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Charts on S&P 500 Spiders and QQQs Help Investors Capture Volatility

Richard Suttmeier

My call is to sell strength in the stock market as Spiders trade up to the second quarter risky level at $297.56. My prior call was to buy QQQs on weakness to its annual value level at $169.27, which was tested on June 3. Most on Wall Street say "nobody can time the market," but I say you can! You do so by reading daily and weekly charts and knowing the key levels and signals that provide guidelines on when to sell on strength and buy on weakness.