SPDR S&P 500 (SPY)

[learningboutinv]

Lefty, you're right. Stick to the trend. That's the point of trend-trading. Thanks for the reminder. So with that said, $INDU, $SPX, $MID, and $RUT (Surprisingly the strongest of the 3) should be buy the dips until renko says otherwise.

However, $NDX/$SOX is pretty weak. Neither have even printed a white brick yet. QLD is what I typically trade and I use 1.75 pts on the daily chart because the price moves much more than MVV and is $3.5-$4 from hi/low typically in a day. May be that will change tomorrow since NDX futures are up as we speak from AMZN earnings. QLD needs to get above $73.50 and close at that level to print the white/up brick.