TA on SPY, QQQ, and XBI

Discussion in 'Technical Analysis' started by TrendSpider_Jake, Dec 9, 2018.

Is the market ready to find a hard bottom at long-term support or break right through?

  1. Hard Bottom Forms

    1 vote(s)
    50.0%

  2. Panic Will Ensue After Breakdown

    1 vote(s)
    50.0%
  1. TrendSpider_Jake

    TrendSpider_Jake Sponsor

    A look at the broad market ETF's into next week. Screen Shot 2018-12-09 at 10.16.18 AM.png Screen Shot 2018-12-09 at 10.16.59 AM.png Screen Shot 2018-12-09 at 10.15.50 AM.png
     
    #1     Dec 9, 2018
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    murray t turtle likes this.
  2. murray t turtle

    murray t turtle

    %%
    SPY, QQQ are below 200 dma, 202 day moving average also.:cool::cool:Not sure why Art Cashin noted 'buyers boycott'' , last week, maybe he means QQQ . SDOW is not as liquid as SPY, QQQ , but some buyers like it=above 200dma.Not a prediction, not bank insured-but that is Ok ,doesn like C, or BAC are in any position to insure anything
     
    #2     Dec 10, 2018
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