The Traderszone Network

Published in TZ Latest News 25 September, 2014 by The TZ Newswire Staff

SPY and QQQ Break Down as TLT Breaks Out

Stocks were hit with broad selling pressure with the Nasdaq 100 ETF. leading the major index ETFs lower. The Technology SPDR led the sectors lower with a 2+ percent loss. Almost all industry group ETFs were down. The Gold Miners ETF managed a modest gain and gold got a bounce. The US Gasoline ETF and the Natural Gas ETF also bucked the selling pressure. The chart below shows the 10-day SMA for AD…