$SPX $DJI & $QQQ - Neutrality Between Fear and Greed
1. $.SPX(.SPX)$ - Neutrality Between Fear and Greed
Bearish continuation is very likely as the daily chart suggests. There is still Greed in the Put/Call Options and Market Momentum is not completely reset.
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2. $.DJI(.DJI)$ : Gap = Magnet
The godfather of the indexes presents a bearish Stochastic crossover after price retraced from the Bollinger band. The move aims at the lower band.
Probably something... despite the latest potential bullish candle.
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3. $Invesco QQQ(QQQ)$ - Doji + Williams%R indicate a Potential Reversal, on the other side the bearish MACD cross and the loss of the 50MA suggest otherwise. The isolated price action sets a bearish island instead of a bullish magnet.
Observe price action moves after the MACD cross, recently it has had bearish continuation, with less overbought indicators.
IF there is a morning bounce on Monday, risk has to be considered in case it vanishes, the gap above can act as resistance.
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