Thursday Market Wrap- Pay Attention Now

{+++}  In my opinion, the market looks like it wants to be taken out of its misery. Maybe I’m in the wrong stocks. Breadth is horrible. I am like a freak show machine on a daily basis. While most are refilling coffee cups or walking the dogs, I’m looking at daily and intraday charts like a Peregrine falcon. They look bearish and I cant fight the feeling  that we are going lower.

The Russell is being held up by smoke and mirrors here and is working on a massive head and shoulder pattern.


The Nasdaq (QQQ) ……same thing.  If the right shoulder turns down its lights out.


I’m going mostly cash and raising stops. More tomorrow. I don’t like anything I see.





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