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…