Market Breadth Data******************************

Saturday, February 11, 2017

$QQQ Price and Time Update

The Qs nailed the price and time target set on January 27th. by reaching the 127.6 channel projection. Following a series of new highs, which left a couple of unfilled gaps, Market internals are nearing overbought levels, which usually precedes a sideways/down phase:

Market breadth on the NYSE continues to lag price action of the broader indices, such as the SP500:

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.