QQQ, SPY, IWM & $VIX Analysis (video)

The near & intermediate-term outlook for the stock market via QQQ (Nasdaq 100 ETF), SPY (S&P 500 ETF), IWM  (Russell 2000 Small Cap ETF) & MDY (Midcap 400 ETF) as well as analysis on the $VIX volatility index. Click the setting icon at the bottom right of the chart if you wish to increase the playback speed of the video to shorten the duration.

Aug 17, 2017 1:38pm|Categories: Equity Market Analysis|Tags: , , , , , , , , |Comments Off on QQQ, SPY, IWM & $VIX Analysis (video)

Small & Mid Caps Break Down, Large Caps On Deck

Both the small caps (IWM) have already broken below their primary uptrend lines off the early 2016 lows along with the mid caps (MDY). While both closed at support yesterday, IWM appears to be headed down to at least the 133.50 area with MDY poised to fall to at least the 305.35 area once the support levels just below give way (likely soon). Props to member @irawood for pointing out those trendline breaks in the trading room as I have been largely focused on the large caps lately, particularly the Nasdaq 100 (QQQ). Unlike the small & mid caps, [...]

Aug 10, 2017 9:10am|Categories: Equity Market Analysis|Tags: , , , , , , , |3 Comments