6/27/20. SPX and Nasdaq are dominated by a handful of large caps stocks and they maybe unreliable.
Russell2000 is made of mid cap 2000 companies and may represent better picture.
White path = we topped in cycle 1 and in the process of trace to cycle 2
Yellow path = we go up for one more higher high but that may present A=C setting up for potential larger move back down to test the March low.
Know your parameters. Risk vs Reward.
Russell2000 is made of mid cap 2000 companies and may represent better picture.
White path = we topped in cycle 1 and in the process of trace to cycle 2
Yellow path = we go up for one more higher high but that may present A=C setting up for potential larger move back down to test the March low.
Know your parameters. Risk vs Reward.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.