Tuesday, December 14, 2021 4:39:09 PM
This is a big red flag warning to me. As on now only 35% of NASQAQ stocks are above 200 dma. The few heavy weighted stocks that are still doing well are all that is holding up the index.
One third (33) on the stocks are negative ytd. 10 are >50%. 26 are between 25% and 50%.
One third (33) on the stocks are negative ytd. 10 are >50%. 26 are between 25% and 50%.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal
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