SPX / Naz close 3/7/19- best stock to buy now, what stocks to buy, how to trade stock options

blog logo 700x323 - SPX / Naz close 3/7/19- best stock to buy now, what stocks to buy, how to trade stock options

Pretty simple stuff. Trade the TREND.  We are now in a 3 day DOWNTREND, after a 40 day UPTREND.   #1 priority remains preservation of capital and huge ytd gains.  Dont pick the bottom, be patient

SPX 3 700x354 - SPX / Naz close 3/7/19- best stock to buy now, what stocks to buy, how to trade stock options

Naz is in a DOWNTREND, with bearish MACD.  Continue to preserve ytd gains from our last 40 day uptrend, and the 11 uptrends from 2018.  Dont pick the bottom, be patient.

naz 2 700x354 - SPX / Naz close 3/7/19- best stock to buy now, what stocks to buy, how to trade stock options

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David Patrick

Fitzstock Charts, LLC

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