
MOMO SELLS AS NASDAQ REVERSES BUT SMART MONEY STEPS IN TO BUY
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Smart Money Starts Nibbling Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows that the day started out with QQQ going higher. The chart shows the rally was sold. The chart shows that when QQQ fell below the prior low, momo crowd started selling. This is a reversal from the momo crowd’s typical pattern. This is an indication that for some in the momo crowd the pain is too much, and they are beginning to sell. This coincides with new anecdotal