I agree, so for me if I felt that I had to be long the market
indexes, I'd be long IWM/DIA over QQQ or SPY since I think if the
market holds up and pushes higher those two indexes will out
perform and the QQQ which has been outperforming for so long may
start to lag
to put it in more simple terms if I was long the QQQ, I'd look
to sell that and buy IWM / DIA as they would likely outperform on
the next market up leg out of those coils
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My feeling is we might
IWM and INDU Daily Views
Posted by ssaffer on 11th of Jul 2020 at 02:18 pm
My feeling is we might see rotation out of Nasdaq into the IWM and $INDU if the triangle remains in bullish formation.
I agree, so for me
Posted by matt on 11th of Jul 2020 at 05:31 pm
I agree, so for me if I felt that I had to be long the market indexes, I'd be long IWM/DIA over QQQ or SPY since I think if the market holds up and pushes higher those two indexes will out perform and the QQQ which has been outperforming for so long may start to lag
same here i bought IWM
Posted by arun on 12th of Jul 2020 at 05:20 am
same here i bought IWM month end calls and SPY two weeks out
to put it in more
Posted by matt on 11th of Jul 2020 at 06:20 pm
to put it in more simple terms if I was long the QQQ, I'd look to sell that and buy IWM / DIA as they would likely outperform on the next market up leg out of those coils