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QQQ Momemtum -- Dead Calm, Shark Infested Waters.

|Includes: Invesco QQQ ETF (QQQ)

QQQ Momo Trader: Surf is down and the situation is "sharkey"

The RSI is showing flat calm and the A/D is not favorable for Friday morning. I am holding back on buying anything until we can get a better setup near Friday's close or on Monday's open.

Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in QQQ over the next 72 hours.