Today’s Chart of the Day was shared with us in a note by MarketShark. We call this chart pack, “The Good, The Bad, and The Ugly.” The Nasdaq ETF, $QQQ, is “The Good” because it is the only one whose long-term uptrend remains intact after last month’s historic crash. The S&P 500 ETF, $SPY, is “The Bad” because […]
Chart of the Day -Monday, March 23rd, 2020
170 is the line in the sand for the Nasdaq right now… this level was tested just about every day last week $QQQ pic.twitter.com/VgyenRpNoR — Steven Strazza (@sstrazza) March 23, 2020 Today’s Chart of the Day was shared on Twitter by Steve Strazza (@sstrazza). It’s a daily candlestick chart of the Nasdaq 100 ETF, $QQQ. […]
Chart of the Day -Friday, March 20th, 2020
a lot of people are asking about these tiny little positive momentum divergences in many Stock Indexes & Sectors, but I don't think the question is: "What will happen if they are?" The real question is what will happen if they are NOT?When "divergences" fail, THAT is the signal pic.twitter.com/YiHIYuY9F3 — J.C. Parets (@allstarcharts) March […]
