NASDAQ Improves in AM but Shows Signs of Reversal

by | May 13, 2020 | Trade Ideas, Weekly Updates

I’m paying close attention to an interesting move in NASDAQ…

We were on an upswing for the last couple days. Monday closed on a high. Tuesday made a new high, but NASDAQ sold off at the close, triggering a trend reversal and moving the index below Monday’s low.

As I write this, NASDAQ has fallen -1% in a matter of seconds and continues to go deeper in the red with every word I write…

In today’s video, I analyze the market over the last few days and discuss what it could mean for today and the rest of the week.

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