No change last 5 sessions to premise laid out post early June tech sell off

Saturday, July 8, 2017 at 06:12AM
Demi/ YourPersonalTrader

QNET - NASDAQ INTERNET INDEX

 

 

 

JUNE 30th

Reason the pattern is on the table is the peak to troughs in the QNET (home of FANGS). 

Leg 2 is no worse vs. Leg 1, yet -5.8% is nasty enough with earnings around the bend.

 

Article originally appeared on Your Personal Trader (http://www.yourpersonaltrader.com/).