CAUTION: IF QQQ's Roll Over the Markets Could Follow

22 Nis 2016

Googles earning were well below expectations and may take down the Nasdaq 100. Watch GOOG and QQQ's for direction. S&P could react and follow. Best to wait and react to the movement and not be long or too short in this market. Watch for a break around 109. If we close below this level look for shorting opportunities going into next week.