gbis
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0Joined Apr 16, 2014
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I am not trying to predict anything except a large, dramatic move. This is a weekly chart-look at the daily. Look at the monthly. Am starting to wonder if money flow to tech to protect is where the money flow will be,,,
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SPX500 is at Resistance established since the beginning of 2014 and is overbought. The MACD Histogram is declining, the Russell has been languishing, and the QQQ and the Dow are at Resistance as well. Even if the SPX only goes to the 100EMA like it did in April, we are still looking at 75 point drop to 1856. Finally, for now, yesterday closed with a right proper...
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