S&P 500/ Nasdaq daily chart close 3/8/19-best stock to buy now, what stocks to buy, how to trade stock options

blog logo 700x323 - S&P 500/ Nasdaq daily chart close 3/8/19-best stock to buy now, what stocks to buy, how to trade stock options

SPX is in a 4 day downtrend.  It is very probable we put in a short term low on Friday to now back n fill.  Look for a possible short squeeze early week to test the 10sma.  If we fail there, things will get heavy end of week.

spx 1 700x354 - S&P 500/ Nasdaq daily chart close 3/8/19-best stock to buy now, what stocks to buy, how to trade stock options

The Nasdaq is now in a downtrend, but short term oversold.  Look for some sort of bounce soon.  Very little leaders here, so the bounce comes, we will most likely roll back over

naz 3 700x354 - S&P 500/ Nasdaq daily chart close 3/8/19-best stock to buy now, what stocks to buy, how to trade stock options

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