SPDR S&P 500 (SPY): remember, QQQ+IWM must weaken for SPY to...

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Thursday, 02/19/2015 10:49:13 AM

Thursday, February 19, 2015 10:49:13 AM

remember, QQQ+IWM must weaken for SPY to drop!

Any one of those shows strength and there is NO downside!

I did tell you so!

As you can see not one but both are green, and QQQ in particular which I fully chart for my trading, shows no weakness whatsoever.

So yeah

Valuations scream stop. On that account alone (forget economy BS) I bet it will correct with a vengeance. That's all I can say.

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