How to Prepare for Monday’s Stock Market by Watching Trading Range Lows

23 April 2022

After both the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) failed to hold or clear over the 50-day moving average (blue line), the bleeding has not stopped.  Now that IWM and many key ETFs are near the bottom of their trading range, how should we prepare for next week?