8/18/2019 Volatility continues as stocks close somewhat lower for the week. No change from bearish forecast for next few weeks.

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Happy Sunday, I hope all is well!

There’s no change to my bearish forecast for the next few weeks. Something interesting to note is that optimism is at an unusually low level, meaning we will likely bounce upwards. Either way, I think we move lower – Below is the weekly chart of QQQ. 

QQQ Weekly 8_18_2019.JPG

Published by bigfry

Hi, I’m Nathan. I’m currently a senior at Boston University majoring in Finance and minoring in Piano Performance. I’ve always found the financial markets fascinating so I decided to start this blog to share my experiences with you. Outside of school and trading stocks, I enjoy teaching and playing piano, fishing, watching anime, and teaching/playing "Go," an ancient Chinese strategic board game. This blog will be dedicated to sharing my trading experience, what I learned from the books I’ve read, and commentary on whatever I feel like.

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