To gain an edge, this is what you need to know now.
Selling In ETFs
Please click here for an annotated chart of Nasdaq 100 (QQQ).
Note the following:
- There is selling in ETFs and futures.
- Selling is especially strong in tech stock ETFs and Nasdaq futures.
- Lately option expiration has been pushing stocks upwards. It appears that even today if it was not option expiration, tech stocks would have fallen significantly more.
- The chart shows when smart money sold.
- The chart shows Arora signal to short sell QQQ or buy inverse ETF QID.