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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