Last night in our email to our subscribers, we wrote:
“Based on the signals our system picked up today, tomorrow Wednesday 4/17/19 we potentially will see some downward actions for stocks. Volatility is likely to rise some amount, though not hugely. We are likely to see TQQQ and TNA drop more than they have been dropping.”
That’s pretty much what happened today.
$RUT IWM TNA in particular dropped hard. This is something we’ve been expecting also, as small caps have been stuck for several weeks, unable to rise above the high of February.
All our short-term indicators have turned fully bearish today. For more on these short-term indicators, and long-term signals, and how to navigate in this environment, sign up here. It's FREE and no credit card or personal info is required.
Since March 1 2019, our profit is 30.02%.
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