• nasdaq weak use as a hedge position

    Nasdaq Offering a Descent Hedge Play Here

    The S&P 500 has hardly had a down day, and its cousin Russell wouldn’t know one if you slapped him across the face with it.  But take its tech-savvy brother, Nasdaq, and you have someone lost in his ways. While the market keeps scorching higher (okay, “scorching” may be an exaggeration), the Nasdaq has

    By |Published On: June 9, 2016|1 min read|
  • nasdaq breaking

    Today’s Trading Plan: Nasdaq Breaking

    Technical Outlook: Another last minute save by SPX to rally price from negative territory to positive in the final 30 minutes.  This is becoming the norm of late to spend the day in a weakened state only to rally in the final minutes.  Massive head and shoulders pattern forming on the SPX 30 minute chart.

    By |Published On: April 27, 2016|2 min read|
  • testing major support for nasdaq qqq

    Nasdaq (QQQ) Breaking Below Key Support

    Intraday the Q’s took a bit of a hit today. On the daily it is finding support at the 50-day moving average.  But when you zoom in on the 30 minute chart, there is some weakening taking hold and with the break below $104, there is a good chance that we see at least a

    By |Published On: March 10, 2016|0 min read|