Is BIIB worth buying here which is at support level now?

can you post sentimental data?

Mat,

  Is spy has big positive divergence in MACD and RSI? Do you think we should have some rally before any sell off?

Do you sentimental data today?

SMH 30 min chart

If smh could clear its resistance in my chart...we should see it rally into 28.40 area.

thanks for sharing...

anyone know why shipping sector got hammer today?

Dell got tumbled in AF as well. We should see some selling on $nadaq

Seeing negative divergence forming in major indexes on 5 minutes interval...Let's see it play out here.

Seeing negative divergence forming in 15 minutes chart for QQQQ

UNG got hammered here.

what is PPT indicator?

Dollar has some strength in the morning...Now OIL & GOLD is down quiet bit. Any comments on OIL and GOLD? more downside on commodity.

In weekly chart of QQQQ, it looks much better...So i think one more flush down on QQQQ, we could start another leg up...For now, I like to keep things light

QQQQ break last couple session high...It is hard to tell now...my signal still point downward in daily chart.

as I see $compq  formed double top with negative divergence  in 15 minutes chart. let's see how it play out.

SPY chart

We are still in no direction yet. But i think odds still favor more downside.

With MACD crossed down in daily charts, so as other indexes...

Likely we could see some sideway bounce to work off the oversold condition...Then setup another leg down..

Comments are welcome!!!!

QQQQ Chart

It has all the sell signal.

QQQQ has pretty good resistance here around 47.30(weekly pivot point) - 47.50 resistance

qqqq chart

UNG Chart

thanks matt...I will see how we close up on the week...still believe it will touch 46 area before small rally on the way...

why you think QQQQ is bullish? I think it will fall into 45.80-46 area...