DIA, SPY, QQQ Performance and Direction
- Leadership rotation began on 02/16 where Nasdaq-100 (QQQ) gave up its upside leadership role
- Dow (DIA) is getting strong every day with a new high today
- S&P stays in the middle
- Market direction can be determined by looking at SPY to see if being dragged up or down
- Downside power seems to be stronger with QQQ so be prepared for full-scale downtrend or sell-off
- Dow (DIA) is getting strong every day with a new high today
- S&P stays in the middle
- Market direction can be determined by looking at SPY to see if being dragged up or down
- Downside power seems to be stronger with QQQ so be prepared for full-scale downtrend or sell-off