May 13 2019 - SPY & QQQ Bust Through Support

Here we go again... Trade war headlines are sinking stocks, just like in Q4 of last year. SPY & QQQ joined DIA in breaking through their key 50-day SMAs (institutional moving average). If the 200-day SMA fails to act as support, the daily charts will turn flat out bearish.

We also review BA, AAPL, GOOGL, XLF, IYT, SMH, GIS and more.

Have a great day!

php_network_getaddresses: getaddrinfo failed: Name or service not known