Entries by Alex - Chart Freak

9-13-2018 Oh Please!

If I could ask for 1 wish  pertaining to the markets, that I thought would benefit many people,  it would be...

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QQQ - At  this time, the 50sma is still holding up the QQQ as support again. The markets sold off on Wednesday , but fought there way back again. Volume is heavier on the downside than the upside, so it needs watching.

 

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SEPTEMBER 6TH – Mixed Again

I have been expecting a pull back in the General Markets, but notice what happened on Wednesday...

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NASDAQ - That had a pretty good size drop and the volume increased.  Also look at 3 month daily charts of  TWTR, FB, GOOG, ( Even AMZN yesterday) , SQ, etc.  They are dropping from the highs, so ...

It looks like the pull back has started, however,

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DJIA - The DOW closed higher with increasing volume.  Interesting, and ...

 

 

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