Friday, September 21st 2018, around 9:00 am IST, around 11:30 pm Thursday Night New York Time
S&P 500 and Dow Jones Industrial average rose to all time high. Out of 197 industry groups tracked by IBD winners led losers by 7 to 1 !!
Look at the above chart – a 7.29 % jump in percentage of stocks in S&P 500 trading above 50 day SMA! to 70.03!
Important note : Friday is quadruple witching day. Volume is going to explode.
QLD good up day, good upswing above 9 Day EMA, good volume – 1.174 Million. OBV increased to 11.83 million
NYSE Advance decline line – fantastic and highest! 1907 stocks up on 2.48 Billion volume, which is about 4 times the volume of 898 stocks down on 0.70 billion volume !
Top bull day!
Decision : i will continue in the market Long on QLD and NQ