Time to Short Tech & Long Small Caps?

Time to Short Tech & Long Small Caps?

Tech has been a market leader for many a year, as it has been much stronger than the broad market and small caps. Could this trend be about to change? Whether it changes or not, Tech does face a key Power of the Pattern test, at this time! Below looks at the Nasdaq...
London- Attempting bullish upside breakout, following Brexit

London- Attempting bullish upside breakout, following Brexit

The media seems to be focused on the Brexit issue, with most of the coverage suggesting it was a negative event. Regardless of the media’s focus, prices are attempting to do something in Europe, that could be bullish and surprise a few investors. CLICK ON CHART...
Fear index breaks out, Nasdaq breaks support below resistance

Fear index breaks out, Nasdaq breaks support below resistance

  CLICK ON CHART TO ENLARGE The chart above looks at the Nasdaq 100 and the Nasdaq Fear Index (VXN) over the past 15-months. The NDX 100 continues to create a series of lower highs since last fall. Falling resistance was hit at (1) of late, at the top of a small...