May. 19 at 9:25 PM
Selling was the dominant action today, but many indices remain in well established bull trends (
$COMPQ,
$SPX), while others develop the makings of new trading ranges (
$IWM,
$BTCUSD.X). Those looking to play long can look to buy support of latter ranges, but those wanting to play short can look to the equal weighted Nasdaq 100 (
$QQEW). https://www.markets.fallondpicks.com/2026/05/market-selling-continues-as-trading.html