Sounds Good Bernard I will not look Long at the Markets until the 100/320SMA is recovered as Support. That is unless they are Nasdaq Longs, as the NDX might finally be retesting it's 100/320SMA support for a Long Calls retest of Support. Might indeed be time for some Nasdaq Longs if it can Hold Support. A good exit trigger for any QQQ, NDX or Nasdaq shorts IMO as a Bounce is likely. Tough for me to hold any positions over the weekend here. Wondering if we will finally get a Full swing out of the MACDs? INDU has moved +20 to -20 already. Keep Rocking Bernard! :^)
LOD type crossovers here All Indices setting up DMI/ADX LOD type crossovers. Getting Interesting to see if the NDX 100/320SMA will Hold Support or Fail. Most likely we get a LOD near EOD and Support? Markets consolidating and closing right here at support would leave everyone guessing for next week so that is what I would anticipate. Not holding any positions here over the weekend. Enjoy the Day Bernard! :^)
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