I was short NDX, SPX, and RUT. I have rotated the NDX portion into the SPX. I’m short SPX, RUT, and long EEV.

Charting facts according to StockRake:
The NDX/COMPX is leading right and shows little sign of a turn down. SPX, RUT, and DOW are highly likely to selloff from here due to my indicators signaling so.

Two Scenarios based on these facts:

1. Due to the COMPX leading. SPX, RUT, and Dow being the laggards will play catch up and negate any negative sell signals and go higher.

2. The SPX, Dow, and RUT are telling the truth and the Nasdaq is in for a fast 1-4 week selloff that will catch bulls jiggling their nuts.

I’m positioned for scenario 2 because I see more negative than positive right here. I executed my trades a few days too early this past week. As most readers know, I like to execute on Friday.

Potential long and short swing trades coming up next…

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