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Daily Note

Stall Or Fall?

Apr 21, 2020

Thomas Thornton

  • Will this be a stall or fall after the recent DeMark sell Setup 9's?
  • We will probably know more tomorrow if today's lows are broken or held
  • The 60 minute SPY, QQQ, and IWM charts with a single line 13/34 MACD are nearing sell signals
  • I am taking off my NFLX puts with a small gain ahead of today's earnings
  • The PPO monitor is showing all ETF's now back under the 10 day moving average
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