EPS Warning Season approaches as we enter the 3rd Week of September.
Institutions know it will be dismal.
We have hit 2/9 within the NQ Decline Structure as can be seen in the Daily.
14060 opens up @ the 50 SMA, the NQ has been the last Index to begin the
move to the lower boundary.
It should be exceeded into October and begin to move to the 100SMA and on
to the 200SMA @ 13.7K
We anticipate a move below the 200 SMA.