Sam Weiss

Samwise Quick Reference Handbook To streamline our daily blogs and conserve space, we’ve organized key resources into a convenient, collapsible

As the market ended its second leg down two sessions ago, we now turn focus to overbought conditions for deterring when the next leg lower might begin.

The QQQ attempted to reclaim the $600 level and reached the midline on the hourly before peeling back. We discuss why the QQQ is likely headed lower in the intermediate-term.

Market finally showing signs its in a subtle and slow grind lower in a correction.

The QQQ continues to trade in our uncertain range ($605-$615) and we should have a better sense of direction once the trades out of that range. We discuss the scenario as it stands.

Market gapped down big but quickly filed the morning gap. We sold see a return to the lows later in the session.

QQQ has begun a second leg lower, but it’s still unclear whether we’re in a correction or whether this is just a big set-up for what will later be a larger sell-off.