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Ross Givens
Stock Trader & Educator
Traders Agency > Archives for October 6, 2021
Are we headed for a market correction? It’s possible. In fact, you could argue that a correction has been underway for several months now. Take a look at the chart below… It shows the percentage of Nasdaq stocks that are trading above their 200-day moving averages (MAs). As regular readers know, the 200-day MA is …
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Just waiting on that bullish turn
Good morning, Traders! Yesterday, I gave an update on the Nasdaq 100 E-mini futures market (NQ). Today, we’ve seen some encouraging movements from the NQ. While the short-term direction is still down, we see signs that the market is starting to break that short bearish trend. The market didn’t break through the up trendline, and that’s certainly …
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