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NASARAVI

07/31/18 11:02 PM

#49 RE: rimshot #47

RIM - July 31 update

Lessons learned on when to hold and when to fold

1. PMOAZNDX - 71 red elder and below ma 34

2. ADLINE NDX - at 661.90 turned up and above ema 19 - watching if it goes above ema 3/5

3. % BB NDX - 21,2 is now above 0.5 at 0.52 and turned up

4. MCOSCNDX - at -30.15 turned up

5. MCSUM NDX at 677.10 still red elder delayed signal

6. MCOSCNAS at -33.45 turned up ( had same low as June 27 and July 30)

Takeaway

Got out short SQQQ this am and went long TQQQ holding 100 shares
Price held ema 50 and sma 50 area
NDX MCOSC had higher high compared to flat on MSOSC NAS
Did not notice similar low outside LBB on NAS so put MCOSCNAS on NDX chart as well
TQQQ put in a print bottom and turned up
AAPL earnings played 10 shares holding