SPQ, QQQ finally went IWM way with a vicious sell off.
Came close to 50 MA and bounced. Most likely a choppy inside day Friday after a big range day Thursday.Indices all under 8/20 MA so caution warranted with swing long plays, Lots of broken charts now. No surprise here given the dismal action last few days in many former momentum names.Needs some time to heal.
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