Recent: slopechart_QQQ.jpg

QQQ 

Lemme curse the day for the bears. 

A while back I slapped the 8 and 21 EMA on this bad boy, mostly because Shadowtrader likes them, and I thought I would try them out. 

We have tested, crossed up, and blew out the bottom of said averages about 8 times in 4 months. That's not remarkable, really. MAs kinda suck in sideways markets.  

Anyway, I said all that because, even with futures raging -2%, I can't get overly excited. 

Why not blast off to 640 again? We have all the ingredients needed! War. Pedophiles. Bitcoin at -40%. Burning oil tankers. 

If an alien spacecraft docks at Disneyland we'll easily hit 900 on this bad boy. 

HAPPY TUESDAY!!!