Regarding relative strength between indices, I have given it some thought, and I am unsure about that for the moment. On the one hand, we have the potential banks and regional bank issues that might enhance, which should hurt the Russell, and on the other, the NDX is the most overbought, so a reversion could hurt the NDX more. So, I’m not sure which will underperform at the moment, and I think I could make a case either way. I don’t yet see any good clue from a technical perspective that might help, either. But, I will keep looking, and if I get an idea that think might be helpful, I will bring it up.
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Thanks as always. So do you think the russ is the most vunerable the next few mos (assuming, there will be a pullabck)
Regarding relative strength between indices, I have given it some thought, and I am unsure about that for the moment. On the one hand, we have the potential banks and regional bank issues that might enhance, which should hurt the Russell, and on the other, the NDX is the most overbought, so a reversion could hurt the NDX more. So, I’m not sure which will underperform at the moment, and I think I could make a case either way. I don’t yet see any good clue from a technical perspective that might help, either. But, I will keep looking, and if I get an idea that think might be helpful, I will bring it up.