How to Prepare for the Coming Crash and Preserve Your Wealth
BMO Commentary
Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.
0715.ET
World and US Markets are mostly Down.
QQQQ/SPY are currently Trading at 43.27 / 108.95
QQQQ Resistance is at 43.80, then 44.14, then 44.68, then 44.92
QQQQ Support is at 43.61, then 43.40, then 43.17, then 42.8x, then 42.3x
Use these levels to look for turn Signals .. or the lack of them for continued follow-through.
Subscribers, read what I wrote last night and look at the Annotated Charts I posted then for guidance.
We got that break-out of Friday’s Range (to the Down-side) . . . Subscribers, read what I expect next in last night’s AMC Commentary.
There are no Economic Events out today except some Fed speaks. There will be no news effect on the Open except for possible Corporate Earnings Reports . . . Dell reported BAD last night and is weighing on QQQQ.
Metals and Energy Commodities are Down while the US-Dollar is Up right now.
Also, don’t forget that today is OE .. the end of November options.
AMC Commentary
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