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Re: NASARAVI post# 67

Friday, 08/03/2018 6:38:21 PM

Friday, August 03, 2018 6:38:21 PM

Post# of 207
NAS - reply to your question about my daytrade QQQ short exited today

see chart #402.2 for the overall tactical reason for the entry timing choice coupled with not able to hold for a lengthy period above the market open high level for QQQ

and yes, the internals for NDX are unresolved at this point how much of a bounce we shall see for these NDX internals

https://stockcharts.com/public/1442871/tenpp/5

good ideas for the FAANG group. be sure to watch the XLK to SPY ratio chart # 923 … see where some of the indicators bottomed this week for this ratio

see the stocks listed in the top 25 components of XLK at Morningstar XLK portfolio composition, which overlap the closely watched Tech symbols

Answer #2 - correct, no A-D line exists for a single stock, such as AAPL

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