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docibby
May 17, 2016 8:55 PM

NASDAQ100 - looks bearish, despite Apple news.... Short

US 100 IndexFXCM

Description

We had the Apple ( AAPL ) news about Berkshire buying.....I thought there might be a stronger bounce, including Nasdaq100. But on the weekly chart it is still looking quite bearish.

Maybe it is best to get out of tech for now and to buy again later this year, e.g. during Oct.-Dec. - from lower levels.
Comments
Reekardo
consolidation for sure.... look at the 13 day bollinger tight
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