The Nasdaq New Highs is showing an almost positive macd. I tend to take a look at the number of new highs everyday and the VXO. When it was a 9 last Thursday it looked like a time to go long. I'm still debating on an exit strategy. I guess we'll have to see how things develop in the next few days.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.