DOW 8000 or 9500 or both lie ahead ?

S

SethArb

I am curious if most traders think we

will hit both targets in the next few weeks / months ?

or if we reach one that might reduce the possibility

of us returning to the other target by a huge % ?
 
it seems to be lagging much more than DOW and SP500

compared to prior rallies of the bear market lows

if the cubes are above 24 1/2 and nasdaq 1350 by wed close

I will say the worst could be behind them for the week
 
qqq underperformance relative to spy & dia to this point could disappear as it plays catchup, or it could be a more serious tell. Unless you are one of those % players as opposed to a pt/trade player, I say it doesn't matter, stay with strength and trade the strength in the large cap NYSE stocks. Why risk your money on at best a 50/50 bet on the NDX. Put up 4 week charts of the big caps and you'll see my point.
 
You must log in or register to reply here.
Back
Top