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Time to Switch to Cash on the QQQQ/ Nasdaq

|Includes: PowerShares QQQ Trust ETF (QQQ), SPY

Based on INO's Trade Triangle technology, there was signal mid-day today to switch to cash on the Nasdaq Composite.  Please note that this is not a short signal, but rather a note to switch from a long position to cash.

For a free video on the 'cash' signal, click here. This is not a bullish signal for the markets, and based on my previous post regarding the 20 day moving average on SPY, we could be in for at least a short term correction.