4 Distribution days in a week for the NDX Be careful out there, this could be the sign of some bearish momentum. We have been stopped for some positions and are now sitting on 35% cash at the moment. Take care guys !
Note
After a quick correction on the SMA50 NDX and SPX are rebounding and breaking ATH. It seems to be fine to reinvest on some stocks that have shown some strenghts. We stay careful !
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.