Traders Cooperative

[Wishthiswasmyjob]

The QQQ is concerning here....
The bounce over the past month is weak and losing even more strength.

I don't think the masses realize it yet. Volume isn't coming through because many just don't realize how precarious it all is.
They think that, "Ohhh, a bounce is coming - anytime now"...
Blinded by the 12 year, longest bull in history.


Going back to my Elliott wave post and that pattern -
We're very close to seeing us pick up volume and speed to the downside, IMHO....
Instead of just hanging in a range like we have for the past month.

We're ready for another leg down, just like occurred in 2018.

There's just no reason to own the indexes, and playing specific "good future" stocks, like you are, is the best route.