This chart is the monthly chart of % of stocks above their 200 Day Moving Average and when it gets to these levels the market will reverse direction. Greed is at extreme and the RISK greatly outweighs the potential return on a portfolio. Now would be the time to tighten up stop losses, reduce positions or outright sell positions as the market is vulnerable to...
THIS IS NOT FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH
THE QQQ IS ON THE VERGE OF A SELL SIGNAL (RED ARROW) IF PRICE CLOSES AT OR BELOW THE CURRENT PRICE. NASDAQ:QQQ
This is not FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH!
Despite the face ripping rally yesterday SPY generated a SELL signal (RED ARROW) and has given back all the gains from yesterday.
