Stock Markets selling off today!!! Up like an escalator , Down like an elevator
I posted these charts yesterday for premium members and reviewed the tops that were forming at Sunday’s Chart & Chat webinar. I’ve been lighter on positions after taking so much profits off the table January & February.
Thought you’d find these charts on the Dow ( $INDU) & Nasdaq ( $COMPQ) COMPX interesting
As you can see as well we went up like an escalator & down like an elevator
That was one of the main reasons why I took so much profit off in January /February since was such a big run that we have not seen in years. Feels really good to be in more cash , since I can re-position my funds now into key levels.
double click to see them bigger & read the notes:
This are the Charts on Dow & Nasdaq from today March 6th as at 12noon EST
Hope you found this analysis helpful,