COMPQ Update…

Below is a slightly different look at the COMPQ which I’m showing a H&S consolidation pattern instead of the bearish rising wedge which is also valid. If the COMPQ gets a counter trend rally I will use the backtest to the neckline at 4675 to go short. Note the 50 dma is now crossing below the 200 dma.  I’ve been hesitant to put on a lot of positions until our website is up and running at full speed. I’ve been holding alot of cash.  I will keep monitoring all the different markets and if you see something that catches your eye go for it.

compq