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

Category1 1 Minute

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

Advertisement

Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU, and am currently working on a company with my twin brother. I'm currently teaching Go full time, which has been the best job I could ever hope for.

Published

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s