Day 2 of $QQQ short term down-trend, not out of the woods yet; $AAPL weakening, the leaders top out first as the prior laggards rise

GMI4/6
GMI-23/8
T210868%

Time to be defensive, buying the oversold dip/bottom is not working. This is still post-earnings period when the market often drifts or weakens. Mid to late March may be the start of next earnings anticipation rise. AAPL is on the verge of entering a daily BWR down-trend.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.