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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ajtj99 who wrote (10985)11/6/2020 8:49:25 AM
From: The Ox1 Recommendation

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ajtj99

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Very short term, a lot of stocks, QQQ stocks in particular, look like they need another rally today or yesterday's action looks very much like distribution. FOMO, chase the rally.

With COVID numbers soaring across the country, the apparent Biden relief rally is looking long in the tooth...

I'm still seeing a bullish bias - but - without significant follow through today, we may see (or saw yesterday) a short term topping process playing out.
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