%% Possible; looks like the last 2 weeks selling was front running that. Anyway, DOW tends to weaker than SPY +QQQ, most anytime. I planned to SDOW early today, but they have to get/stay below 50 dma .......................................................................................................So SPY + QQQ are still long + strong. I got real bearish on QQQ longs in DEC, but SPY + UPRO longs looked so good, i got in them. And with 2020 hindsight DEC QQQ still looks bearish some, for DEC,-but it never happened. DIA didnt even close above 50 dma today.......
anything is possible my friend ….and yes your opinion can be wrong. better lose your opinion then your money
interestingly right now the S&P is closer to it's all time high than the Dow. the broader market is rallying.
SPX fell 67 points from your posting time when ES was at 3280 on Friday morning Did you hold long through a 2% decline ? Now if you get bored draw the lower channel line on SPX from October and notice where the reaction was Where do see SPX going from here ?
I do not trade USA markets. but I do trade aud usd and I trade small. you cannot buy the low and sell the high..... stops will get triggered. trade small