SPY/QQQ SELL signal on 08/14/2019

Our Proprietary Oscillator has generated a SELL signal on QQQ today despite the face ripping rally from yesterday.   A SELL signal was generated on SPY yesterday despite the sharp rally from yesterday and today the SPY gave back all the gains from yesterday and also ended on the lows of the day.   Our Oscillator is starting to accelerate to the downside despite the big rally yesterday but you can see that price has closed below the 200 day moving average and looks ready to accelerate to the downside.