The failure of the market and AAPL to bounce back does not bode well for the long side of this market. Best to be on the sidelines in cash or a little short.
1 thought on “24th day of QQQ short term down-trend; in cash and short”
Im starting to see a bunch of positive divergences in nearly every indicator. RSI, MACD, etc in the indexes. I will close my shorts if it were me. Especially any ETFs tied to the general market.
Im starting to see a bunch of positive divergences in nearly every indicator. RSI, MACD, etc in the indexes. I will close my shorts if it were me. Especially any ETFs tied to the general market.