In this week's Weekly Markets Analysis I cover $SPY, $QQQ and $IWM.
The last two shows strength over the $SPY, what does it mean? Who is giving us a hint regarding the markets direction? Is it the $SPY weakness or the $QQQ and $IWM strength?
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This is getting unsustainable, I don't see it going anywhere but down over the next 3 months.
Could this be the bagholder's last ride after the end of QE?
Just when they thought that the end of QE isn't going to affect stocks at all, it'll hit them even harder by surprise.
I'm adding more short position here as we move on...