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

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

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