40+ day UPTREND intact, but things are getting sloppy. We broke the 10sma intraday, and then ripped right back up. MACD is curling lower, but PRICE is still above our key moving averages. These kinds of shakeouts create new leaders and more trading opportunities. Odds still favor 2900 before 2700. Stay long vs your stops.
Naz still looks strong to me. FAANG could lead the next leg higher (late week, or next week). Keep an open mind, and stay long vs your stops.
If you are under performing the stock market with your trades and investments, it is never too late to upgrade to Fitzstock Charts https://fitzstock.com/
Follow me on social media:
Twitter: https://twitter.com/Fitzstock2004
Facebook: https://www.facebook.com/fitzstockcharts/
Linkedin: https://www.linkedin.com/in/david-patrick-a0411110a/
I look forward to helping you meet all your investment and trading goals.
David Patrick
Fitzstock Charts, LLC
Stock trading consultants, historical chart pattern comparisons, key essentials to trading success, trading rules of engagement, learn stock trading, how to read stock charts, stock chart technical analysis, how to day trade stocks, how to get started trading, best stock charts, stock chart analysis, stock options trading, stocks to buy now, how to trade stocks,best stocks to buy, how to trade stock options, technical analysis charts, stock trading charts, stock trading service, stock market update, how to trade options, stock trading charts, stock chart analysis, chart patterns, stock chart patterns.