of your holdings.
Sell another 25% @ the market…
Sell 25% of your Long exposure @ the Market.. Again, I’m looking at this as a trade.
Both the Spu’s and the Nasd 100 are attempting ORH days. A close over 1434.50 in the Spu is needed to complete this pattern. Nasd 100…a close over 2728.50 is needed for the pattern. Since the Nasd has had a … Continue reading
Stops for the QQQ will be raised to 64.30 intra-day Nasd 100 Futures…New lows 2622
The S&P 500 needs recovery over 1364 to keep it from trading back to as low as the 1330’s . The Nasd has been holding up, however we see no reason to turn this into a big loser. Raise your … Continue reading