No Where to Hide

Next week set up

Nowhere to Hide

The Nasdaq 100 was down 7.5% in 4 days this week.  Yep, the only day of respite was MLK Monday.  We wrote last week the market angst needed time and/or price to find a bottom.  Price would be testing and busting through 200 day moving averages which it cut like a butter knife the $QQQ and just dropped below on Friday the S&P 500.  Time, t…