S&P 500 / Nasdaq daily chart close with notes 3/11/19-learn how to trade stocks, how to trade stock options, how to read stock charts

blog logo 700x323 - S&P 500 / Nasdaq daily chart close with notes 3/11/19-learn how to trade stocks, how to trade stock options, how to read stock charts

Another OPEX week, with no memory of the previous week.  We close in NOTREND.

-Odds are we test high of year without MACD, and things get sloppy again.  Either way, a ton of longs setting up soon.

2019 has a 40 day uptrend/ 5 day downtrend and now NOTREND

SPX 4 700x354 - S&P 500 / Nasdaq daily chart close with notes 3/11/19-learn how to trade stocks, how to trade stock options, how to read stock charts

The Nasdaq was strong today, and there was a ton of relative strength in FAANG stocks.  I trade QQQ calls and AAPL long.    Now we are in NOTREND, but stops above are now the magnet again.

NAZ 1 700x354 - S&P 500 / Nasdaq daily chart close with notes 3/11/19-learn how to trade stocks, how to trade stock options, how to read stock charts

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/ 

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David Patrick

Fitzstock Charts, LLC

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