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Joseph VanDerveer
Chief Technical Analyst
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Short Opportunity: Nasdaq Weekly Chart With Fib. Spiral At Week 34
Saturday, August 20, 2016 1:09 PM EST
Many traders are frustrated with the current market, sideways to slow melt up process.
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Cup With Handle
Sunday, August 7, 2016 12:24 PM EST
I expect we will have new highs in Dow Jones, S&P 500, and the Nasdaq by next week. This is actually a better set-up to short but does not mean this trio will all make new highs next week.
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STOCKS I FOLLOW
DJI
Dow Jones Industrial Average
NDX
Nasdaq 100 Index
QQQ
PowerShares QQQ Trust Series 1
SPY
SPDR S&P 500
VIX
Volatility Index CBOE
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Short SPY Or QQQ's
Perfect short at the inverted 26 trading day cycle.
In this article:
SPY
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QQQ
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